RBI Launches Q-SAFE Panel To Strengthen Quantum Security In Financial Sector
New Delhi, May 26 -- The Reserve Bank of India (RBI) has constituted an expert committee to examine the opportunities and risks arising from quantum technologies and recommend a roadmap for building a quantum-secure financial ecosystem in India. Quantum technology is increasingly being seen as a transformative innovation capable of solving complex problems by harnessing quantum mechanical principles such as superposition and entanglement. These capabilities could significantly improve applications in portfolio optimisation, risk assessment, macroeconomic modelling and other financial services functions. At the same time, the technology presents potential cybersecurity risks, particularly its ability to undermine existing cryptographic sta...
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