Quantum Simulation Breaks Barriers: Researchers at BBVA Achieve Distributed Quantum Simulation Using Classical Computers

While a 100% functional quantum computer is not yet available, advancements in computing based on quantum physics are being made. The potential of this type of computing is immense, with the ability to unravel microbial dark matter, discover new medicinal molecules, analyze genomes, and optimize complex processes in various industries.

Researchers at BBVA have achieved a distributed quantum simulation using classical servers and open-source programming, making it accessible to institutions without the need for specialized quantum hardware. This simulation has unique properties such as superposition, teleportation, superconductivity, and topological order that can revolutionize computing.

Despite the challenges of coherence time and noise, this distributed quantum simulation allows for the execution of quantum algorithms on classical computers. It has numerous applications ranging from portfolio optimization to drug discovery and materials research. Unlike traditional quantum computers, it does not require a supercomputer or quantum devices, making it cost-effective and scalable. Results can be monitored in real-time, and the algorithm can run for extended periods without constraints.

This research aligns with efforts by other companies like Fujitsu to accelerate the practical application of quantum computing. By achieving faster processing speeds and minimizing precision loss, these advancements pave the way for real-world quantum computing solutions in various industries. The collaboration between academia, industry, and public institutions will be crucial in harnessing the power of quantum computing for diverse applications.