Quantum Financial Technology

Phuong-Nam Nguyen

Mohammad Ali Tagati

The aim of this research is to investigate the effects of quantum computing on financial analysis and forecast accuracy. Given the significant increase in the volume of financial data and the complexity of financial decision-making, the need to use new technologies such as quantum computing is increasingly felt. The research collected data from 100 financial analysts, researchers, and IT professionals, as well as conducted in-depth interviews with twenty experts. The findings show that 70% of respondents emphasize that quantum computing can effectively increase the accuracy of financial forecasts. However, significant challenges have been identified, such as high costs and the need for complex infrastructure to implement the technology. Additionally, 35% of professionals express concerns about data security and privacy. Finally, this paper offers recommendations that include investing in human resource development and establishing new security protocols to best exploit the potential opportunities of quantum computing. This research can help better understand the impact of quantum computing innovations on the future of the financial industry and provide practical solutions to address emerging challenges. Also, more detailed studies on the social and economic impacts of this technology on financial markets and how it interacts with other technologies could enrich the results of this research.

Marina Teller

Belal Ehsan Baaquie

Shailesh Sayarmal Chaudhary

Quantum computing offer significant potential for the financial sector, especially in terms of cloud infrastructure which enables faster and more efficient data processing and new encryption capabilities. As financial solutions increasingly use cloud systems for scalability and security, quantum computers have the potential to revolutionize risk analysis, investment portfolio optimization, and data encryption in the sector. This chapter focuses on the opportunities and challenges offered by quantum technology and how to build a quantum-ready financial cloud infrastructure. Quantum computing could lead to better financial models and stronger encryption, allowing financial institutions to achieve sufficient (or even better) performance in combating cyber threats. However, this chapter also highlights the challenges of integrating quantum technologies with existing cloud technologies, such as system compatibility, data privacy, and regulatory compliance. Furthermore.

Martin Schaden