IIT Madras Director V Kamakoti announced that hardware for quantum computing technology is expected to be ready in four to five years. Speaking at the inauguration of the 16th International Conference on Quantum Communication, Measurement & Computing (QCMC 2024) at the IIT-M campus, Kamakoti emphasized that quantum computers will represent the next generation of computing, offering more reliable and accurate information compared to traditional binary-based computers.
He explained that while classical computers use binary digits (0 and 1), quantum computers can handle commands between 0 and 1, significantly enhancing computing speed and efficiency. He noted that developing quantum computing hardware is challenging due to the complex electronics involved, often made from diamonds.
Kamakoti also highlighted the potential of quantum computing to revolutionize security in financial transactions, making it harder for quantum-secured systems to be breached. Mete Atature from the University of Cambridge and Ajai Chowdhury from the National Quantum Mission were also in attendance.