The paper offers a survey of the technological evolution in hardware and software for quantum computing. I analyse its current and future role both in economic and statistical research and in handling data security threats using on current cryptographic algorithms.
The paper presents three quantum algorithms useful in central banking activities. At present quantum computers are able to solve only small-scale problems, nonetheless, when they reach full maturity, they will be able to considerably reduce execution times compared with current traditional systems. Quantum platforms are already under scrutiny by investment and central banks///Investment and central banks are already scrutinizing quantum platforms as a possible solution to a variety of optimization issues. It is extremely important to gauge the cyber risks arising from the use of quantum computing in criminal attacks against currently employed encryption algorithms.
