How quantum technologies will transform fintech [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
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Source: Yahoo! Finance
services are delivered while creating a fertile environment for startups and scale-ups, as well as established financial services companies. The concept of quantum reimagines how computers will solve problems, communicate, and store data in the future. Instead of the classic ‘zeroes and ones' approach, quantum technology harnesses the properties of atoms and photons – units of light – to develop ultra-high-performance applications. Several world-class Scottish universities – including Glasgow, Strathclyde, and Edinburgh – are part of a coordinated effort to achieve rapid advances in the development of quantum software applications. This can offer previously unachievable levels of security and efficiency for fintech applications. Professor Elham Kashefi leads the quantum computing team at the University of Edinburgh's School of Informatics and co-founded the fields of quantum cloud computing and quantum verification. She is a respected global authority on quantum applications and
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