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Have you ever heard of Quantum Computing? Usually you already turn away when you hear anything with “quantum” such as quantum physics?
Don’t do it now, I promise it will be rewarding!

For example, did you know that one quantum computer can have the same processing power as all computers in this world combined?
First of all, what is quantum computing?
Quantum Computing is a machine that performs calculations on a subatomic level. The two huge differences to classical computing are the following:

1) Two states vs infinite States:
Classic computing ultimately boils down to having two states that must be processed, 0(false) and 1(true).Quantum computing has three states and besides 0 and 1 it also has a superstate being both, 1 and 0, and it can take on infinite numbers between 0 and 1. Meaning we increase our basic computing power from processing only 0s and 1s to to process an infinite number between 0 and 1 enabling computing power that surpasses all our current imaginations.

2) Sequence vs Parallelcomputing: 
Traditional processors are increasing computing power every year, meaning that the states of 0s and 1s can change faster but computations are still performed in sequence, meaning one after each other. Quantum computers are able to perform calculations in parallel, increasing their capacities further.

Alright, we established now that Quantum computing is powerful; Now, where can it be used and what can it yield? Actually in any scenario in which one state is depending on high number of factors.

2 examples:
Artificial Intelligence

As Artificial Intelligence is not magic but simply math and statistics, it requires massive amounts of computing power. The algorithms have been existing since the 50’s but now quantum computing will provide the computing power to now make use of the full potential of this technology. For instance, Stock market predictions will be more accurate than ever before as all possible scenarios can be mathematically considered.

Traffic jams 
As urban traffic jams have an enormous number of factors underlying each of them, for most contemporary intelligent agents (AI’s), all scenarios cannot be considered as we are limited in our computing power, even though the Graphical Processing Unit (GPU) of Nvidia graphic cards did achieve new performance heights. With quantum computing, all scenarios may be considered and traffic jams could be predicted 45 minutes before they are even created.

Now, how soon will they arrive?

Maybe sooner than you think. By the end of this year, Google plans to announce the world’s first 49qbit chip and Intel and IBM are both heavily investing in this field. The war for the first commercial quantum computing chip is on.

I believe that it could result in a new computing evolution. What is your opinion about this?

Let me know in the comments.

References:

https://futurism.com/quantum-computing-change-sooner-than-expect/ Accessed 14th October 2017

http://www.wired.co.uk/article/quantum-computing-explained / Accessed 14th October 2017

http://www.research.ibm.com/ibm-q/learn/what-is-quantum-computing/ Accessed 14th October 2017

http://whatis.techtarget.com/definition/quantum-computing /Accessed 14th October 2017

https://www.newscientist.com/article/2138373-google-on-track-for-quantum-computer-breakthrough-by-end-of-2017/      /Accessed 14th October 2017

 

 

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Are you tired of relentlessly searching for a room? What are the solutions contemporary times present us with?

Rotterdam is a growing city, and home to a globally known university as well as many big multinationals. In this blogpost we will be analyzing how platforms have disrupted the housing market and explain the main concepts of platforms using Housing Anywhere as an example.

Housing Anywhere is a housing platform where people can rent out rooms to students. It started as a platform where outgoing exchange students rent out their rooms when they go abroad. Incoming exchange students can rent these rooms. Nowadays, it is a global platform where demand & supply of rooms for international students balance out. What Housing Anywhere did was that they eliminated real estate agent as intermediary. There is no more need for a real estate agent, just visit housinganywhere.com and get direct access to the objects offered in the city of your interest.

The implementation of Housing Anywhere as a platform created a two-sided market, in this case tenants on one side and landlords on the other side. Furthermore, the platform entailed a positive cross-sided network effect. This means that if one side increases or improves the other side will do the same. Applied to Housing Anywhere: the more houses will be posted on the platform the more attractive the website will become for possible tenants. This increases the platform’s attractiveness for landlords to keep posting their available objects. The market being two-sided makes pricing the platform complicated. One is consider the effect pricing will have on both sides.

Usually, there is a division in pricing: one side is the money side the other side the subsidy side. The money side pays for the privileges of getting access to the platforms network, whereas the subsidy side’s main goal is to attract more users and grow the network size. Housing Anywhere’s platform structure is a multi-homing structure, meaning students use many other platforms to look for housing and landlords post on multiple platforms as well.

 The most important technologies and their implications are found below:

–          Virtual Reality together with Drone technology will completely change home viewings. It will now be able to view a place inside and out without you actually being there.

–          Augmented Reality will bring blueprints to life, giving project owners the chance to get a glimpse at how their home will look way before it actually built.

–          Beacon technology will make it possible for sellers and landlords to send real-time location notifications to interested people in the area

–          Predictive analytics will enable sellers to send out ads to clients without them knowing they want or need the house.

–          With the rise of 3D-printing prices of newly built houses will go down. Furthermore, mass customization of houses will be made more possible.

 

Watch our video for further insight!

 

Will you make use of these technologies for your rental search? Will you be happy to view a room in VR?

Let us know!

 

References:

https://www.ad.nl/rotterdam/kamernood-sla-rotterdam-maar-over~ad56cbc7/

https://www.theguardian.com/small-business-network/2017/may/08/the-proptech-entrepreneurs-homes-property-movebubble-housesimple-zoopla-no-agent