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IQM Quantum Hack in Madrid

24 hours of quantum computing on the Indra and Santander challenges, with a modified Monte Carlo Tree Search.

When
Where
Madrid
Result
2nd place in the Indra challenge

In December, the student team QubiTO traveled to Madrid for the IQM Quantum Hack, a 24-hour quantum computing hackathon. The team tackled two major challenges: Algorithm Resolution (Indra) and Risk Prediction (Santander).

For the Indra challenge, QubiTO designed and implemented a modified Monte Carlo Tree Search (MCTS) algorithm. This approach allowed the team to efficiently navigate a complex problem space within the strict 24-hour limit, earning them second place.

In the Santander track, QubiTO applied quantum concepts to financial modeling, aiming to predict and mitigate risk factors more accurately and efficiently than classical computing methods.