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Imagine having a super computer in your pocket.
Well, we may not be too far away!
This is because this week Dynex, leader in Quantum-as-a-service technology, has announced its 10-year roadmap, unveiled the company's transition from emulated quantum computing to silicon quantum chips, paving the way for a new, smarter, safer future.
We managed to catch up with the company's co-founder, Daniela Herrmann, at the Future Blockchain Summit in Dubai.
Dynex's strategy positions it at the forefront of the quantum industry, aiming to capture a 25% quantum computing market share by 2034. It has also kicked off a $50 million venture capital round to fuel its growth, targeting strategic top-tier industry players and leading venture capitalists.
From its proprietary DynexSolve algorithm — which has delivered efficient, decentralized quantum computations using GPUs — Dynex is now also making a pioneering leap into Silicon Quantum Chips, which will redefine the dynamics of quantum computing performance and reshape the competitive surroundings across all industries where Dynex will take on a leading role.
So, it's been an exciting time for Dynex. There were some new announcements made this week. Tell us more?
Daniela: Let's first explain what quantum computing is. Imagine flipping a coin, right? If you flip a coin, it's like 0 and 1, heads and tails. We've been computing on binary (0 and 1).
Now, we're entering a mega-cycle where 0 and 1 can exist simultaneously and everything in between.
Quantum is this minuscule element contributing to everything — like an orchestra with musicians creating music in harmony, or sometimes, not. That's the quantum space. And we're offering Quantum-as-a-Service, bringing it to market earlier than expected. It's about making it accessible to everyone because innovation is a human right.
And with the new silicon developments?
This week, we announced a new silicon chip. This chip will help overcome current physical limits and operate in real-time. So, it's a big step forward from our digital twin technology, which already solves real-world problems at scale. With the new chip, we’ll go beyond our current offerings.
We’re also deeply committed to ethical integrity. The chip will not be sold independently to avoid misuse. Instead, it will be part of our Quantum as a Service offering.
Can you expand on the integrity aspect of Dynex's work?
Absolutely. When we talk about ethical integrity, it's about ensuring that our technology, especially the new silicon chip, is used responsibly and doesn't end up in the wrong hands. We're committed to building our quantum computing solutions on a foundation of ethical principles.
Access for All: We believe that innovation should be a human right and not reserved for a select few. Our goal is to make quantum computing accessible to everyone, much like how personal computers became household items.
Preventing Misuse: By not selling the chip independently, we aim to prevent it from being misused. We're exploring ways to ensure the chip can shut itself down if used maliciously.
Responsibility and Awareness: We emphasize the importance of aligning our team with ethical practices. We train our employees to be aware of the responsibilities that come with handling cutting-edge technology.
Philosophical Perspective: Ethics isn't just a set of rules; it has a philosophical background. We're committed to integrating this perspective into our operations, ensuring a balanced and responsible approach to innovation.
By embedding these principles into our operations, we aim to set a standard for ethical integrity in the quantum computing industry.
Tell us about the 10-year plan?
Our plan includes developing a quantum computer prototype by 2025 and handling millions of qubits in real-time by 2034. We’re bringing strategic investors on board to support this growth. We're setting the stage for a quantum revolution.
Is this the beginning of something bigger?
Definitely. We're aiming for a significant market share in the quantum space. With our ethical approach and innovative technology, we believe we’re well-positioned to lead this new mega-cycle.
All of this is currently self-funded, including our fintech. We’re now ready to invite strategic investors to support the next growth phase, especially with chip production. This will also help the utility token we presented with a new economic model, aiming to sustain value for investors over the long term.
We're starting a mega-cycle similar to when Steve Jobs made personal computers accessible to everyone. We aim for a significant market share in the quantum market. With our ethical approach and innovative technology, we're envisioning a leading role in this new era.