2023
DOI: 10.3390/businesses3040036
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Business Renaissance: Opportunities and Challenges at the Dawn of the Quantum Computing Era

Meng-Leong How,
Sin-Mei Cheah

Abstract: Quantum computing is emerging as a groundbreaking force, promising to redefine the boundaries of technology and business. This paper provides an in-depth examination of the quantum realm, beginning with its fundamental principles and extending to its implications for today’s industries. We discuss how quantum algorithms threaten existing cryptographic measures while also uncovering vast opportunities in sectors like finance, healthcare, and logistics. The narrative then shifts to the evolution of new business … Show more

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Cited by 23 publications
(5 citation statements)
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“…+ As quantum computing technology continues to advance, researchers can explore the application of quantum algorithms to optimize trading strategies and enhance the efficiency of SPF models. [103][104][105][106]…”
Section: Future Directionsmentioning
confidence: 99%
“…+ As quantum computing technology continues to advance, researchers can explore the application of quantum algorithms to optimize trading strategies and enhance the efficiency of SPF models. [103][104][105][106]…”
Section: Future Directionsmentioning
confidence: 99%
“…By forming secure and tamper-proof network activities, blockchain can be important in tracking potential hazards increasing transparency and accountability in cybersecurity operations. Moreover, a tremendous passion for quantum-resistant algorithms formation is a must for dealing with future issues caused by quantum computing How & Cheah (2023). With the accelerating development of quantum computing, the existing cryptographic methods may no longer be secure, as hackers might use quantum technology to attack the system.…”
Section: Opportunities For Improvementmentioning
confidence: 99%
“…The digital world is characterized by constant innovation and disruption. Leaders must grapple with the challenge of staying abreast of emerging technologies while ensuring that their teams possess the necessary skills to harness these tools effectively (How & Cheah, 2023). To overcome this, leaders should foster a culture of continuous learning within their organizations.…”
Section: Overcoming Challengesmentioning
confidence: 99%