Quantum leaders sound Q-Day alarm at FinTech conference

At the Canada FinTech Forum in Montreal, quantum and finance experts said the industry must prepare now for Q-Day, when quantum computers can break current encryption. Without preparation, companies will pay a high price in 5–10 years.

• Experts: without Q-Day preparation, companies will pay a high price in 5–10 years
• BMO launched internal applied AI and quantum institute in April
• Quantum computing useful for optimization, simulations, scenario planning
• Quantum readiness compared to adapting to ChatGPT's release