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Design of an Exchange Protocol for the Quantum Blockchain

Author

Listed:
  • Alexandru-Gabriel Tudorache

    (Department of Computer Science and Engineering, “Gheorghe Asachi” Technical University of Iasi, D. Mangeron Street, nr. 27A, 700050 Iasi, Romania)

Abstract

This paper explores the idea of a quantum exchange protocol between two entities, validated by (at least) a third one. Two entities, part of a greater system, decide they want to trade quantum goods: their exchange is configurable, and allows them to select the type of good, from a selected preset, and the desired quantity, up to a maximum value (one of the quantum goods can be interpreted as quantum money/a form of quantum currency). Certain qubits should also be used as a way of storing the details of the transfer, after it has been validated (acting in a similar way to a quantum ledger). The quantum circuits of the proposed design are implemented using the Python programming language with the help of Qiskit, IBM’s open-source quantum framework.

Suggested Citation

  • Alexandru-Gabriel Tudorache, 2022. "Design of an Exchange Protocol for the Quantum Blockchain," Mathematics, MDPI, vol. 10(21), pages 1-14, October.
  • Handle: RePEc:gam:jmathe:v:10:y:2022:i:21:p:3986-:d:954773
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    References listed on IDEAS

    as
    1. Del Rajan & Matt Visser, 2018. "Quantum Blockchain using entanglement in time," Papers 1804.05979, arXiv.org, revised Apr 2019.
    2. Alexandru-Gabriel Tudorache & Vasile Manta & Simona Caraiman, 2022. "Quantum Steganography Based on the B92 Quantum Protocol," Mathematics, MDPI, vol. 10(16), pages 1-13, August.
    Full references (including those not matched with items on IDEAS)

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