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INDIA — The Centre for Development of Advanced Computing (C-DAC) and Bank of India reportedly signed a memorandum of understanding to explore quantum technologies, including quantum-safe security, proof-of-concept initiatives, cybersecurity and capacity building.
The reported collaboration points to growing interest in the implications of quantum computing for financial services. As the industry assesses future cryptographic risks, research partnerships and early-stage experimentation may help institutions build awareness and prepare longer-term security roadmaps.
Source: media reports. Rewritten and summarised by BFSI NXT. Please refer to the original source for full details.
