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GTR: Quantum computing: the next tech frontier for trade finance?
Published on:
April 28, 2020
The archaic, paper-based world of trade finance looks set to take a further leap into the digital future, as trade finance distribution platform Tradeteq begins a collaboration with the Singapore Management University (SMU) to explore quantum computing-based solutions for the industry.
Supported by the Monetary Authority of Singapore (MAS) under its artificial intelligence and data analytics (AIDA) grant scheme, the research project, titled Exploring the advantages of a quantum system for machine learning applied to credit scoring, aims to build a predictive machine learning model implemented on a quantum computer in order to tackle inefficiencies in approving trade finance.
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