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The Economic Times

National

RBI to examine role of quantum technology in strengthening financial sector

Quantum RBI Reserve Bank Reserve Bank of India

Mumbai: The Reserve Bank on Monday announced the setting up of an eight-member expert committee to explore and evaluate the potential benefits, risks and challenges of quantum technology in the financial sector.

Quantum technology represents a paradigm shift compared to traditional systems as it leverages the principles of quantum mechanics, such as superposition and entanglement.

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