Quantum computing is advancing rapidly, with companies like IBM, Google, and Honeywell making significant strides in 2024.
Unlike classical computers, which process information in binary (0s and 1s), quantum computers use qubits, which can exist in multiple states at once due to superposition.
This allows quantum computers to solve complex problems exponentially faster than their classical counterparts. While still in its early stages, the technology is now beginning to transition from theoretical research to practical applications.
In fields like cryptography, chemistry, and materials science, quantum computers are being used to solve problems that were previously thought to be impossible.
For instance, quantum algorithms can factor large numbers quickly, threatening traditional encryption methods, prompting a push towards developing quantum-resistant cryptography. In materials science, quantum simulations are helping researchers discover new materials and drugs. Although true commercial quantum computers are still years away, the groundwork being laid in 2024 is setting the stage for a major leap in computing power that could transform industries from finance to healthcare.