What is meant by applied quantum computing?

Question: What is meant by applied quantum computing?

Applied quantum computing is the use of quantum computing systems to solve real-world problems. The ideal is that, by leveraging the power of quantum computing, powerful algorithms can be developed which would allow for more precise and efficient solutions to complex problems than traditional computing can provide. Examples of potential applications range from drug design and optimization, to financial risk management and optimization, to encryption and cybersecurity.

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