AI, quantum computing and tokenisation set to transform finance – Menon
But significant barriers remain preventing the technologies from unlocking their full potential
Asset tokenisation, artificial intelligence (AI) and quantum computing are the three breakthrough technologies that have the “best prospects” for “transforming finance”, according to Ravi Menon, former managing director of the Monetary Authority of Singapore (MAS).
Menon told an audience at the Point Zero conference in Switzerland on July 3 that he believed harnessing fintech would have “deeply impactful benefits”, so long as substantial risks associated with new technology are mitigated. He also
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