Central banks explore migration to quantum-proof financial system
BIS partners with monetary authorities in initiative aimed at protecting data and transactions
The Bank for International Settlements has joined forces with European central banks and private sector partners to launch the second phase of a project that aims to protect the financial system from the potential threats of quantum technology.
In a statement on July 9, the European BIS Innovation Hub, the central banks of Italy, France and Germany, Italian lender Nexi and the Swift messaging system announced the second phase of Project Leap. This, they said, would explore the migration of
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