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Mastercard to use quantum technologies

root-nation.com

Mastercard to use quantum technologies

Payment operator Mastercard has announced a strategic alliance with quantum computer developer D-Wave to bring card transactions to a new technological level. The two companies will develop and implement solutions based on quantum technologies in the field of card payments. The ability of quantum platforms to process much more data than classical computers promises unlimited opportunities for financial institutions and their customers. The Canadian company D-Wave is engaged in the development of quantum computers based on the so-called quantum annealing technology. Its systems are not universal and cannot run arbitrary algorithms. Quantum annealing solves optimization tasks, such as finding optimal routes for the delivery of goods.
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28 of March 2024