Quantum computing is expected to solve complex problems, though in theory it may also undermine encryption methods used for data protection. Photo: Shutterstock

    HKMA launches quantum readiness and cybersecurity projects for banks in AI era

    Hong Kong’s banking regulator has unveiled four flagship projects, including a quantum computing readiness index, to help the city’s lenders stay competitive and secure in the artificial intelligence era. The Hong Kong Monetary Authority (HKMA) said the initiatives formed part of its new Fintech Promotion Blueprint, aimed at guiding responsible innovation and preparing the city’s…

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