In physics, a quantum is the minimum amount of any physical entity involved in an interaction. The fundamental notion that a physical property can be "quantized" is referred to as "the hypothesis of quantization". Quantum coding is a type of computational theory that use the concept of quantum mechanics to perform calculations. Quantum mechanics, defines that an entity, can exist simultaneously in multiple states, and yet gives only one measurable quantity. This characteristic of quantum mechanics has been made use of, to perform complex mathematical calculations and a significantly faster rate than modern computers. Quantum coding, uses qubits, rather than bits, as individual structural elements of the quantum code. Quantum algorithms are written on different basic parameters: quantum Fourier Transform, amplitude amplification and quantum walks. The different quantum algorithms are: Deutsch-Jozsa algorithm, Simon's algorithm, Shora's algorithm, Hidden subgroup problem, Estimating Gauss sums, Fourier Fishing and Fourier Checking, Grover's algorithm, Quantum counting, Element distinctness problem, triangle-finding problem, formula evaluation and group commutativity. Innovations are new idea, device or process. Innovations are the application of better solutions that meet new requirements, inarticulated needs or existing market needs. It is proficient through more effective products, processes, services, technologies, or new ideas that are readily available to markets, governments and society. Innovations are something original and novel, as a significant, new that breaks into the market or society.