IBM to Present First Commercial Quantum Computer

Some said it does not have enough power for many commercial purposes
10 January 2019   368

Technology giant IBM unveiled the first Q system one quantum computer for commercial use with a 20-qubit system. The invention can be used both for research purposes and for the operation of business applications.

Despite the fact that IBM claims that the invention is the first universal system for quantum computing, it does not have enough power for many commercial purposes, TechCrunch reports. IBM added that this is only the first attempt to create a system for solving complex problems and that it is upgradeable.

In addition, the company has built efficient cooling systems for such massive hardware.

The IBM Q System One is a major step forward in the commercialization of quantum computing. This new system is critical in expanding quantum computing beyond the walls of the research lab as we work to develop practical quantum applications for business and science.

Arvind Krishna

Senior vice president, Hybrid Cloud and director, IBM Research

It is noteworthy that the Map Project Office and the Universal Design Studio, as well as the Goppion company that developed glass caps for the precious regalia of the British royal family and the protective display for the Da Vinci Mona Lisa painting, worked on the design of the invention.


Digital Asset to Open DAML Source Code

DAML is programming language designed to create smart contacts
05 April 2019   243

Digital Asset opened source code of DAML programming language, designed to create smart contacts. SDK is available too, both under Apache 2.0 license.

As reported, DAML is based on Haskell; it's a functional programming language that has many Haskell characteristics, for example, strong typing. It allows developers to focus not on the complexities of the blockchain technology, but on the logic of the applications. This significantly reduces the time to market new products.

There are multiple blockchain platforms, each designed for different needs. DAML is the most suitable language to rapidly write secure distributed applications regardless of the platform. By open sourcing DAML, our goal is to enable rapid innovation across the industry by allowing users to focus on developing value for their business and leveraging a variety of deployment options.

Shaul Kfir 

Co-founder and Chief Technology Officer, Digital Asset

ABN AMRO, Accenture, Australian Securities Exchange (ASX), BNP Paribas, Broadridge Financial Solutions, Calastone, Change Healthcare, The Depository Trust & Clearing Corporation (DTCC), Forms Syntron, GFT, Hashed took part in the SDK beta testing Health, Hong Kong Exchanges and Clearing (HKEX), Industrie & Co, IntellectEU, MV37, Nomura Research Institute Singapore Exchange and UBS.