Qilimanjaro ICO (QBIT Token): Quantum Computing Service?
Qilimanjaro is a platform that enables its users to explore the power of quantum computing in an easy and practical way. It aims at creating an ecosystem of a decentralized quantum computation to everyone, both for individuals and corporations without necessarily having to own a quantum computer.
It also aims at building a quantum-computing platform that will be available to most of its users thus providing them with the access to quantum computing concepts that are not costly. Qilimanjaro uses tokens known as QBITs, which are ERC20-compliant. Users of the QBIT have the following advantages:
- They will be able to receive assistance in translating real world problems to the logic of quantum algorithm
- They will also be able to run algorithms on a coherent quantum annealing machine
- Tokens will allow corporations or individuals to be able to solve complex real-life problems, both at the level of quantum software and quantum devices.
- For quantum algorithms, developers whose algorithms will be added into the platform, they will receive incentives after they are proved effective by Qilimanjaro’s team.
A total quantity of 300 million QBIT tokens will be available on offer during the Initial Coin Offering.
The Qilimanjaro ecosystem is composed of:
Qilimanjaro Computing Service: This is the quantum computer and it provides access through to everyone through a user-friendly cloud platform.
Qilimanjaro Software Services (QSS): It offers consultation services to individuals or companies. It also assists users in moving their problems to quantum logic and algorithms that runs on quantum machines. The QSS optimizes the quantum algorithms to any existing quantum hardware. It is used in the running and analyzing experiments on the quantum computer.
Open QL: This is a Universal Quantum Open Source Language, which is able to work over any quantum-programming environment. Besides, the key tool is used in boosting the progress of quantum technologies.
Qilimanjaro Platform: This Open Quantum Community creates an ecosystem for decentralized quantum computation. It is the meeting point for scientific community and developers, where developers can research and explore new and existing quantum algorithms
Quantum Computing Applications
Quantum computing could be applied in the real world in the following ways:
Finance: Quantum computing can isolate risk factors in finance. This works through the use quantum annealers, which solve problems in finance and thus allowing finding of new ways to perform financial data modeling.
Quantum chemistry: Quantum computing can be used in chemistry to help in better understanding of molecules. It could help in the designing of new drugs, fertilizers and gases for capturing atmospheric carbon.
Training of neural networks: An advantage may be obtained by using a quantum processor to train a neural network of a certain size, making it learn from its mistakes and self-correcting more quickly and efficiently.
Optimization problems: Through the use to quantum algorithms, coming up with solutions to problems has been made easier as it studies all the possible solutions to a problem at the same time and presents the solution in shorter amount of time.
Cryptography and security: Sometimes quantum computers might put at risk cryptographic algorithms such as RSA, DSA and EEC. To ensure that security is improved and such attacks are prevented, quantum cryptography is used.