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Reading: Financial system needs to be ‘quantum-ready’ – BIS study
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Swiss Finance News > News > Fintech > Financial system needs to be ‘quantum-ready’ – BIS study
Fintech

Financial system needs to be ‘quantum-ready’ – BIS study

gelikuwa
Last updated: 2024/10/04 at 5:23 PM
By gelikuwa 1 Min Read
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Central banks have a crucial role in ensuring the financial system is well prepared for the security risks posed by quantum computing, a Bank for International Settlements (BIS) study argues.

The working paper, published today (October 4), explores the benefits and risks that quantum computing could bring to the financial system. The authors – Raphael Auer, Angela Dupont, Leonardo Gambacorta, Joon Suk Park, Koji Takahashi and Andras Valko – say the technology can solve complex and data-heavy

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TAGGED: BIS, Financial, quantumready, study, system
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