The True Quantum Asset: Why Collaboration, Not Currency, Wins the Post-Blockchain Race
- the Institute
- 22 hours ago
- 6 min read
In 1969, physicist Stephen Wiesner proposed "quantum money"—banknotes encoded as quantum states, physically impossible to counterfeit. The paper languished unpublished until 1983. For four decades, it remained a thought experiment, waiting for quantum computers powerful enough to make it real. In November 2025, [Google Quantum AI revived Wiesner's vision](https://decrypt.co/347228/physics-code-googles-quantum-money-could-make-blockchain-obsolete), publishing research on anonymous quantum tokens that could eliminate blockchain's energy-intensive ledgers. The technology press called it revolutionary. Google's own researcher called it "entirely theoretical." The timeline? Decades away, requiring fault-tolerant quantum computers that don't exist yet and quantum communication networks still in their infancy.

Meanwhile, Q-Zoo—NTARI's quantum collaboration platform—processes real community detection problems on actual quantum hardware today. Not in some speculative future when the physics catches up, but now, using D-Wave's quantum annealers to analyze network structures that classical computers struggle with. The contrast reveals something fundamental about how we think about quantum applications: Google bets quantum's killer app is securing money. Q-Zoo proves it's securing collaboration.
Physics Versus Code: The Wrong Binary
Google's quantum money research centers on the [no-cloning theorem](https://en.wikipedia.org/wiki/No-cloning_theorem)—a law of physics stating you cannot create perfect copies of unknown quantum states. If each dollar exists as a quantum state, counterfeiting becomes physically impossible, not just computationally difficult. No more blockchain's distributed ledger tracking every transaction. No more proof-of-work consuming Iceland's annual electricity. Just physics making forgery forbidden by the universe's fundamental rules.
The vision is elegant. A quantum $1 bill cannot be duplicated. You spend it once, and it's gone. The bank that issued it can't track where it travels—users can perform "swap tests" to detect any surveillance. [As Google researcher Dar Gilboa explained](https://decrypt.co/347228/physics-code-googles-quantum-money-could-make-blockchain-obsolete), "If you had a $1 bill that was actually a quantum state, you could prove, based on the properties of quantum mechanics, that copying such a state is impossible."
But here's what the coverage misses: quantum money solves trust through centralization. Google's model assumes "a trusted central issuer, such as a bank," creating quantum tokens from the top down. Gilboa is explicit about this limitation: "What we're doing isn't decentralized, so it's not really an analog of cryptocurrencies in any strong sense."
Quantum money doesn't challenge the power structure—it replaces blockchain's distributed trust with physics-enforced dependence on whoever controls the quantum token printer. The Federal Reserve, except the laws of quantum mechanics keep it honest instead of financial regulations.
The real question isn't physics versus code. It's what quantum technology actually enables: centralized scarcity or distributed intelligence?
What Actually Runs on Quantum Hardware Today
While Google theorizes about quantum dollars decades in the future, Q-Zoo solves [community detection problems](https://ntari.org/p3-008) on quantum annealers right now. Here's what that means in practice:
When you need to identify natural groupings in complex networks—finding research clusters in citation graphs, detecting coalition structures in voting patterns, revealing community boundaries in social systems—classical algorithms hit computational walls. The problem scales exponentially. A network with hundreds of nodes and thousands of connections creates combinatorial explosions that leave traditional computers churning for hours or failing entirely.
Q-Zoo translates these network analysis challenges into [QUBO problems](https://ntari.org/p3-007)—Quadratic Unconstrained Binary Optimization formulations that quantum annealers can process natively. The platform bridges classical preprocessing (data ingestion, graph construction, problem formulation) with quantum acceleration (annealing the actual optimization) and classical post-processing (result validation, visualization, interpretation).
This isn't simulation. Q-Zoo submits jobs to D-Wave's quantum processors through cloud APIs, receives quantum-informed solutions, and returns analyzed network structures to researchers who can verify results against ground truth. The entire pipeline operates today, processing real problems that generate real insights.
The collaboration happens at every layer: researchers share network datasets through GitHub, developers improve QUBO formulation techniques through AGPL-3 licensed code, domain experts validate results against established methods, and the entire process feeds into published documentation that any team can replicate and extend.
Quantum money aims to secure transactions between parties who distrust each other. Quantum collaboration enables insights among parties who trust each other enough to share data, methods, and results. One replaces trust with physics. The other builds trust through transparency.
The Timing Advantage: Hybrid Systems Versus Pure Quantum Futures
Google's quantum money faces a brutal timeline problem. [As Gilboa acknowledges](https://finance.yahoo.com/news/physics-vs-code-why-google-021758968.html), the research "assumes not only that you have a large, fault-tolerant quantum computer, but also the ability to do quantum communication... a whole other set of very difficult engineering challenges."
Fault-tolerant quantum computers need hundreds of thousands of qubits with error correction sophisticated enough to maintain quantum states through complex operations. Current systems max out at hundreds of noisy qubits that decohere within milliseconds. Quantum communication networks require [quantum repeaters](https://en.wikipedia.org/wiki/Quantum_repeater) to extend entanglement across distances—technology that exists only in laboratory prototypes.
Best case? Two decades before quantum money moves from theoretical paper to practical implementation. Realistic case? Longer.
Q-Zoo doesn't need to wait. The platform exploits quantum annealing's current capabilities—technologies that work now, not technologies we hope work eventually. D-Wave's quantum annealers excel at optimization problems even without fault tolerance. They operate as specialized co-processors: classical systems handle data management and result interpretation while quantum hardware accelerates the computationally expensive optimization at the problem's core.
This hybrid architecture means Q-Zoo builds the protocols, standards, and open-source tooling that will define quantum collaboration when fault-tolerant universal quantum computers arrive. By the time Google's quantum money becomes viable, Q-Zoo will have years of operational experience solving real community detection problems, published performance benchmarks, documented best practices, and a collaborative ecosystem of researchers who already trust the platform because they built it together.
Consider the parallel to the early internet. In the 1970s, researchers debated whether packet switching or circuit switching would dominate telecommunications. While AT&T theorized about all-digital networks requiring technology decades away, ARPANET connected actual computers using hybrid approaches—digital packets over analog phone lines. By the time purely digital infrastructure became feasible, the packet-switching protocols and collaborative culture of early internet researchers had already won. The technical decisions made in those hybrid years determined the internet's future architecture.
Q-Zoo occupies the same strategic moment. The quantum hardware isn't perfect. The qubits are noisy. Error rates exceed what pure quantum algorithms would tolerate. But the hybrid classical-quantum systems work well enough to solve meaningful problems now—and every solution teaches us how to build the post-blockchain quantum economy better.
Collaboration as Quantum Asset
Here's Calvin's insight, and it cuts through the hype: if quantum money proves that trust can emerge from physics, then Q-Zoo extends that proof by making collaboration, not currency, the true quantum asset.
Quantum money secures value in isolation—each token exists as an uncopyable quantum state, protecting scarcity. Quantum collaboration generates value through connection—each problem solved improves the methods everyone uses, each dataset analyzed reveals patterns that inform future research, each published result enables replication and extension.
When Q-Zoo processes a community detection problem, the quantum-accelerated solution doesn't just answer one researcher's question. The entire pipeline—from [network dataset encoding](https://ntari.org/p3-008) through [QUBO formulation](https://ntari.org/p3-007) to quantum annealing to result validation—becomes reusable infrastructure. Other researchers fork the code, adapt it to new problem domains, improve the formulation techniques, and contribute enhancements back upstream.
This is the collaboration that quantum enables: not perfect money secured by physics, but collective intelligence amplified by quantum acceleration and governed by [open-source transparency](https://ntari.org/p2-003).
The trust doesn't come from no-cloning theorems preventing counterfeits. It comes from AGPL-3 preventing improvements from accumulating in proprietary silos. From published benchmarks anyone can verify. From GitHub repositories where the actual code—not just promises about what it does—stands open for inspection, critique, and enhancement.
Blockchain tried to build trustless systems by making every transaction public. Google's quantum money tries to build trustless systems by making counterfeiting physically impossible. Q-Zoo builds trustworthy systems by making collaboration technically and legally straightforward.
The Post-Blockchain Quantum Economy Starts Now
Imagine the year 2045. Fault-tolerant quantum computers exist. Quantum communication networks span continents. Google's quantum money—or something like it—actually works. Banks issue quantum tokens. The [blockchain's energy-intensive proof-of-work](https://en.wikipedia.org/wiki/Proof_of_work) becomes obsolete, replaced by physics-enforced scarcity.
What protocols govern how quantum systems collaborate? What standards determine interoperability? Which organizations do researchers trust to process sensitive network data on quantum hardware? Who wrote the open-source libraries that make quantum algorithm development accessible?
Those questions get answered now, in the hybrid classical-quantum era, by platforms that solve real problems on real quantum hardware. Not decades from now when the technology is perfect, but today when the technology is merely good enough.
Q-Zoo doesn't compete with Google's quantum money because they're solving different problems. Google wants to secure transactions. Q-Zoo wants to accelerate understanding. One aims for centralized issuance with physics-enforced honesty. The other demonstrates distributed collaboration with open-source transparency.
But only one is operational. Only one has years to refine protocols and build trust before fault-tolerant quantum computers arrive. Only one makes collaboration—not currency—the quantum asset worth securing.
The true quantum revolution isn't replacing blockchain with better physics. It's replacing extraction with cooperation, proprietary with transparent, isolated with connected. Google's quantum money might work someday, assuming the hardware catches up. Q-Zoo's quantum collaboration works now, building the standards and ecosystem that will matter when it does.
Learn More
Quantum Money and No-Cloning Theorem:
- [No-cloning theorem explained](https://en.wikipedia.org/wiki/No-cloning_theorem)
- [Google's quantum money research coverage](https://decrypt.co/347228/physics-code-googles-quantum-money-could-make-blockchain-obsolete)
- [Stephen Wiesner's original quantum money concept](https://en.wikipedia.org/wiki/Quantum_money)
Q-Zoo Technical Foundation:
- [Q-Zoo Whitepaper: Quantum-Enhanced Network Analysis](https://ntari.org/p3-009)
- [Network Datasets for Quantum Community Detection](https://ntari.org/p3-008)
- [QUBO Formulation for Bi-Partitioning](https://ntari.org/p3-007)
Blockchain and Distributed Systems:
- [Proof of Work energy consumption](https://en.wikipedia.org/wiki/Proof_of_work)
- [Blockchain technology overview](https://en.wikipedia.org/wiki/Blockchain)
- [Platform cooperativism](https://en.wikipedia.org/wiki/Platform_cooperative)
Open Source and Quantum Computing:
- [AGPL-3 and network services](https://www.gnu.org/licenses/agpl-3.0.en.html)
- [Quantum annealing](https://en.wikipedia.org/wiki/Quantum_annealing)
- [D-Wave quantum computers](https://en.wikipedia.org/wiki/D-Wave_Systems)



Comments