Author: GW Alger

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Scientists Just Made A Quantum Computing Breakthrough!!

As we advance as a species, there are a lot of things that once seemed impossible a century ago that are now a reality. It’s called evolving. For example, there was a time when most people believed the earth was flat. Then Eratosthenes came onto the scene and proved that the world is round.

At the time, it was groundbreaking. But today, quantum mechanics rules the roost. This school of physics deals with the physical realm on the scale of atoms and electrons; thus making many of the equations in classical mechanics useless. With that being said, let’s take a look at three of the most amazing quantum breakthroughs that are bringing liberation and freedom to the world of science today!

We kick things off with a team of Chinese scientists claiming to have constructed a quantum computer that has the ability to perform certain computations almost 100 trillion times faster than the world’s most advanced supercomputer

The breakthrough sheds light on quantum computational advantage—which is also famously known as quantum supremacy.But it’s become a hotly-contested tech race between Chinese researchers and some of the largest US tech corporations such as Amazon, Google, and Microsoft.

For example, Google announced in 2019 that it had constructed the first quantum computer that was able to perform a computation in under 200 seconds.

Another major quantum breakthrough is from Denmark; specifically from the University of Copenhagen.

The major advantage of light-based quantum computers is that the technology is already put in place for enhancements to be made. This includes increasing the number of qubits available to advance photonic chips that are used in the telecom industry.

And lastly, we move to none other than IBM. According to a groundbreaking study published in Physical Review Research, a group of University of Chicago Scientists has announced that they were able to turn IBM’s largest quantum computer into a quantum material itself.

They programmed the computer in such a manner that it was able to turn into a type of quantum material known as an exciton condensate; whose existence has only recently been proved. Such condensates have been identified for their potential in future technology; mainly because they conduct energy with almost zero loss.

Here at Futurity, we scour the globe for all the latest tech releases, news and info just so you don’t have to! Covering everything from cryptocurrency to robotics, small startups to multinational corporations like Tesla and Jeff Bezos to Elon Musk and everything in between!

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The Top Artificial Intelligence Companies To Watch In 2021 | Forbes

The Covid-19 pandemic was devastating for many industries, but it only accelerated the use of artificial intelligence across the U.S. economy. Amid the crisis, companies scrambled to create new services for remote workers and students, beef up online shopping and dining options, make customer call centers more efficient and speed development of important new drugs.

Even as applications of machine learning and perception platforms become commonplace, a thick layer of hype and fuzzy jargon clings to AI-enabled software.That makes it tough to identify the most compelling companies in the space—especially those finding new ways to use AI that create value by making humans more efficient, not redundant.

With this in mind, Forbes has partnered with venture firms Sequoia Capital and Meritech Capital to create our third annual AI 50, a list of private, promising North American companies that are using artificial intelligence in ways that are fundamental to their operations. To be considered, businesses must be privately-held and utilizing machine learning (where systems learn from data to improve on tasks), natural language processing (which enables programs to “understand” written or spoken language) or computer vision (which relates to how machines “see”). AI companies incubated at, largely funded through or acquired by large tech, manufacturing or industrial firms aren’t eligible for consideration.

Our list was compiled through a submission process open to any AI company in the U.S. and Canada. The application asked companies to provide details on their technology, business model, customers and financials like funding, valuation and revenue history (companies had the option to submit information confidentially, to encourage greater transparency). Forbes received several hundred entries, of which nearly 400 qualified for consideration. From there, our data partners applied an algorithm to identify 100 companies with the highest quantitative scores—and that also made diversity a priority. Next, a panel of expert AI judges evaluated the finalists to find the 50 most compelling companies (they were precluded from judging companies in which they have a vested interest).

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What Is Blockchain? | Crypto Case Studies

Most of us have heard of cryptocurrencies like Bitcoin, but do you know the underlying technology that makes Bitcoin what it is? Be it banking, investing, or cryptocurrency, this technology serves an important purpose in all of these industries. Yes, it is blockchain, the record-keeping technology behind the Bitcoin network.

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What is Decentralization?

The concept of centralization from the perspective of a 70 year old Chinese Dama – “Centralization is that the money you think belongs to you, is actually in somebody else’s pockets.”

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Sophia The Robot: Where Is She Now?

Have you been wondering where Sophia the Robot is? Well we’re here to let you know what she’s been up too the past few months! She has lots of cool new features and were excited to see what else she has in store for us in the future.

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What is a Blockchain? & How does Blockchain Technology Work? | Bitpanda Academy Lesson 3

Blockchain technology is essential for Bitcoin, but what is a Blockchain? And how does blockchain work? As a decentralised, tamper-proof database a blockchain has many applications – Bitcoin is only one of them. Watch the full video and by the end you will not only know what a blockchain is and how blockchains work, but also you will know more about what runs the blockchain and blockchains in combination with cryptocurrency. Basically, this is everything about blockchain explained in one video.

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What are Smart Contracts in Blockchain, Importance & How Smart Contracts Work

Whenever someone buys a house, begins a new job, or purchases a candy bar, a contract is created between the two (or more) parties involved in the exchange. This contract defines and records the terms of the transaction, denoting the required actions of each participant.

Alone, a standard contract has no power to enforce the terms that it defines. Instead, a legal or governmental third party oversees the execution of a standard contract, ensuring that each party faithfully carries out their end of the bargain. If the terms are violated, the transacting parties must rely on this intermediary to rectify the broken contract.

However, thanks to recent advancements in distributed ledger technology, lawyers or other intermediaries are no longer required to oversee contracts. Using smart contracts, people can, for the first time, execute and enforce contracts without involving middlemen.

This video will give you a brief introduction to smart contracts along with how they actually work, empowering you to understand their fundamental concepts and how smart contracts will change the world.

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