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Journal of Information and Optimization Sciences cover
Hybrid ·Peer-reviewed·ISSN (Online): 2169-0103·ISSN (Print): 0252-2667

WoS  JIF 2026 : 0.4 (Q4)

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Monthly Journal: Publishes theoretical and applied research on topics in information and optimization sciences.

Issues up to 2022 co-published with and available at:Taylor & Francis
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Open Access Research Article

Exploring the untapped potential of digital lending through the power of quantum computing

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pp. 851–860Vol. 46Issue 3April 2025DOI: 10.47974/JIOS-1942XML
Received:
07 Aug 2024
Published Online:
26 Mar 2025
Article type:
Research Article
Language:
EN
Article no.:
JIOS-1942
Pages:
851–860

Abstract

The advent of digital disruption in lending has yielded many advantages for both borrowers and lenders. Simultaneously, it has also generated apprehensions over regulation and risks. Like conventional lending, digital lending should possess qualities such as user-friendliness, distinctiveness, resistance to tampering, and being untraceable. However, it is vital for it to possess the capability to endure assaults from digital adversaries and safeguard against breaches of data. Contemporary technologies substitutes clients’ sensitive information with randomised tokens and guarantees the distinctiveness of payments by employing a cryptographic function called a cryptogram. Nevertheless, attacks utilising substantial computational resources undermine the security of these functions. Quantum technology can offer safeguards against the limitless computational capabilities. This work showcases the capacity of quantum light to augment the security of common digital lending systems by generating quantum cryptograms that are virtually impervious to counterfeiting. Our technique is distinct from previous protocols in that it is not contingent upon the presence of reliable agents and authenticated channels, nor does it rely on long-term quantum storage. Considering the present technological advancements, this is not only feasible but also possesses the potential to usher in a new epoch of security augmented by quantum capabilities.

Keywords

Subject Classifications

81P1081V80

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