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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1513572725
Category : Business & Economics
Languages : en
Pages : 33
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Book Description
The era of quantum computing is about to begin, with profound implications for the global economy and the financial system. Rapid development of quantum computing brings both benefits and risks. Quantum computers can revolutionize industries and fields that require significant computing power, including modeling financial markets, designing new effective medicines and vaccines, and empowering artificial intelligence, as well as creating a new and secure way of communication (quantum Internet). But they would also crack many of the current encryption algorithms and threaten financial stability by compromising the security of mobile banking, e-commerce, fintech, digital currencies, and Internet information exchange. While the work on quantum-safe encryption is still in progress, financial institutions should take steps now to prepare for the cryptographic transition, by assessing future and retroactive risks from quantum computers, taking an inventory of their cryptographic algorithms (especially public keys), and building cryptographic agility to improve the overall cybersecurity resilience.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1513572725
Category : Business & Economics
Languages : en
Pages : 33
Get Book Here
Book Description
The era of quantum computing is about to begin, with profound implications for the global economy and the financial system. Rapid development of quantum computing brings both benefits and risks. Quantum computers can revolutionize industries and fields that require significant computing power, including modeling financial markets, designing new effective medicines and vaccines, and empowering artificial intelligence, as well as creating a new and secure way of communication (quantum Internet). But they would also crack many of the current encryption algorithms and threaten financial stability by compromising the security of mobile banking, e-commerce, fintech, digital currencies, and Internet information exchange. While the work on quantum-safe encryption is still in progress, financial institutions should take steps now to prepare for the cryptographic transition, by assessing future and retroactive risks from quantum computers, taking an inventory of their cryptographic algorithms (especially public keys), and building cryptographic agility to improve the overall cybersecurity resilience.
Author: Arvinder Bharath
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 53
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Book Description
Over 100 central banks around the globe are exploring central bank digital currencies (CBDCs) to modernize payment systems. They aim to explore potential benefits, risks, and the broad range of new capabilities CBDCs might offer. Some view CBDC exploration as an opportunity to rethink their existing, legacy payment systems and build a resilient and secure infrastructure using modern technologies. However, a CBDC creates a vast and complex ecosystem that amplifies existing risk exposures and surfaces new ones. Given the implications of issuing a CBDC, it should be seen as a fundamental change in the way the central bank operates. This note considers experiences from live CBDCs and is informed by experiments conducted by central banks and international institutions for domestic use. It also draws from cybersecurity and resilience frameworks from standard-setting bodies.
Author: International Monetary Fund. Communications Department
Publisher: International Monetary Fund
ISBN: 151359589X
Category : Business & Economics
Languages : en
Pages : 72
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Book Description
Finance and Development, December 2021
Author: Dionysios S. Demetis
Publisher: Edward Elgar Publishing
ISBN: 1839101199
Category : Science
Languages : en
Pages : 237
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Book Description
This visionary book delves into the world-shaping abilities of modern technology, outlining the potential future transformations that it may impose. By drawing from a range of scholarly insights, Dionysios S. Demetis and Ian O. Angell explore how technology not only influences our social, economic, political, biological and physical realities, but how it can also construct completely new ones.
Author: Maria Schuld
Publisher: Springer
ISBN: 3319964240
Category : Science
Languages : en
Pages : 293
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Book Description
Quantum machine learning investigates how quantum computers can be used for data-driven prediction and decision making. The books summarises and conceptualises ideas of this relatively young discipline for an audience of computer scientists and physicists from a graduate level upwards. It aims at providing a starting point for those new to the field, showcasing a toy example of a quantum machine learning algorithm and providing a detailed introduction of the two parent disciplines. For more advanced readers, the book discusses topics such as data encoding into quantum states, quantum algorithms and routines for inference and optimisation, as well as the construction and analysis of genuine ``quantum learning models''. A special focus lies on supervised learning, and applications for near-term quantum devices.
Author: Dr. Madhu Tyagi
Publisher: Horizon Books ( A Division of Ignited Minds Edutech P Ltd)
ISBN: 9386369362
Category :
Languages : en
Pages : 216
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Book Description
In our daily life, economic activities, and national security highly depend on stability, safely, and resilient cyberspace. A network brings communications and transports, power to our homes, runour economy, and provide government with various services. However it is through the same cyber networks which intrude and attack our privacy, economy, social life in a way whichis harmful. Some scholars have interestingly argued that, “in the Internet nobody knows you are a dog”. This raises some legal issues and concerns. This book presents important issues on the Security, Prevention, and Detection of Cyber Crime.
Author: Arunkumar Krishnakumar
Publisher: Packt Publishing Ltd
ISBN: 1838646132
Category : Mathematics
Languages : en
Pages : 335
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Book Description
Fintech veteran and venture capitalist, Arunkumar Krishnakumar, cuts through the hype to bring us a first-hand look into how quantum computing and Blockchain together could redefine industries and life as we know it. Key FeaturesTake a practical perspective on quantum computing and Blockchain technologies and their impacts on key industriesGain insights from experts who are applying quantum computing or Blockchain in their fieldsSee where quantum computing and Blockchain are heading, and where the two may intersectBook Description Are quantum computing and Blockchain on a collision course or will they be the most important trends of this decade to disrupt industries and life as we know it? Fintech veteran and venture capitalist Arunkumar Krishnakumar cuts through the hype to bring us a first-hand look into how quantum computing and Blockchain together are redefining industries, including fintech, healthcare, and research. Through a series of interviews with domain experts, he also explores these technologies’ potential to transform national and global governance and policies – from how elections are conducted and how smart cities can be designed and optimized for the environment, to what cyberwarfare enabled by quantum cryptography might look like. In doing so, he also highlights challenges that these technologies have to overcome to go mainstream. Quantum Computing and Blockchain in Business explores the potential changes that quantum computing and Blockchain might bring about in the real world. After expanding on the key concepts and techniques, such as applied cryptography, qubits, and digital annealing, that underpin quantum computing and Blockchain, the book dives into how major industries will be impacted by these technologies. Lastly, we consider how the two technologies may come together in a complimentary way. What you will learnUnderstand the fundamentals of quantum computing and BlockchainGain insights from the experts who are using quantum computing and BlockchainDiscover the implications of these technologies for governance and healthcareLearn how Blockchain and quantum computing may influence logistics and financeUnderstand how these technologies are impacting research in areas such as chemistryFind out how these technologies may help the environment and influence smart city developmentUnderstand the implications for cybersecurity as these technologies evolveWho this book is for This book is for tech enthusiasts – developers, architects, managers, consultants, and venture capitalists – working in or interested in the latest developments in quantum computing and blockchain. While the book introduces key ideas, terms, and techniques used in these technologies, the main goal of this book is to prime readers for the practical adoption and applications of these technologies across varies industries and walks of life.
Author: Raymond S. T. Lee
Publisher: Springer Nature
ISBN: 9813297964
Category : Computers
Languages : en
Pages : 433
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Book Description
With the exponential growth of program trading in the global financial industry, quantum finance and its underlying technologies have become one of the hottest topics in the fintech community. Numerous financial institutions and fund houses around the world require computer professionals with a basic understanding of quantum finance to develop intelligent financial systems. This book presents a selection of the author’s past 15 years’ R&D work and practical implementation of the Quantum Finance Forecast System – which integrates quantum field theory and related AI technologies to design and develop intelligent global financial forecast and quantum trading systems. The book consists of two parts: Part I discusses the basic concepts and theories of quantum finance and related AI technologies, including quantum field theory, quantum price fields, quantum price level modelling and quantum entanglement to predict major financial events. Part II then examines the current, ongoing R&D projects on the application of quantum finance technologies in intelligent real-time financial prediction and quantum trading systems. This book is both a textbook for undergraduate & masters level quantum finance, AI and fintech courses and a valuable resource for researchers and data scientists working in the field of quantum finance and intelligent financial systems. It is also of interest to professional traders/ quants & independent investors who would like to grasp the basic concepts and theory of quantum finance, and more importantly how to adopt this fascinating technology to implement intelligent financial forecast and quantum trading systems. For system implementation, the interactive quantum finance programming labs listed on the Quantum Finance Forecast Centre official site (QFFC.org) enable readers to learn how to use quantum finance technologies presented in the book.
Author: Vlatko Vedral
Publisher: OUP Oxford
ISBN: 0191636290
Category : Science
Languages : en
Pages : 206
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Book Description
For a physicist, all the world is information. The Universe and its workings are the ebb and flow of information. We are all transient patterns of information, passing on the recipe for our basic forms to future generations using a four-letter digital code called DNA. In this engaging and mind-stretching account, Vlatko Vedral considers some of the deepest questions about the Universe and considers the implications of interpreting it in terms of information. He explains the nature of information, the idea of entropy, and the roots of this thinking in thermodynamics. He describes the bizarre effects of quantum behaviour — effects such as 'entanglement', which Einstein called 'spooky action at a distance', and explores cutting edge work on harnessing quantum effects in hyperfast quantum computers, and how recent evidence suggests that the weirdness of the quantum world, once thought limited to the tiniest scales, may reach into the macro world. Vedral finishes by considering the answer to the ultimate question: where did all of the information in the Universe come from? The answers he considers are exhilarating, drawing upon the work of distinguished physicist John Wheeler. The ideas challenge our concept of the nature of particles, of time, of determinism, and of reality itself. This edition includes a new foreword from the author, reflecting on changes in the world of quantum information since first publication. Oxford Landmark Science books are 'must-read' classics of modern science writing which have crystallized big ideas, and shaped the way we think.
Author: Colin P. Williams
Publisher: Springer Science & Business Media
ISBN: 146120495X
Category : Computers
Languages : en
Pages : 257
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Book Description
As miniaturisation deepens, and nanotechnology and its machines become more prevalent in the real world, the need to consider using quantum mechanical concepts to perform various tasks in computation increases. Such tasks include: the teleporting of information, breaking heretofore "unbreakable" codes, communicating with messages that betray eavesdropping, and the generation of random numbers. This is the first book to apply quantum physics to the basic operations of a computer, representing the ideal vehicle for explaining the complexities of quantum mechanics to students, researchers and computer engineers, alike, as they prepare to design and create the computing and information delivery systems for the future. Both authors have solid backgrounds in the subject matter at the theoretical and more practical level. While serving as a text for senior/grad level students in computer science/physics/engineering, this book has its primary use as an up-to-date reference work in the emerging interdisciplinary field of quantum computing - the only prerequisite being knowledge of calculus and familiarity with the concept of the Turing machine.
