  We review recent progress made in quantum information processing (QIP) which
can be applied in the simulation of quantum systems and chemical phenomena. The
review is focused on quantum algorithms which are useful for quantum simulation
of chemistry and advances in nuclear magnetic resonance (NMR) and electron spin
resonance (ESR) QIP. Discussions also include a number of recent experiments
demonstrating the current capabilities of the NMR QIP for quantum simulation
and prospects for spin-based implementations of QIP.
