Digital Transformation, News

BIS to onboard more central banks in quantum-proof quest

By Ellesheva Kissin
Image via Getty

The Bank for International Settlements is poised to onboard more central banks and private banks in a new phase of a groundbreaking project to ‘quantum-proof’ payment systems.

The potential of quantum computing to break banks’ guardrails poses a growing threat to financial stability. Banks currently use cryptographic algorithms ...

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