JPMorgan Says Quantum Experiment Generated Truly Random Numbers

JPMorgan Chase used a quantum computer from Honeywell's Quantinuum to generate and mathematically certify truly random numbers -- an advancement that could significantly enhance encryption, security, and financial applications. The breakthrough was validated with help from U.S. national laboratories and has been published in the journal Nature. From a report: Between May 2023 and May 2024, cryptographers at JPMorgan wrote an algorithm for a quantum computer to generate random numbers, which they ran on Quantinuum's machine. The US Department of Energy's supercomputers were then used to test whether the output was truly random. 'It's a breakthrough result,' project lead and Head of Global Technology Applied Research at JPMorgan, Marco Pistoia told Bloomberg in an interview. 'The next step will be to understand where we can apply it.'

Applications could ultimately include more energy-efficient cryptocurrency, online gambling, and any other activity hinging on complete randomness, such as deciding which precincts to audit in elections.

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