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The latest update is out from D-Wave Quantum ( (QBTS) ).
On March 20, 2025, D-Wave Quantum Inc. announced the publication of a research paper introducing a novel blockchain architecture that leverages quantum computing techniques from its quantum supremacy demonstration. The architecture, featuring a ‘proof of quantum’ algorithm, aims to enhance blockchain security and efficiency by using quantum computation to generate and validate blockchain hashes. This development could significantly reduce the electricity required for blockchain operations, potentially lowering costs by up to a factor of 1,000. D-Wave successfully demonstrated this architecture across four cloud-based annealing quantum computers in Canada and the U.S., marking the first-ever instance of distributed quantum computing for blockchain. The company plans to continue developing this capability and work with partners to bring products based on this new architecture to market.
More about D-Wave Quantum
D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services. It is the world’s first commercial supplier of quantum computers and the only company building both annealing and gate-model quantum computers. D-Wave’s mission is to help customers realize the value of quantum computing today, offering systems with over 5,000 qubits available on-premises or via the cloud.
YTD Price Performance: 10.30%
Average Trading Volume: 84,561,440
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.58B
See more data about QBTS stock on TipRanks’ Stock Analysis page.