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What if your bank could predict the next market crash before it happens? Or stop a scammer before they can steal? Quantum computing may sound like science fiction, but it’s set to reshape the future of finance. Overall, #quantumcomputing in the financial sector could generate up to $622 billion in value by 2035. These opportunities - and the concurrent risks - are explored in a new World Economic Forum white paper, in collaboration with Accenture. The paper assesses the current state of #quantum
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There’s a step-change coming in digital systems. #Quantum computing will power humanity to new heights, says Accenture expert Tom Patterson, allowing us to probe the origins of the universe and solve some of our greatest challenges. But with these soaring capabilities come new levels of threat, as the immense power of #quantumcomputing undermines the encryption that supports digital systems. How do businesses protect themselves from this oncoming tidal wave? Patterson has 3 key takeaways. Accent
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A new facility in #Scotland is trialling #quantum technology to make data secure. Its sophisticated laser system will communicate with satellites, using a technology called quantum key distribution (QKD) to create #encryption keys. Thanks to the strange properties of #quantumphysics, any attempt to intercept these transmissions will be immediately visible - making the transmissions ‘virtually unhackable’. Rapid advancements in #quantum technologies present significant opportunities and challenge
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