March has been a big month of research developments for D-Wave Quantum Inc. (NYSE: QBTS). First, the company announced what it claims is the first-ever successful feat of quantum supremacy: D-Wave's Advantage2 prototype annealing quantum computer solved a magnetic materials problem many orders of magnitude faster than a leading supercomputer. Then, just a few days later, D-Wave introduced a new blockchain architecture using the same techniques utilized in the demonstration of quantum supremacy.
These two breakthroughs could greatly affect D-Wave's business—one in the fast-growing quantum computing field and the other in cryptocurrencies and any company using today's blockchain tech. But what does this mean for investors today, particularly given D-Wave's inconsistent earnings performance and small size?
