International Conference on Advanced Computer Information Technologies (ACIT)

Quantum Advantage Applied – Research on Probability of Success

Bartosz Szczesny, Wiesława Gryncewicz

Published Sep 21, 2023• 4 citations

Abstract

Quantum computing is promised to have the potential to revolutionize many industries, providing faster and more accurate solutions to complex problems such as financial sector examples portfolio management, wealth management, risk analysis, and market predictions. However, the adoption of quantum computing faces several challenges such as technological limitations, integration with current IT systems, and potential risks to encryption methods. In this paper, we review recent research on quantum computing, discussing potential use cases, benefits, risks, and issues. We also highlight the need for further research to address these challenges before widespread adoption of quantum computing can occur. As financial sector appears to present most promising results it is considered as a key topic of this article.

DOI: 10.1109/acit58437.2023.10275418

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