CoinDCX, one of India's leading crypto exchanges, announced the introduction of Daily SIP, a new addition to its monthly SIP experience that lets users invest in crypto every day, starting at just Rs 100. According to the company, the update will give investors a tighter
Redmi Note 15 has become more expensive in India yet again, with Xiaomi revising the prices of both storage variants by Rs 2,000. The latest increase comes just weeks after an earlier price adjustment, making the phone significantly costlier than its launch price
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions. Apple reportedly bringing M6 chip and new colours to iMac later this year Apple is reportedly preparing a new 24-inch iMac with the M6 chip and new colours
Sonova launched its third hearing-aid platform utilising real-time AI on Monday, its latest effort to strengthen its position in a market that relies on rapid technology upgrades to shorten replacement cycles and attract first-time users. The Swiss company was the first one to roll
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Sebi taking measures to ensure system safety in quantum computing era: Tuhin Kanta Pandey
Advent of quantum computing can lead to big security challenges, and Sebi is engaged in preparing the system to be safe ahead of its adoption, the capital market regulator's chairman Tuhin Kanta Pandey said on Wednesday.
Pandey said quantum computing has the technological capabilities to make it possible for bad actors to compromise passwords, which were long presumed to be very secure and hence, it is necessary to prepare the system on this front.
Sebi has prepared an "action plan" to ensure quantum readiness of all the stakeholders that it regulates, Pandey said at the annual GFF here.
There is a lot of research which is going into quantum computing, which will rely on principles of quantum mechanics to solve complex problems far beyond the capabilities of classical computers, Pandey said.
The career bureaucrat-turned-regulator said there is a possibility of quantum computing coming and once it comes, the normal cryptography used to set passwords may be the first ones to break.
"We have quantum safe computing (priority) keeping 2028 or 2029 as the date (when quantum comes) on how do we prepare ourselves as an industry to go for quantum-safe cryptography based on an action plan where we discover, we prepare and then we act within the next two-three-four years," Pandey said.
Meanwhile, answering a query on technology neutrality, Pandey said he does not see the ability to continue holding shares in a paper form continue for long in a system which has transitioned to dematerialization long back.
On the concept of technological neutrality, a hotly contested issue, he chose to go public with his skepticism with a nuanced take.
"Technology neutrality is actually not feasible," he said, adding that sticking to paper holding of shares will not be beneficial and one has to adopt the best technology position on offer.
Secondly, there is also the aspect of standardization which technologies need to adhere with, Pandey said, adding that the internet would not have been possible without the protocols to connect an entire network of computers.
"You can have technology neutrality only to an extent where multiple technologies which are similar and which can connect," he said.
"As a regulator, I would say that we should adopt and embrace a technology both for our own good and for the good of the investor community we serve," Pandey added.
Source: EconomicTimes
Related Posts: Sebi,quantum computing,system safety,sebi systems security,Tuhin Kanta Pandey,cryptography,quantum mechanics,gff
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