Bank of Canada taps quantum computing startup to tackle complex financial problems

Multiverse Computing and the central bank modelled a simulation of cryptocurrency adoption

Multiverse Computing, a quantum software company based in Spain with offices in Toronto, says it recently built out a simulative model from scratch in collaboration with Canada’s central bank.

Quantum computing leverages quantum theory to run complex calculations and problems as well as assess probabilities. The computers can process exponentially more data than traditional computing models.Article content

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