MUMBAI: As quantum computing moves from theory towards application, the RBI has set up an expert committee for a quantum-secure and adaptive financial ecosystem to assess how a technology that can solve complex financial problems could also threaten existing cryptographic standards.

The Reserve Bank of India is forming an expert committee to study quantum technology's role in finance. This new technology could revolutionize financial tasks but also poses…

RBI has formed an expert panel to study quantum technology risks and recommend a quantum-safe framework for India’s financial system.