Tagged: quantum computing

Quantum Computing: Canada’s Third-Largest Bank, Scotiabank, Is Exploring Ways to Upgrade Systems to Make them Quantum-Resistant

The field of quantum computing, which breaks away from the traditional binary computing model, has made considerable advancements in the past 20 years. The Bank of Nova Scotia (Scotiabank), the third-largest bank in Canada in terms of market capitalization and deposits, has been exploring different… Read More

Indian Finance Minister Nirmala Sitharaman Recommends Allocating $1.14 Billion to Boost Nation’s Fintech Economy, with Investments in AI, Machine Learning

The Indian government recently revealed its Union budget for the FY 2021. Following the announcement, it appears that the nation’s Fintech industry has been given special attention, as Indian finance minister Nirmala Sitharaman proposed on February 1 to introduce a policy for creating data center… Read More

Is Quantum Computing a Threat to Standard Cryptocurrencies?

And cryptocurrency trading platform called Coinswitch is promoting a cryptocurrency they say is designed to “combat…future attacks by quantum computers.” According to the platform, Quantum Resistant Ledger or QRL coin is, “is the brainchild of Peter Waterland(,) who realised that Bitcoin, Ethereum, and other such… Read More

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