Solve for the Blockchain Trilemma Using Quantum
Quantum Consensus
Tags: Singapore Management University, Singapore, Computing Technology
Quantum technologies enhance blockchain by addressing the trilemma of data size, speed, and security through a leaderless quantum consensus algorithm. This groundbreaking approach uses quantum computers and communication for scalable, fast, and secure consensus, revolutionizing data processing and cryptographic systems. It promises exponential scalability and parallel processing, optimizing consensus in distributed systems. Applications include decentralized solutions and secure data consensus in blockchains and beyond. This innovation supports blockchain growth with potential for reduced energy costs and environmental benefits.
IP Type or Form Factor: Process & Method; Software & Algorithm
TRL: Not specified
Industry or Tech Area: Quantum Computing & Communication; Blockchain
