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This article explores the intersection of quantum computing and artificial intelligence (AI) in digital banking, focusing on the impact, potential, challenges, and future developments within this exciting realm. Quantum computing operates on several fundamental principles, such as superposition and entanglement, which allow qubits to exist in multiple states simultaneously and link the states of qubits regardless of their physical separation. Quantum algorithms, such as Shor’s algorithm and Grover’s search algorithm, provide exponential speedup for specific computational tasks, enabling digital banking to benefit from the unique properties of quantum computing.
