Analysis, Crypto, Digital Transformation

Banks pivot at a cost to new quantum-proofing

By Ellesheva Kissin
quantum
Image via Reuters

Banks will invest in quantum proofing in lockstep with the US government – after it issued an emergency directive urging adoption of a different branch of the cutting-edge technology.

The investments mark a shift from banks solely pouring money into quantum key distribution, which needs significant physical infrastructure ...

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