Mumbai, May 25 -- The Reserve Bank of India on Monday has constituted an expert committee to examine the opportunities and risks arising from quantum technology in the financial sector and to prepare a roadmap for making India's financial ecosystem secure against future quantum-related cyber threats.

The committee has been formed under the initiative called Quantum Secure and Adaptive Financial Ecosystem (Q-SAFE).

RBI said "Quantum Technology represents a paradigm shift compared with traditional systems as it leverages the principles of quantum mechanics, such as superposition and entanglement. This enables quantum systems to address complex financial problems such as portfolio optimisation, risk assessment, macroeconomic modelling, etc...