A brief introduction to the QFS (Quantum Financial System) and its supporting Quantum Computer.
Naturally the concept of a system holding the accounts of the world’s population is awesome and raises a number of practical questions and concerns that will only be addressed when we experience the system in real time. Obviously the QFS is totally reliant on the Quantum Computer to process transactions between accounts and we are yet to hear of any performance statistics, so we quote the following which we expect the Quantum Computer to leave in the starting blocks, figuratively speaking.
China has had the fasted supercomputer in the world for a number of years but the USA have just unveiled their new supercomputer named ‘Summit’. Summit is located at the Oak Ridge National Laboratory in Tennessee and now holds the world record of 200 Quadrillion (200,000,000,000,000,000) calculations per second.
With the current World population of 7.6 Billion as at May 2018, source Wikipedia, one could hypothesize that Summit could perform 26,315,789.5 calculations for each of us PER SECOND so the capability of QFS supported by Summit even could run the new financial structure, and the technology is available now. It has been obvious for a number of years that we need a change and to be brought up to speed in a new largely digital financial environment.
Let us embrace it, not fear it, because we are told it will be brought into play without impinging excessively on our current way of doing things and because so much planning has gone into bringing us to this point.