Quantum Technology Applications for Business: Revolutionizing Healthcare and Communication

2023-04-21 10:24:00

McKinsey & Company, a leading global consulting firm was stated in the research paper “McKinsey Technology Trends Outlook 2022” that quantum technology is one of the technologies that the world must keep an eye on

Because it is a technology that can be further developed and created for a wide variety of applications. To the extent that this article would like to call “So much that I might be dizzy”

Therefore, in this article, the author intends to present an application.quantum technology focused on business perspectives (Not focusing on the technical aspect of this technology) that many people may not have known before. And can play an important role in creating a disruption (Disrupt) to various businesses in the world, joining many businesses in Thailand.

Especially the application of quantum technology in today’s world where the population structure has changed into an aging society in many countries as well.

(Quantum technology relies on the unique property of working with small objects. like atoms and tiny particles that can be used to create various amazing inventions)

  • Quantum technology and the prevention of diseases in advance in an aging society

Nowadays, technology is important to enhance the quality of life of the elderly. and probably not less good If only we could know or predict what risk we were “being” facing in “seconds” (or even in the early days).

That starts with something wrong with our body before the disease or disorder occurs instead of knowing (when it’s usually too late)

When abnormalities in those bodies begin to cause us to have symptoms or have “Symptoms” which are now widely accepted around the world as disease prevention (or Preventive Approach)

Better than following the disease later (or Curative Approach), both in the corner that the patient will have more chances of recovering from the disease. And in terms of costs that may vary enormously.

Quantum (Quantum) Technology: Great Innovation that the Eye Can't See

In addition, in an era where our world will have more than 2 billion seniors worldwide by the year 2050, the ability to know that older people Or those who are about to age, those who “are” what disease will be in the early stages, will be able to revolutionize or disrupt medical circles around the world more easily.

Many people may not know that. Quantum technology can play a key role in letting us know our bodies are facing Or approaching the risk of getting a disease, or simply, what disease are we “going” to in the early stages of that disease?

One of the applications of quantum technology is called “Quantum Sensing” (Quantum Sensing) This is a technology that relies on knowledge and understanding of the properties of tiny particles to revolutionize traditional sensors.

Quantum Sensing relies on detecting changes at the “atomic” level to increase the resolution and accuracy of measurements. Therefore, if comparing the traditional physical examination with the quantum-sensing method The traditional physical examination is similar to with people with poor eyesight, short-sightedness

When short-sighted, you will see blurry images with less detail. Unclear and not very certain. than to see that there is something wrong that has happened It would have to be a very large anomaly (that is, really anomaly) to be seen, which is often too late to correct.

But on the other hand, quantum sensing physical examination. will be able to see changes or irregularities at the atomic level This means having the ability to detect abnormalities early in the disease.

At present, quantum sensing technology has been widely studied and researched. Especially in the world’s leading universities or research centers.

For example, the Institute for Quantum Computing at the University of Waterloo in Canada. It is one of the world’s leading institutions for quantum mechanics research.

There is a study project related to making equipment. that detects eye abnormalities that cause macular degeneration That causes many elderly people to lose their sight. because it cannot be detected and treated in a timely manner

(It is estimated that worldwide, there will be more than 190 million people suffering from macular degeneration in 2020, and this number will increase even more with the aging society.)

Another interesting example is researchers from the University of Sussex in England. has studied the use of quantum-sensing technology and developedA device capable of measuring brain waves with high resolution.

The device can detect brain abnormalities that are early signs of Alzheimer’s disease and Parkinson’s disease.

Quantum (Quantum) Technology: Great Innovation that the Eye Can't See

  • Quantum technology revolutionizes the communication world.

Another application of quantum technology that many people may not know. But it is an application that has the opportunity to disrupt many businesses in the world, namely Quantum Communication

At the heart of quantum communication is The use of quantum knowledge has resulted in extremely secure communications. “Superposition” or “quantum superposition”

that can make small particles (that we will use to send information or it may be sending the key that will be needed to open the data) is in a “special” state.

The special thing is that if there is someone who doesn’t have good intentions to “sneak” or “hack (Hack)” the information that used to be in this special state (Superposition state), this special will disappear immediately. and inevitably left traces of being peeked at

Many people said that in the future “Information will be worth more than oil or even more than gold.” If we believe in this saying In the future, information security will be valued. And it’s hugely important as well.

Every day, we are all involved with information that needs to be transmitted in many forms, whether it is financial transaction data. Shopping information is shared throughe-commerce

data from CCTV webcam meeting information Identity verification information with government agencies or even the transmission of confidential information of the organization

In addition, in the future, we are all likely to be more concerned with information that requires more security in its transmission, whether it is information from the Internet of Things (Internet of Things) that we all have. More and more devices connect to and transmit data over the internet.

including usage Cloud Computing or the use of processing services through the network, both at the personal and organizational levels, which are likely to increase considerably.

Therefore, all kinds of businesses related to information (Which may mean all types of businesses) can be disrupted (Disrupt) from quantum communication technology. To be able to secure data transmission in new and better ways.

in short quantum technologyIt is an important innovation that can disrupt and create change in various industries. by taking advantage of the principles of quantum mechanics

For example, it has the potential to revolutionize healthcare through detection.Quantum This enables early detection of the disease and results in early prevention. especially in an aging society

In addition, theapplication of quantum technologyin communication can lead to a system with exceptionally high security It underscores the growing importance of data security.

As quantum technology continues to be researched and developed, The far-reaching impact of such research and development has the potential to shape a better, more productive future for all.

Therefore, quantum (Quantum) technology is a great innovation that many people will begin to see (benefit) more.

refer
Sanchez, Angelica (2023, March 29).  Using quantum technologies to make precise early-stage diagnosis. Waterloo News. https://uwaterloo.ca/news/university-relations/using-quantum-technologies-make-precise-early-stage
University of Sussex. “Quantum brain sensors could be crucial in spotting dementia after scientists find they can track brain waves.” ScienceDaily. ScienceDaily, 18 November 2021. .
Wong WL, Su X, Li X, Cheung CM, Klein R, Cheng CY, Wong TY. Global prevalence of age-related macular degeneration and disease burden projection for 2020 and 2040: a systematic review and meta-analysis. Lancet Glob Health. 2014 Feb;2(2):e106-16. doi: 10.1016/S2214-109X(13)70145-1. Epub 2014 Jan 3. PMID: 25104651.

This article was written by

  • Asst. Prof. Dr. Piyachart Piromsawat, Head of Research Unit in Finance and Sustainability in Disruption Era, Sasin Graduate Institute of Business Administration of Chulalongkorn University
  • Asst. Prof. Dr. Pattarek Sornchot, Assistant Director Budgeting, Accounting and Finance, Branch Head and Lecturer in Finance Sasin Graduate Institute of Business Administration of Chulalongkorn University
  • Prof. Dr. Kua Wongboonsin, Independent Scholar Former Lecturer, College of Population Studies, Chulalongkorn University and Sasin Graduate Institute of Business Administration of Chulalongkorn University, former Vice President Chulalongkorn University
  • Assoc. Prof. Dr. Phatthanaporn Chatchutamas, Head of the Research Center Corporate Governance and Behavioral Finance and lecturer in the field of finance Sasin Graduate Institute of Business Administration of Chulalongkorn University
  • Ms. Nattaporn Laphithananuwat (Research Assistant)

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