Tech Stocks In The Quantum Age

There was a time, though few of us remember when computers were no more than a twinkle in Bill Gates’ eye. Many moons ago, when rock and roll blasted out of car radios and Danny Zuko had just told Sandy she was the one he wanted, the Universal Automatic Computer (UNIVAC) was created. The UNIVAC is heralded as the first computer, built by the US Army in 1951. The device used around 5,000 vacuum tubes which all functioned on a binary system.

For those unfamiliar with the inner machinations of computers, our favorite laptops and tablets store data in the form of bits, and at the heart of every bit is either a ‘1’ or ‘0’, hence a binary code. The UNIVAC paved the way for generations of computing devices, eventually giving mankind personal computers that have increased in capacity, while shrinking in size over the past couple of years. 

As is typical with humans, we grew impatient with our technology and insisted that there was a better way to build computers, to increase their processing capacity.

In the 1980s, a collection of technological geniuses conceptualized the field of quantum computing, a theoretical system where, rather than using a binary ‘1’ or ‘0’, bits could be stored as both a ‘1’ and a ‘0’. To put it simply, quantum computers will be able to solve issues and process information at exponentially faster rates compared to traditional computers.

Some experts believe these devices, while still very much in their infancy, may one day be able to efficiently solve problems previously found to be unsolvable by currently available technology. 

In early January, IBM (IBM) announced their unveiling of IBM Q System One, the world’s first integrated universal approximate quantum computer system designed for scientific and commercial use. IBM’s quantum computer was “designed by IBM scientists, systems engineers, and industrial designers, and has a sophisticated modular and compact design optimized for stability, reliability, and continuous commercial use.”

“The IBM Q System One is a major step forward in the commercialization of quantum computing,” said Arvind Krishna, senior vice president of Hybrid Cloud and director of IBM Research. “This new system is critical in expanding quantum computing beyond the walls of the research lab as we work to develop practical quantum applications for business and science.”

-IBM Announcement of Q System One Computer

IBM’s (IBM) announcement indicates the reality that computing devices will one day fail to put out the speed necessary to handle the work we use them for. As it relates to quantum computing, this is an area of computer technology that is only just now coming out of the woodwork.

IBM’s (IBM) advancements in quantum computing are just one example of innovation coming out of the tech industry, but other companies in the sector are pioneering their own tech, all of which is designed with the consumer’s best interest at heart. 

ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF)is one such tech company that is focused on innovating, fabricating, and distributing products/services to improve the quality of life for consumers. Like any successful company, ParcelPal recognized a problem that we face every day; the systems in place for ordering food and products is archaic and needs a major update.

In recognition of this challenge, the Company created an on-demand marketplace where customers can shop for essentials (clothes, food, tech, and cannabis) and have these products delivered right to their doorstep. Rather than cut into time from your day that could be spent handling business, ParcelPal is primed and ready to lend a much-needed hand. 

Imagine a day where you have a crucially important meeting, and on your way to work, you spill coffee all over your button-down. In any other instance, this would be an incredible time to panic and call your therapist, but with the help of ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF) you need only use their online platform to order a new shirt. Within the hour, a ParcelPal courier will accept the request and drop off your order to whichever location you choose. 

In recent news, ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF)announced at the tail-end of January that the Company has formed a partnership with MADD Canada to aid in the continuous fight to prevent impaired driving. As part of the ParcelPal’s national rollout campaign, advertising for ParcelPal’s service will be seen across the country in various educational forms.

Together, MADD Canada and ParcelPal will launch a national awareness campaign focused on educating Canadians on the dangers of impaired driving and the options they have for getting items they want or need without leaving the party. 

An Affiliate of JSG Communications, MIDAM VENTURES LLC has been compensated $75,000 per month for 3 months by ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG). We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares.