Two Quantum Computing Bills Are Coming to Congress

June 12th, 2018

Disclosure: I am long Quantum Resistant Ledger (QRL).

Via: Gizmodo:

Quantum computing has made it to the United States Congress. If this field of quantum information is the new space race, the US doesn’t want to fall behind.

After all, China has funded a National Laboratory for Quantum Information Sciences, set to open in 2020, and has launched a satellite meant to test long-distance quantum secure information.

Two new bills, one of which is still a draft, are meant to establish the US as a leader in the field.

“Quantum computing is the next technological frontier that will change the world, and we cannot afford to fall behind,” said Senator Kamala Harris (D-California) in a statement passed to Gizmodo. “We must act now to address the challenges we face in the development of this technology — our future depends on it.”

The bill introduced by Harris in the Senate focuses on defence, calling for the creation of a consortium of researchers selected by the Chief of Naval Research and the Director of the Army Research Laboratory. The consortium would award grants, assist with research, and facilitate partnerships between the members.

Another, yet-to-be-introduced bill, seen in draft form by Gizmodo, calls for a 10-year National Quantum Initiative Program to set goals and priorities for quantum computing in the US; invest in the technology; and partner with academia and industry.

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