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Introduction:
In the last decade, the field of quantum computing has come to light as a revolutionary technology. It's set to change the future of technology. With the promise to handle complex problems that classical computers are unable to, quantum computing is an area full of enthusiasm and prospects.

Body Content:

1. What is Quantum Computing?
Quantum computing utilizes the principles of quantum mechanics, which allow for super complex computations. Unlike classical computers that use bits (0s and 1s), quantum computers utilize quantum bits or qubits. Qubits can be in multiple states at the same time, making them incredibly powerful.

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Unlike conventional systems, these machines exploit phenomena such as entanglement and superposition. This allows qubits to conduct multiple calculations at once. Similarly, entanglement interlinks qubits, ensuring that the state of one qubit influences another, even they are separated.

3. Applications of Quantum Computing
Quantum computing has applications across various fields, such as cryptography, drug discovery, and optimization problems. For instance, in the field of cryptography, quantum computers could decipher codes that are right now considered unbreakable.

4. Challenges in Quantum Computing
Despite its potential, quantum computing faces many challenges. One of the major hurdles is maintaining qubit stability, known as coherence. Additionally, this industry faces significant error margins and elevated expenses in development and upkeep.

Conclusion:
To conclude, quantum computing is potentially the key to solving complex problems that today’s computers find impossible. With continued efforts, the possibilities in this domain are endless. While quantum computers become more available, industries will need to adjust to this new technological landscape.