Quantum Computing and the Financial System: Spooky Action at a Distance?


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.




Cyber Resilience of the Central Bank Digital Currency Ecosystem


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.




POTENTIALSANDIMPACTSO F QUANTUM COMPUTING


Book Description

1. UAE's Investment in Quantum Computing and AI: Opportunities and Challenges (Page 4) 2. Addressing the Risks and Challenges of AI and Quantum Computing: Prioritizing Ethical and Responsible Use (Page 15) 3. Leveraging AI and Quantum Computing for Economic Development in Developing Countries (Page 22) 4. How Switzerland Can Utilize AI and Quantum Technologies to Revolutionize the Insurance Industry (Page 26) 5. Mitigating the Risks of AI and Quantum Computing in Space: Strategies for Promoting Peaceful Development and Security (Page 30) 6. Protecting Our World in the Era of Quantum Computing and AI: Strategies for Mitigating Threats to Our Existence, Democracy, and Financial System (Page 34) 7. Quantum Computing and AI: The Threat to Banks and the Financial System (Page 37) 8. The Quantum Threat to Bitcoin: Understanding the Risks and Preparing for the Future (Page 41) 9. Safeguarding Against the Dark Side of Quantum Technology and AI: A Comprehensive Approach to Combating Scammers (Page 45) 10. Preventing the Misuse of Quantum Technology and AI: A Critical Challenge for Global Security (Page 49) 11. Regulating Quantum Technology and AI: Feasible Approaches for a Complex and Evolving Landscape (Page [not specified]) #technology #socialmedia #work #development #security #future #linkedin #instagram #investment #experience #finance #UAEqualumAI #AIQuantumRisks #AIQuantumDevCountries #SwissAIInsurance #AIQuantumSpaceSecurity #ProtectingOurWorldAIQuantum #QuantumThreatBanks #QuantumThreatBitcoin #SafeguardingAIQuantumScammers #PreventingMisuseAIQuantum #RegulatingAIQuantum #uae #quantumdubai #opportunities




Finance and Development, December 2021


Book Description

Finance and Development, December 2021




Stock Marketing: Quantum Computing Methods


Book Description

Explore the transformative potential of quantum computing in stock market analysis with 'Stock Marketing: Quantum Computing Methods'. This book provides a comprehensive overview of how quantum technologies are reshaping financial strategies, offering practical insights and future implications for investors and technologists alike.




Frontiers of Engineering


Book Description

This volume presents papers on the topics covered at the National Academy of Engineering's 2018 US Frontiers of Engineering Symposium. Every year the symposium brings together 100 outstanding young leaders in engineering to share their cutting-edge research and innovations in selected areas. The 2018 symposium was held September 5-7 and hosted by MIT Lincoln Laboratory in Lexington, Massachusetts. The intent of this book is to convey the excitement of this unique meeting and to highlight innovative developments in engineering research and technical work.




The Technological Construction of Reality


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.




Spooky Action at a Distance


Book Description

This book is a new possible solution to the EPR Paradox, now alongside the two other solutions: Einstein's Local Realism and Schr�dinger's Entanglement.




Quantum Computing and Blockchain in Business


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.




SECURITY AGAINST CYBER-CRIME: PREVENTION AND DETECT


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.