Feb 14, 2017

K-Chains – Blockchain Protocols Based On Quantum Mechanics

Posted by in categories: bitcoin, economics, internet, quantum physics

Not shocking to see; wonder how long this fact finally came out; as when you review much of the research and application of blockchaining that it is not hard to figure out that as more and more QC goes online; we would need a way to bridge block chaining environments to QC.

Quantum mechanics have ignited a transformational change in the way we envision the world and utilize technology. Economics is one of the prominent fields throughout which Quantum mechanics can be deployed. Quantum mechanics can be utilized to create a novel class of blockchains. A new paper has just been published exploring the possibilities of building blockchains on the basis of Quantum mechanics. It discusses how Quantum mechanics can be ideally deployed to build a new class of blockchains.

Quantum based blockchains, known as K-Chains, have a group of advantages over classical blockchains including communication of transactions at a Faster-Than-Light (FTL) speed, unlimited capacity of the network and an innovative offline blockchain that needn’t be connected to the internet for transactions to be executed. Extrapolation of these possibilities can lead to the creation of Quantum Turing Machines that rely on the Quantum Blockchain (K-Chain) technology. Real time data and communication protocols that span across distances of “light years” will be possible.


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