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

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

Central banks have a vital position in making certain the monetary system is effectively ready for the safety dangers posed by quantum computing, a Financial institution for Worldwide Settlements (BIS) research argues.

The working paper, revealed at this time (October 4), explores the advantages and dangers that quantum computing may carry to the monetary system. The authors – Raphael Auer, Angela Dupont, Leonardo Gambacorta, Joon Suk Park, Koji Takahashi and Andras Valko – say the know-how can remedy complicated and data-heavy

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