Overview
“The importance of “Tech” versus “Fin” continues to grow” was one of the main conclusions of the FinTech Study 2020 (Ankenbrand, Bieri, Dietrich and Illi, 2020). Quantum computing enjoys a high level of attention as the next big innovation push, also in the financial industry. Due to the tremendous scientific progress which has been made in the area of quantum computing during the last few years, the hardware has grown by several magnitudes in computing power and is now available over the cloud from some providers. In addition to this, and probably equally important to enable the wide-spread use of this technology, tools and libraries have been developed which allow to integrate quantum cloud computing into “traditional” software. The technology is therefore now prepared to be used as part of “ordinary” algorithms in fields such as finance. It is reminiscent of the situation in the Distributed Ledger Technology (Blockchain) area, where the HSLU was able to carry out a successful and highly regarded project as early as 2016 (Hochschule Luzern, 2016).
