With the recent steps forward in moving closer to the possibilities of quantum computing, companies are racing to see who can be the main innovators in quantum computation. Quantum computers are highly powerful machines that process information by exploiting quantum mechanics to solve equations unbelievably faster than a conventional computer can. Many companies like Google, IBM, Microsoft, and tech companies in China are spending billions in quantum computing research and development.
While blockchain fever has taken a strong hold on the tech community, the introduction of quantum super computers and services is the next logical step in technology's innovational roadmap.
Qilimanjaro's goal is to make quantum computing available to every company and individual with out making users pay the serious price thats attached to a quantum computer. Customers will be able to access the benefits of the computational power of a quantum computer through a cloud platform at an affordable cost. The team behind Qilimanjaro is made up of quantum computer scientists, professors, and software developers who have been in quantum development and other tech fields for over 10 years.
The project's initial goals are to create a cloud-accessible quantum computer and to provide a translation software service for adapting classical problems into quantum algorithms, and to create a community of users where users will be rewarded for contributing to the overall current quantum ecosystem.
The Qilimanjaro team are also working on developing a universal open source quantum computation language called, Qibo, that can be easily adaptable by the quantum computing community. Each member of the team is active in the quantum technology communities and committed long-term to the advancement of quantum computing in our daily lives.
The roadmap for Qilimanjaro is a 5 year journey which will continue to improve, drive, and benefit from the fast advancing developments in quantum computing technology. The company plans to be on the forefront of early adapters when it comes to commercializing quantum technology. Their Whitepaper is highly detailed on what products will be built and details on how Qilimanjaro will fit into and help build the newly emerging quantum computing ecosystem.
Qilimanjaro's goals and use of funds will be spent with these objectives in mind:
• Completing the construction of a full-size coherent quantum annealer (as we all as 2 other prototypes)
• Develop a widely used opened quantum language
• Stimulate research on quantum algorithms
• Improve the actual quantum computing ecosystem
• Make quantum computers accessible
• Create a quantum resistant cryptographic token
What are QBITs
QBITs are ERC-20 tokens which will be used on the Qilimanjaro platform to obtain services, ask for assistance in translating real-world problems to quantum algorithm, or to reward parties who help contribute to the Qilimanjaro ecosystem. Tokens will allow companies and individuals to explore quantum computation and solve complex real-life problems, both at the level of quantum software and at the level of quantum devices. QBITs will have many benefits on the Qilimanjaro ecosystem as well as value as a cryptocurrency in the trade markets.
QBITs will also contain quantum resistant cryptography as blockchain technology may be rendered unsecure in the future when quantum computers become more the norm.
The sale of QBITs will be held in 3 phases. Private Pre-sale, which is currently ongoing, Public Pre-sale and Crowdsale. The accepted currency for the ICO is ETH. If the token sale campaign does not reach its minimal softcap goal of EUR 8.000.000, all funds will be returned automatically to the QBIT holders by the Ethereum smart contract. Tokens that are not sold during the crowdsale will be burned automatically by the smart contract.
The remainder of the tokens not in the token sale will be allocated towards company reserve, growth and development incentives, partnerships, founders and advisors, and ICO expenses. The funds received in the Qilimanjaro Token Sale will be held in a secure multi-signature wallet and be used for quantum computer R&D, quantum software service and OpenQ, marketing, and legal costs.
Read QILIMANJARO's Whitepaper to learn more about the company and their upcoming ICO.
Visit QILIMANJARO's Official Website Qilimanjaro.io
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