Quantum Technology – a leap of growth if well-executed

Quantum is related to the physio-chemical relativity of subatomic particles, such as photons, neutrons, electrons, and protons. Quantum technology comprises multiple aspects compiled together as one. As a result, one is entitled to expect benefits such as speed and an increase in computing power, along with many other advancements, which can be incorporated in multiple sectors, ranging from healthcare to defense, communications to transport, and finance to energy.

With great power comes more significant concerns. Based on the fact that computing or processing of instructions is a thermogenic transaction, which demands temperature control for efficient performance. While integrating the same with quantum tech, a specific workaround is implemented. Thus, a concept called cold-atom Quantum technology prevails. The said methodology is achieved by cooling the particles to an extremely low temperature, as low as absolute zero(equivalent to -273.15*C). After which they are stored in a vacuum environment and contained, which are operated by lasers.

Though the fragments of Quantum were reported back in the early 20’s, the total application of the same has not been achieved yet. Despite this, multiple organizations are working on the applications of Quantum technology and have deployed a framework by acquiring a workforce for the same. Based on recent reports, the National Security Agency of Australia(CISRO), estimated that Australia’s Quantum Technology industry may create vacancies of web 19,000 with a probability of $6 Billion as annual revenue by 2045.