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StanChart and Fujitsu Launch Quantum Computing Platform for Financial Sector
StanChart and Fujitsu Launch Quantum Computing Platform for Financial Sector
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BTCCSquare news:
Standard Chartered's venture arm, SC Ventures, and Fujitsu have unveiled Project Quanta, a quantum computing platform tailored for financial applications. The collaboration merges Fujitsu's quantum research prowess with SC Ventures' financial industry insights, targeting transformative solutions for fraud detection, risk analysis, and derivative pricing.
The platform provides development tools, pre-built algorithms, and quantum-inspired applications, enabling banks to tackle complex computations with unprecedented efficiency. Back-end data and hardware resources further empower clients to test and deploy innovative solutions.
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