In a major push toward building a future-ready financial ecosystem, the Centre for Development of Advanced Computing (C-DAC) and Bank of India (BOI) signed a strategic Memorandum of Understanding (MoU) to advance quantum financial innovation and emerging technology adoption. The landmark agreement brings together C-DAC’s high-performance computing, AI, and quantum security expertise with Bank of India’s extensive banking operations and nationwide reach.
Inaugurated in the presence of MeitY Secretary S. Krishnan, the partnership focuses on creating quantum-resilient and quantum-safe banking frameworks to tackle growing cybersecurity challenges. Beyond quantum computing, the initiative will explore practical applications in Artificial Intelligence, Blockchain, intelligent document processing, fraud analytics, and smart contracts. Additionally, both institutions will roll out comprehensive capacity-building and training programs to train financial professionals in next-generation technologies.
ARI Converts Garden Waste into 6000 kg Organic Compost Annually
Sponsored
Nurturing Creativity – Keekli Charitable Trust, Shimla
