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  • Open Access

    ARTICLE

    Study on Quantum Finance Algorithm: Quantum Monte Carlo Algorithm based on European Option Pricing

    Jian-Guo Hu1,*, Shao-Yi Wu1,*, Yi Yang1, Qin-Sheng Zhu1, Xiao-Yu Li1, Shan Yang2

    Journal of Quantum Computing, Vol.4, No.1, pp. 53-61, 2022, DOI:10.32604/jqc.2022.027683 - 12 August 2022

    Abstract As one of the major methods for the simulation of option pricing, Monte Carlo method assumes random fluctuations in the distribution of asset prices. Under certain uncertainties process, different evolution paths could be simulated so as to finally yield the expectation value of the asset price, which requires a lot of simulations to ensure the accuracy based on huge and expensive calculations. In order to solve the above computational problem, quantum Monte Carlo (QMC) has been established and applied in the relevant systems such as European call options. In this work, both MC and QM More >

  • Open Access

    ARTICLE

    A Monte Carlo Based COVID-19 Detection Framework for Smart Healthcare

    Tallat Jabeen1,2, Ishrat Jabeen1, Humaira Ashraf2, Nz Jhanjhi3,*, Mamoona Humayun4, Mehedi Masud5, Sultan Aljahdali5

    CMC-Computers, Materials & Continua, Vol.70, No.2, pp. 2365-2380, 2022, DOI:10.32604/cmc.2022.020016 - 27 September 2021

    Abstract COVID-19 is a novel coronavirus disease that has been declared as a global pandemic in 2019. It affects the whole world through person-to-person communication. This virus spreads by the droplets of coughs and sneezing, which are quickly falling over the surface. Therefore, anyone can get easily affected by breathing in the vicinity of the COVID-19 patient. Currently, vaccine for the disease is under clinical investigation in different pharmaceutical companies. Until now, multiple medical companies have delivered health monitoring kits. However, a wireless body area network (WBAN) is a healthcare system that consists of nano sensors… More >

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