Quantum computing has the potential to transform the financial sector – from enhanced risk management and precise AI-driven forecasts to streamlined portfolio management. With the power to analyze complex issues at unmatched speed, quantum technology could transform how banks tackle problems once considered unsolvable.
However, this shift also brings critical cybersecurity challenges, especially concerning quantum-safe encryption. As quantum technology advances, traditional encryption methods could become vulnerable, putting sensitive financial data at risk.
Damir Bogdan, CEO of QuantumBasel, emphasizes the importance of adopting new Quantum standards to drive this transformation.
Curious to learn more? The Swiss Bankers Association (SBA), in collaboration with Quantum Basel, has
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