Category Archives: Quantum Computing

Technology to Highlight the Next 10 Years According to a Strategy Expert: Quantum Computing

It is said that quantum computers, quantum computing, will have an impact on human history in the coming years. Bank of Americas strategist said that quantum calculation will mark the 2020s.

Bank of America strategist Haim Israel, the revolutionary feature that will emerge in the 2020s will be quantum calculation, he said. The iPhone was released in 2007, and we felt its real impact in the 2010s. We will not see the first business applications for quantum computing until the end of the next decade.

Strategy expert Haim Israel; He stated that the effect of quantum computing on business will be more radical and revolutionary than the effect of smartphones. Lets take a closer look at quantum computing.

What is Quantum Calculation?

Quantum computation is a fairly new technology based on quantum theory in physics. Quantum theory, in the simplest way, describes the behavior of subatomic particles and states that these particles can exist in more than one place until they are observed. Quantum computers, like todays computers, go beyond the storage of zeros and get enormous computing power.

In October, Google, a subsidiary of Alphabet Inc., claimed that they completed the calculation in 200 seconds on a 53 qubit quantum computing chip using a quantum computer, which takes 10,000 years on the fastest supercomputer. Amazon said earlier this month that it intends to cooperate with experts to develop quantum computing technologies. IBM and Microsoft are also among the companies that develop quantum computing technologies.

Quantum computation; health services can recreate the Internet of objects and cyber security areas:

Israel; quantum computing would have revolutionary implications in areas such as health care, the Internet of things and cyber security. Pharmaceutical companies will be the first commercial users of these devices, he said, adding that only the quantum computers can solve the pharmaceutical industrys big data problem.

Quantum computing will also have a major impact on cyber security. Todays cyber security systems are based on cryptographic algorithms, but with quantum computing these equations can be broken in a very short time. Even the most powerful encryption algorithms in the future will weaken significantly by quantum computation, Ok said Oktas marketing manager, Swaroop Sham.

For investors, Israel said that the first one or two companies that could develop commercially applicable quantum computing in this field could access huge amounts of data. This makes the software of these companies very valuable for customers.

You may also like.

View post:

Technology to Highlight the Next 10 Years: Quantum Computing - Somag News

The Federal Aviation Administration, for example, needs to maximize the number of planes that can come into an airport, Williams says. Thats easy on an ordinary day. But when a thunderstorm comes in and disrupts air travel, they need to reoptimize quickly to get all the planes to come in in a safe an effective manner.

Quantum does that extremely well, and the same techniques could be applied by the Defense Department to tackle transportation problems in order to better organize troop movements. Optimization problems are everywhere, Williams says.

Researchers also are looking at quantum computings ability to process complex and subtle interactions at the subatomic level. Robust computing here could make quantum a potentially powerful new tool for designing new drugs and medical treatments, something that could benefit agencies like the National Institutes of Health and the Department of Veterans Affairs.

Any place where quantum physics is at the core of a capability, quantum computing will be useful, Williams says. We could look at the processes going on deep in the earth and predict the most powerful earthquake to ever hit California two weeks before it happens.

In a mathematical sense, quantum physics is all about uncertainty and probabilities. Those principles could be applied in a military context. In war, the biggest problem is that you never know what your opponent is going to do. There is a certain randomness in it, Williams says. In a war game scenario, a quantum approach ensures that a war game would never play the same way twice. You could play through all the possibilities, and that begins to eliminate that randomness.

In the near term, governments biggest role may be in helping to further the evolution of this emerging technology. Government labs and government-funded universities play an important role in fundamental research and the education of future quantum computing scientists and engineers, Sutor says.

For example, in August of this year, the Air Force Research Lab announced it was joining the IBM Q Network in an effort to investigate quantum applications in algorithms, machine learning, neural network training and other areas. Such efforts could drive the creation of a new community for industry and application-oriented quantum computation strategies, Sutor says.

MORE FROM FEDTECH: Ask these questions before buying AI-enabled security software.

A few key terms around quantum computing include quantum annealing, quantum simulations and universal quantum computing. Its worth taking a slightly deeper dive to understand these.

A range of large and small tech players are tackling this, including Google, IBM, Microsoftand Honeywell.

There are many companies exploring these possibilities and they are all contributing to a competitive environment. But its early days, its the Wild West, Williams says.

The first companies involved today are looking for a niche market, a simulation or a solution to a very specific problem, he adds. We will find a few of those niche things of interest to scientists, and then well just have to see what else comes to fruition.

It may be a decade or more before we see widespread adoption of quantum computing. Government, meanwhile, can help create an environment in which innovation and experimentation around quantum can flourish. Open-source access and adoption is how an ecosystem of developers, scientists, educators and professionals across different industries will get quantum ready for this new generation of computing, Sutor says.

The rest is here:

What Is Quantum Computing and How It's Changing Government - FedTech Magazine

Making fast and powerful quantum computing available through the cloud can enable tasks to be processed millions of times faster, and could shape lives and businesses as we know it. For example, applications using quantum computing could reduce or prevent traffic congestion, cybercrimes, and cancer. However, reaching the quantum supremacy landmark doesnt mean that Google can take its foot off the gas. Rather, the company has thrown down the gauntlet and the race to commercialize quantum computing is on. Delivering this killer technology is still an uphill battle to harness the power of highly fickle machines and move around quantum bits of information, which is inherently error-prone.

To deliver quantum cloud services, whether for commercial or academic research, Google must tie together units of quantum information (qubits) and wire data, which is part of every action and transaction across the entire IT infrastructure. If quantum cloud services get to the big league, it will still rely on traffic flows based on wire data to deliver value to users. This raises a conundrum for IT and security professionals who must assure services and deliver a flawless user experience. On one hand, the quantum cloud service solves a million computations in parallel and in real time. On the other hand, the results are delivered through wire data across a cloud, SD-WAN, or 5G network. It does not matter if a quantum computer today or tomorrow can crank out an answer 100 million times faster than a regular computer chip if an application that depends on it experiences performance problems or a threat actor is lurking in your on-premises data centre or penetrated the IT infrastructure first and last lines of defence.

No matter what the quantum computing world will look like in the future, IT teams such as NetOps and SecOps will still need to use wire data to gain end-to-end visibility into their on-premises data centres and cloud environment. Wire data is used to fill the visibility gap and see what others cant; to gain actionable intelligence to detect cyber-attacks or quickly solve service degradations. Quantum computing may increase speed, but it also adds a new dimension of infrastructure complexity and the potential for something breaking anywhere along the service delivery path. With that said, reducing risk therefore requires removing service delivery blind spots. A proven way to do that is by turning wire data into smart data to cut through infrastructure complexity and gain visibility without borders. When that happens, the IT organization will fully understand with precise accuracy the issues impacting service performance and security.

In the rush to embrace quantum computing, wire data therefore cannot, and should not, be ignored. Wire data can be turned into contextually, useful smart data. With a smart data platform, the IT organization can help make quantum computing a success by protecting user experience across different industries including automotive, manufacturing and healthcare. Therefore, while Google is striving for high quality qubits and blazing new quantum supremacy trails, success ultimately relies on using smart data for service assurance and security in an age of infinite devices, cloud applications and exponential scalability.

Ron Lifton, Senior Enterprise Solutions Manager, NETSCOUT

See more here:

Quantum supremacy is here, but smart data will have the biggest impact - Quantaneo, the Quantum Computing Source

Quantum Computing in recent times has sparkled the discussion around its adoption by companies and even countries. The hype around this, significantly, increased as search engine Google recently announced that it had achieved quantum supremacy. The discussion around quantum computing is also on the rise because countries interest in this has grown considerably. China and the United States vie on many fronts, but in the quantum world, China seems to exceed the US as its investment that consists of quantum computing also includes quantum information systems.

Todays quantum supremacy race delineates the day when quantum computers will be working in the field of medical, automotive, finance, among others in order to solve the knotty problems that classical computers are unable to do. Every time, in the quantum world, a quantum bit (qubit) is added, and the amount of information is doubled.

Googles quantum computer, that has 53 functioning qubits, has proven to be significantly faster than the most powerful classical computer in the world owned by IBM. As per the report, Googles quantum computing system, named Sycamore, was able to solve an intricate problem in 200 seconds. Conversely, it claimed the same issue which otherwise would require conventional computers to solve a span of about 10, 000 years.

Quantum supremacy, that companies and countries are competing for, refers to the point at which a quantum computer can make calculations beyond the most powerful classical computer conceivable. For the last few years, several countries have been pouring massive capital in this space that might be of particular interest.

Two years ago, in 2017, China announced to open a 92-acre National Laboratory for Quantum Information Sciences that is set to become reality by 2020. For this research center, the country sanctioned US$10 billion.

In the same year, a joint, state-sponsored research project with Japans National Institute of Informatics and the University of Tokyo produced the machine, Nippon Telegraph and Telephone (NTT), shared a prototype quantum computer for public use over the internet. On the other hand, in 2017, Sweden invested 1 billion Swedish Krona (nearly US$118 million) into a research initiative with the purpose to build a robust quantum computer.

However, reports claim that the United States has not invested enough in quantum computing. But over the summer, academia and industry showed effort before the U.S. House Subcommittees on Research & Technology and Energy to upsurge investment into it. According to Dr. Christopher Monroe, Quantum Physics professor, U.S. leadership in quantum technology will be critical to the national security and will open new doors for private industry and academia while ensuring Americas role as a global technology leader in the 21st century.

Moreover, two federal initiatives are underway to streamline and coordinate private and public research in quantum computing and other quantum-related projects. The first one is the National Quantum Initiative Act, a law that passed last year and the other one is a White Paper spelling out a national strategy to make sure America maintains supremacy in the technology over its counterparts, particularly China.

Here is the original post:

How Countries Are Betting on to Become Supreme in Quantum Computing - Analytics Insight

Andy Jassy, the CEO of AWS, has helped his company scale new heights. He founded AWS with a team of 57 people in 2003, and has since then taken it to a growth rate of 35 percent and an annual revenue run rate of $36 billion.

Amazon launched the Elastic Compute Cloud in 2006. At that time, nobody anticipated that the cloud would, one day, become the way to help enterprises scale.

On the sidelines of AWS re:Invent 2019, the massive annual Amazon Web Services cloud computing conference held in Las Vegas, Andy Jassy met select media and spoke about what was on his mind: AWS, its work with Goldman Sachs and Cerner Corporation, Trumps anti-Amazon stance, and the future of 5G.

Edited excerpts of the interview:

YourStory: The Joint Enterprise Defense Infrastructure (JEDI) cloud computing contract went to Microsoft. What are your thoughts on that?

Andy Jassy: I cannot say much as it is under active litigation. But We are aware of the pricing and we believe that it was unfairly awarded. We are talking about the defence of the US, and we have a government that has unfairly awarded a contract.

We have a sitting president who actively comments on Twitter about a company; this is not good for democracy. It is dangerous for the country.

YS: Tell us about digital transformation with the cloud?

AJ: Look at enterprises making the transition to the cloud and those who are not. Those who have made the journey know that the cloud offers benefits of scale because of the services we offer. You have seen Goldman Sachs and Cerner Corporation embrace the cloud.

GE is a prime example. Their move to the cloud happened because the top leadership decided they had to move fast. They began doing so with 42 applications. They also worked on compliance, security, and governance for the cloud. Now they are moving a thousand apps on AWS.

An aggressive, top-down approach is important if you need to transform yourself. I met the CEO of a life sciences company, who thought they were using several AWS offerings. When I told him that they were using only two EC2 (elastic cloud) instances, he was surprised. He called his tech guy and changed that immediately.

When we meet a company, we do a deep portfolio analysis on what applications are easy to move and what are tough to move. We find that many apps can move to the cloud faster and help them transition. The only problem comes from non-tech issues like the alignment of senior leadership.

YS: Do you see cloud collaboration between different players?

AJ: I don't believe that this will happen now. This is because each one has its own functionality. But they will collaborate in the future.

YS: Why did AWS opt for ARM?

AJ: We need better processors to compute the workloads of some of our clients. We work with Intel, too. However, we also built a relationship with AMD. Pushing performance was our key.

The Graviton2 processors can deliver faster speed and additional memory channels with cache speed memory access that is quicker as well. The Graviton2 comes with general-purpose instances M6g and M6gd, compute-optimised instances (C6g and C6gd), and memory-optimised instances (R6g and R6gd).

YS: The Capital One affected around 100 million people in the US and about six million people in Canada. Does this impact the cloud story?

AJ: There were as many as 25 data breaches this year. You have to understand that most of them were on-premise. I don't think it has shaken the confidence of companies moving to the cloud.

However, security remains the number one barrier to use the cloud and that's because senior management or the industry are not aware. We need to make them aware that they get high levels of security when they work with AWS.

YS: What do you think of regulators in the age of data privacy?

AJ: We work with many of them and show them the benefits. Regulatory issues are a fact in many countries, but some countries are keen to think cloud-first.

Again, I come back to awareness. We have a significant team that works with regulators. These regulators care about their industries and how they use data the right way. They are nervous and we are educating them with our partners. The best way is to get their confidence is to tell them that we have millions of active customers.

YS: What are your thoughts on the future with the cloud?

AJ: We are pleased about our growth rate. Our ARR is $36 billion. Our contract values are better than our competitors. The second largest cloud provider has captured only 15 percent of the market while we are close to 50 percent.

We have Amazon Braket, a fully managed service that allows scientists, researchers, and developers to begin experimenting with computers from multiple quantum hardware providers in a single place. The Bra-ket notation is commonly used to denote quantum mechanical states, and inspired the name of the service.

The AWS Center for Quantum Computing, a research centre adjacent to the California Institute of Technology (Caltech), will bring together the worlds leading quantum computing researchers and engineers to accelerate the development of quantum computing hardware and software. It will take several years before it has real impact, but we strongly believe in its promise.

AWS business is growing faster than anyone can imagine 35 percent year on year. It is so early in this titanic shift and the cloud is going to be big business. We have so many customers who want to use the AWS platform. It changes possibilities for business in the long run.

(Edited by Teja Lele Desai)

More here:

AWS CEO Andy Jassy gives his take on Trump's disdain for Amazon and why cloud is the future - YourStory

Disruption like artificial intelligence and robotics are in the forefront of technological advances, but other areas like quantum computing are powering the next generation of ETFs like the Defiance Quantum ETF (NYSEArca: QTUM).

Defiance ETFs notes multiple breakthroughs in the field of quantum computing.

We have seen increased institutional interest in QTUM, given the recent announcement of Google reaching quantum supremacy, says Chief Executive Officer Matthew Bielski.

QTUM tracks a rules-based index, known as the BlueStar Quantum Computing and Machine Learning Index, that gives investors exposure to the next generation of computing, including disruptive companies building out quantum computing and machine learning technology. The index is comprised of equity securities of leading global companies engaged in the research and development or commercialization of systems and materials used in quantum computing.

Areas within quantum computing include advanced traditional computing hardware, high powered computing data connectivity solutions and cooling systems, and companies that specialize in the perception, collection and management of heterogeneous big data used in machine learning. Additionally, iIndex components are assigned an equal weight subject to a liquidity overlay, index components are reviewed semi-annually for eligibility, and the weights are reset accordingly.

QTUM is part of an ETF family that also includesFIVG, the First 5G ETF; andDIET, focused on next gen food and sustainability.

Fund facts:

Benefits of QTUM:

In the business world, its adapt or die and the wave of disruption occurring in all sectors is weeding out companies that will be slow or resistant to innovation. This presents an opportunity for the discerning investor by capitalizing on companies that cant keep up with the changing times.

Disruption isnt relegated to startup companies taking an idea and simply building its core business model around it. It also affects existing companies whose outdated business models can no longer stem the tide of disruptive forces on revenue generation.

For more market trends, visit ETF Trends.

Go here to read the rest:

"QTUM" ETF Capitalizes on the Field of Quantum Computing - ETF Trends

Riverlane is inviting submissions for contributed talks at next years inaugural Quantum Computing Theory in Practice (QCTIP) conference 2020 which will take place in Cambridge.

Talks will be selected on the basis of scientific excellence and workshop-friendliness. Topics will include applications and architectures of quantum computers; quantum algorithms; quantum compilation and circuit optimisation; quantum error correction and fault tolerance; simulation of quantum systems; theory of near-term quantum computing; and verification of quantum devices.

QCTIP has emerged from a series of Heilbronn quantum algorithms meetings hosted in Bristol and Cambridge since 2010.

Themes to be explored at the event on April 6-8 at the Centre for Mathematical Sciences start with the theory of the whole quantum software stack, seconded by practical aspects of running experiments on current and NISQ devices, and thirdly scaling up to more and higher-quality qubits.

The programme committee includes Srinivasan Arunachalam of MIT/IBM Research and chair Iordanis Kerenidis, CNRS senior researcher/QCWare. Speakers from IBM Research, Google and Oxford University have been invited.

All submissions for talks must be made online through the EasyChair submission system.

Riverlane is based at St Andrews House in the centre of town and is run by Dr Steve Brierley, has spent 10 years researching algorithms and architectures for quantum computers, most recently as a senior research fellow in applied mathematics at the University of Cambridge. The company writes software for quantum computers, with the software being run on a quantum computer based at Oxford Quantum Circuits.

Theres only 50 quantum computers currently around, and its likely to remain a limited number, says Dr Brierley. Quantum computers are very good at certain things: you wont see one on your phone any time soon, though it might be used to make the chips on the phone run faster.

It costs several million pounds to buy the components to build a quantum computer and you have to get the staff theres very few people who know how to build one. We work with companies that already use computational modelling in design, for instance Merck, which has a performance materials division which includes everything from lip gloss to organic LEDs in a TV.

Dr Brierleys expertise was recently called upon by the Guardian to solve a bit of a spat between Google and IBM. Google announced its Sycamore quantum processor had performed a specific task in 200 seconds that would take the worlds best supercomputer 10,000 years to complete, meaning it had achieved quantum supremacy by exceeding the potential of traditional devices. But in a blog post IBM researchers said the result should be treated with a large dose of scepticism due to the complicated nature of benchmarking an appropriate metric.

Dr Brierley told the Guardian: Its clearly an amazing achievement. I think this is going to be one of those moments when people look back and say, That was the time that really changed this field of quantum computing. It is also a great moment in time to stop talking about quantum supremacy, which has unfortunate historical connotations, and move on to talking about quantum advantage, which has a useful application.

Quantum computing is so new there isnt a standard operating system so Riverlane is writing one.

Its quite difficult because if you write software for one quantum computer it wont work on any other so were currently developing an operating system, which we expect to be complete within 18 months as an initial product, Dr Brierley told the Cambridge Independent. The challenge in the sector is what is the best way to build a quantum computer and this operating system will remove the uncertainty.

View original post here:

First quantum computing conference to take place in Cambridge - Cambridge Independent

What makes quantum computing so challenging?

Real quantum systems are subject to a lot of noise, and the hard thing about quantum engineering is making devices that preserve the probability amplitudes. The low temperatures, a few thousandths of a degree above absolute zero, are all about removing noise, but Googles device is still really noisy. What they measure is almost entirely a random signal with a small deviation, where the small deviation is coming from the quantum mechanics.

Based on Googles estimate in their Nature paper, a classical supercomputer would need 10,000 years to complete what the quantum computer did, but then IBM says it would only need a couple of days using a different method. Could you explain this discrepancy?

IBM said they have an algorithm that could be faster than the 10,000 years that Google stated and that was because they realized that it is just possible to store that state of 254 qubits on the hard drives of the Oak Ridge supercomputer, the largest in the world, operating for two days.

Does IBMs conjecture take away from the overall significance of what Google did?

I dont think it changes the fact that this demonstration is showing a clear separation in how hard it is to perform this calculation in a classical computer versus a quantum device. Its absolutely true that people can come up with different ways of calculating things, and the performance of our classical supercomputers and algorithms will continue to improve.

IBM is absolutely right to point out this discrepancy and also to make the larger point that the quantum supremacy demonstration is not really useful, so we should continue to wait for devices that can run quantum algorithms with known applications. Its also important for IBM to run the simulation to see if it really does take two days because sometimes running things on supercomputers is not as obvious as in a theorists head. Google posted the output from their quantum calculations, so then we can check to see if they really are measuring the quantum effects they believe.

Ultimately, I think this demonstration will go down in history as a landmark achievement. Although there are other quantum devicesor materials for that matterthat are hard to simulate classically, this is the first device matching that description that is an engineered, fully programmable quantum computer. That is an important distinction since there is a natural blueprint for how one scales the system into larger devices that can run more complex calculations. With a quantum computer, adding just one qubit doubles the computational capacity, so things can move quickly now.

What comes next?

Were still a long way from having the types of quantum machines in many peoples heads, like ones that can simulate chemical reactions or break encryption models. The best estimates for what you need in a quantum computer to break encryption codes is around 10 million qubits with the same properties as these 54.

Googles quantum computer is in some ways analogous to ENIAC, the first general-purpose digital computer, which was built at Penn in the 1940s. ENIAC was built for a special purpose, using the best technology available at the time, but it ultimately found far wider applications and spawned the information age. It was a huge engineering feat to take something from a basic concept, in ENIACs case vacuum tubes that can perform logic gates, and put enough of them together to calculate something that was previously inaccessible.

That is very much what Googles approach has been. Theyve known for several years that a device could be assembled into something of this scale, and it has really just been a matter of building it. It is important to note that there are many other ways to build quantum devices, and we do not yet know what form the useful quantum computers of the future will take.

It may be that these superconducting qubits continue to push the boundaries, but it also may be that there is some other technologymaybe yet to be discoveredthat will push it forward. That is whyit is so important to continue with basic research in this area. In the case of classical computers, ENIAC was completed in 1945, and the transistor was invented two years later.

Another difference between classical and quantum computing is that we do not have great ideas for what to do with machines like Googles. The last sentence of Googles paper essentially sums up the field: We are only one creative algorithm away from valuable near-term applications. They are acknowledging two things: That its not useful right now, and also theres a lot of uncertainty. Tomorrow, somebody could publish an algorithm that uses a device like this for something useful, and that would be a game changer.

View original post here:

Google's claims of quantum supremacy: Groundbreaking, overhyped, or both? - Penn: Office of University Communications

TOKYO -- Japan will aimto develop full-fledged quantum computers for a broadrange of uses by around 2039,Nikkei has learned, part of Tokyo's first strategy for catching upwith the U.S. and China in the race to achieve ultrafast processing.

Industry, academia and government are expected to join forces on the effort, which promises to yield innovations in fields like manufacturing and financial services.

The proposed road map, to be discussed at an expert panel meeting Wednesday,calls forbuilding at least five quantum innovation centers over the next five years.

China, the U.S. and some European countries are investing strategically in quantum technology at the national and corporate levels.

Google recently claimed a breakthrough in quantum computing, in which a processor using quantum bits, or qubits, solved a problem that existing computers cannot complete in a practical amount of time. Both Google and IBM have produced prototype quantum computers with processors in the range of 50 qubits.

Under the government road map, Japan will aim to produce a 100-qubit machine in about 10 years, followed by a more powerful, full-fledged quantum computer by around 2039.

Japan sees quantum computing as a priority area for research and development alongside artificial intelligence and biotechnology.

The road map also covers related areas such as sensors, communications and encryption, as well as materials. With quantum computing expected to transformfields like telecommunications, drug manufacturing, finance and logistics, Japan aims to applythe technology to the country's existing strengths such as the development of materials.

The government will seek about 30 billion yen ($276 million) in funding forquantum research for the budget year beginning April 2020,roughly double the year-earlier request.The technology also will be one focus of a "moonshot" R&D program in which the government will invest a total of 100 billion yen.

The rest is here:

Japan plots 20-year race to quantum computers, chasing US and China - Nikkei Asian Review

Communique Laboratory Inc. launched its quantum hackathon tackling the threat of quantum computing. Cybersecurity companies, computer science students and hackers have begun challenging the Companys quantum-safe encryption in a $100,000 hackathon.

The Company hosted an innovation celebration event with technology presentations from industry experts in artificial intelligence and cybersecurity. Andrew Cheung, 01 Communiques CEO, was one of the presenters addressing business people, students, and hackers on the threat quantum computers present with respect to keeping your data safe. He revealed the purpose behind the hackathon and why he is confident enough to offer a $100,000 prize.

Andrew Cheung enthusiastically described the hackathon challenge, Our hackathon will show the world that our encryption is rock-solid. We are the only Canadian company and the first post-quantum encryption to offer a prize of $100,000. We have invested over three years in developing our IronCAP technology with a development team that has combined 50 years of experience in code-based encryption. We are very confident that our technology will withstand any attempt by any participant to crack the code in our hackathon.

The Company expects contestants from around the world to challenge its quantum-safe encryption. The hackathon is available online globally. Anyone to who has a Google or Facebook account can sign up to participate. Contestants will be given 30 days to crack IronCAPs code. A cash prize of $100,000 will be awarded to the first person (if there is any) who is able to break the encryption. A paper describing the method used to crack the encryption is required to be submitted by the participant.

Innovative people working in tech along with researchers, computer scientists, students, and hackers are encouraged to sign up for the hackathon. The contest closes on December 12, 2019. Results will be announced on or about December 16, 2019.

Continued here:

Threat of quantum computing hackathon to award $100,000 - App Developer Magazine