of a classical computer requires about double the number of transistors working on a problem . The power of a quantum computer can be approximately doubled each time only one qubit is added .”
This system in turn provides powerful advantages to financial institutions and other players within the banking space – and it ’ s not going unnoticed by the industry . A recent report published by Temenos surveyed 300 executives across retail , commercial and private banking around the world . Among other things , it found that 63 % of executives thought new technologies – including quantum computing – would have the biggest impact
“Quantum computing has enabled a more secure , efficient , and counterfeit-resistant financial system , making it a promising development in the world of finance ”
DUKE MUNOZ SALES REPRESENTATIVE , TECHNENIAC
48 November 2023