By many accounts, quantum computing (QC), which uses atomic “spin” instead of an electrical charge to represent its binary 1’s and 0’s, is evolving at an exponential rate. It would be a great boon for humanity if QC could ever become scalable. It will allow us to design better medicine, improve our crops, and build safer planes.

It is possible that the crypto industry could also reap benefits. Last week, for example, Bank of Canada-commissioned projects simulated cryptocurrency adoption within Canadian financial organizations using quantum computing.