When Quantum Information Technologies Meet Blockchain in Web 3.0
- URL: http://arxiv.org/abs/2211.15941v1
- Date: Tue, 29 Nov 2022 05:38:42 GMT
- Title: When Quantum Information Technologies Meet Blockchain in Web 3.0
- Authors: Minrui Xu, Xiaoxu Ren, Dusit Niyato, Jiawen Kang, Chao Qiu, Zehui
Xiong, Xiaofei Wang, and Victor C. M. Leung
- Abstract summary: We introduce a quantum blockchain-driven Web 3.0 framework that provides information-theoretic security for decentralized data transferring and payment transactions.
We discuss the potential applications and challenges of implementing quantum blockchain in Web 3.0.
- Score: 86.91054991998273
- License: http://creativecommons.org/licenses/by/4.0/
- Abstract: With the drive to create a decentralized digital economy, Web 3.0 has become
a cornerstone of digital transformation, developed on the basis of
computing-force networking, distributed data storage, and blockchain. With the
rapid realization of quantum devices, Web 3.0 is being developed in parallel
with the deployment of quantum cloud computing and quantum Internet. In this
regard, quantum computing first disrupts the original cryptographic systems
that protect data security while reshaping modern cryptography with the
advantages of quantum computing and communication. Therefore, in this paper, we
introduce a quantum blockchain-driven Web 3.0 framework that provides
information-theoretic security for decentralized data transferring and payment
transactions. First, we present the framework of quantum blockchain-driven Web
3.0 with future-proof security during the transmission of data and transaction
information. Next, we discuss the potential applications and challenges of
implementing quantum blockchain in Web 3.0. Finally, we describe a use case for
quantum non-fungible tokens (NFTs) and propose a quantum deep learning-based
optimal auction for NFT trading to maximize the achievable revenue for
sufficient liquidity in Web 3.0. In this way, the proposed framework can
achieve proven security and sustainability for the next-generation
decentralized digital society.
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