Some Aspects of Virtual Black Holes
  In this paper we shall consistently third quantize modified gravity. Then we shall analyse certain aspects of virtual black holes in this third quantized modified gravity. We will see how a statistical mechanical origin for the Bekenstein-Hawking entropy naturally arises in this model. Furthermore, in this model the area and thus the entropy of a real macroscopic black hole is quantized. Virtual black holes cause loss of quantum coherence and this gives an intrinsic entropy to all physical systems which can be used to define a direction of time and hence provide a solution to the problem of time. 
Mir Faizal