Thats according to its developer, UK startup Phasecraft.
This could lead to technological leaps in various fields, from energy to manufacturing and medicine.
Currently, quantum computers are not yet fast enough to make those world-changing calculations.

Phasecrafts newalgorithm, called THRIFT, promises to accelerate the process.
The findings were published inNature Communicationstoday.
In the past few months alone, Google launched a chip calledWillow,Microsoft unveiledMajorana,and Amazon revealedOcelot.

Advances in quantum computing are only good news for Phasecraft.
This algorithm enhances efficiency on near-term devices, like those Google and Microsoft have announced, said Santos.
Any improvements in their performance can only enhance our approach.
The company spun out of the University of Bristol and UCL.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.