# Quantum computing in finance - what's the potential of the tech?

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Published: 2023-11-19
Updated: 2023-11-19





Source: techwireasia.com (https://techwireasia.com/2023/11/why-quantum-computing-is-the-future-of-finance/)














Quantum computing in finance will be a game-changer. However, businesses need to be aware of quantum safety as well. The IBM Quantum Network has been helping partners to develop and test quantum computing use cases.
Applications include portfolio optimization, risk management, fraud detection, and encryption.