Tagged: quantum computing

Quantum Computers Could “Completely Shatter” the Current Internet Security Systems Protecting Bitcoin (BTC) Network, Digital Payments, IoT Devices: Report

  Nobody really knows when Bitcoin (BTC) and other cryptocurrencies will be “vulnerable” to the threat from quantum computers, according to most experts in the field. Twitter and other social media users have been warning and reminding people that we should stay informed about the… Read More

Quantum Computing: CaixaBank, a Spanish Financial Services Firm, Is Developing Machine Learning Algorithms for Classifying Customers Based on Credit Risk

CaixaBank S.A., a Spanish financial services firm based in Valencia and Barcelona in Spain, is moving forward with its experimental application of quantum computing to its financial products and services. CaixaBank, the third-largest lender by market cap in Spain (after Banco Santander and the BBVA),… Read More

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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