HOW QUANTUM TECHNOLOGY WILL TRANSFORM FINANCIAL, TELECOMMUNICATIONS AND CYBER SECURITY SECTORS
“Quantum technologies will lead to major advances in precision timing, sensors and computation, destined to have a major impact on the finance, defence, aerospace, energy, infrastructure and telecommunications sectors.” (The National Strategy for Quantum Technologies).
Nothing worse in an increasingly technology driven and dependent economy than missing a paradigm shift! The next one will be quantum technology enabled.
Quantum Technology with its unique nature and exponentially higher speed will bring disruption across virtually every industry.
While the arrival of this new technology will bring along major opportunities, it is critical to also be aware of its risks and start a cross-sectoral dialogue already today.
You will have the chance to hear from BT, Cisco, JP Morgan, Barclays, the Information Security Group at Royal Holloway, to mention few. Additionally, we have selected a number of quantum security companies to present the latest innovation in quantum cryptographic key generation and distribution.
Quantum technology is a new world of its own. Join our exciting event to explore it together with us.
Places are limited, so please register in advance to avoid disappointment.
Have a further read how those industries will be impacted by Quantum Technology
In the financial sector, quantum technology will help to develop highly accurate financial models and improve predictions and forecasting of major financial events (e.g. money laundering, regulatory fraud, market crashes). Stock exchanges will be able to leverage quantum for algorithmic trading optimisation by processing large numbers of variables at a high speed, leading to more informed trading decisions and driving higher profits.
Some telecommunication companies have already successfully applied to achieve the speed-of-light data travel, contributing to making our Internet of Things world a flawless environment, in which communication flows such as between devices, autonomous vehicles and humans will be intelligent, smooth and fast.
However, as one would expect with such exciting benefits ahead, quantum technology has the potential to undermine the security of conventional technologies and existing security mechanisms we use to protect and store data. For example, cryptokeys, commonly used by the majority of organisations, will become obsolete and will have to be replaced by something better. As all this poses a huge risk to our businesses, critical national infrastructure and national security, we have to start thinking seriously about risk mitigation in this new quantum powered world.