Quantum Computing’s DISRUPTION IN Finance Industry
The drastic transformation demanded by the pandemic in banking & finance, healthcare, transporting, space, defence, and other sectors has given an edge to the quantum computing market. Google has already got a quantum computer that can perform a calculation in 200 seconds only, while a traditional supercomputer would need 10000 years to solve the same problem.
Two main characteristics of quantum computers, SUPERPOSITION, AND ENTANGLEMENT do things simultaneously and can transform anything. Because of high performance and speed, quantum computers can run complex algorithms and simulations. This feature is rising the quantum computing usages in various industries, especially finance.
Various Aspects Related to Quantum Computing and Finance
Let’s discuss what problems took the attention of experts to initiate uses of quantum computing, how quantum computers are assisting the industries in solving their complex issues,
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