Quantum Computing in High Frequency Trading and Fraud Detection

Engineering International

View Publication Info
 
 
Field Value
 
Title Quantum Computing in High Frequency Trading and Fraud Detection
 
Creator Ganapathy, Apoorva
 
Subject Quantum Computing
Qubits
Fraud Detection
Atom
Entanglement
 
Description ‘Quantum Computing in high-frequency trading and fraud detection is an analysis of quantum computing and how it can be used by the different industries especially finance. It is an evolution of computing from the traditional computing method. Quantum computing is a process that is concentrated on creating systems and technology based on quantum theory rules. Quantum theory describes the energy on atomic and subatomic levels. Quantum computing uses quantum bits (qubits) which are more advanced than the traditional bits used by traditional computers. This article focuses on deploying quantum computers in solving problems that cannot be efficiently solved using traditional computers. In the finance sector, such as banking, insurance, and high-frequency trading, quantum computers can help optimize service by providing targeting and predictive analytics to reduce risk, provide personalized customer service, and provide the needed security framework against fraud.
 
Publisher Asian Business Consortium
 
Date 2021-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://abc.us.org/ojs/index.php/ei/article/view/549
10.18034/ei.v9i2.549
 
Source Engineering International; Vol. 9 No. 2 (2021): July - December Issue; 61-72
2409-3629
10.18034/ei.v9i2
 
Language eng
 
Relation https://abc.us.org/ojs/index.php/ei/article/view/549/1053
 
Rights Copyright (c) 2021 Apoorva Ganapathy
https://creativecommons.org/licenses/by-nc/4.0
 

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