Preparing for Quantum Computing and Data Security Challenges

Thairath•Economy•38m ago

Reader Briefing

SCBX highlights the economic potential and cybersecurity risks of quantum computing in its Quantum Outlook 2026 report.

•Quantum computing uses qubits and properties like superposition and entanglement to solve complex problems faster than current computers.
•McKinsey estimates quantum computing could unlock economic value of 0.9-2 trillion US dollars by 2035 across energy, medicine, finance, and logistics.
•Quantum computers pose a threat to public key encryption systems like RSA and ECC, leading to the need for Post-Quantum Cryptography (PQC).
•SCBX presented the Quantum Outlook 2026 report on November 12.

Overview

•Quantum computing utilizes physics laws of atoms and electrons to process data via qubits, enabling faster solving of complex problems in drug discovery and financial risk management.
•While functional quantum computers exist for specific tasks, they cannot yet solve large-scale business problems due to qubit fragility and the need for Quantum Error Correction.
•Leading players expect the ability to seriously use and solve some problems between the late 2020s and early 2030s.
•McKinsey estimates quantum computing may unlock 0.9-2 trillion US dollars in economic value by 2035 in sectors including energy, medicine, finance, and logistics.
•The 'Harvest Now, Decrypt Later' risk allows attackers to steal encrypted data today to decrypt it once powerful quantum computers become available.
•SCBX is currently surveying its systems and assets to identify encryption points and assess risks.
•Trial results showed a hybrid quantum-classical approach at the Port of Los Angeles reduced crane movement distance by approximately 30%.

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Key Quotes

Kaweewut Temphuwaphat

"SCBX is therefore focusing on creating readiness today, in terms of research, collaboration, and personnel, so that Thailand enters the quantum era as a co-developer of technology, not just a user."

SCBX จึงมุ่งสร้างความพร้อมตั้งแต่วันนี้ ทั้งด้านการวิจัย ความร่วมมือ และบุคลากร เพื่อให้ประเทศไทยก้าวเข้าสู่ยุคควอนตัมในฐานะผู้ร่วมพัฒนาเทคโนโลยี ไม่ใช่เพียงผู้ใช้งาน

Key Entities

Organization

SCBX

An organization that issued the Quantum Outlook 2026 report and is researching quantum applications in portfolio management and fraud detection.

Chulalongkorn University(จุฬาลงกรณ์มหาวิทยาลัย)ℹ️

An institution whose physics department lecturer provided analogies for quantum transition and which collaborated with SCBX on portfolio research.

McKinseyℹ️

An entity that estimated the potential economic value of quantum computing by 2035.

SCB 10X

An organization where Kaweewut Temphuwaphat serves as Chief Executive Officer.

Google DeepMindℹ️

The creator of AlphaQubit, which uses neural networks to identify errors in quantum processors.

Ford Otosanℹ️

A company that experimented with hybrid calculation to reduce production scheduling time to under 5 minutes.

Modernaℹ️

A company collaborating with IBM to study mRNA sequence folding.

IBMℹ️

A company collaborating with Moderna to study mRNA sequence folding.

Person

Dr. Supanut Thanasilp(ดร.ศุภณัฐ ธนศิลป์)

A lecturer at the Department of Physics, Faculty of Science, Chulalongkorn University.

Kaweewut Temphuwaphat(กวีวุฒิ เต็มภูวภัทร)

Chief Innovation Officer of SCBX and Chief Executive Officer of SCB 10X.

Place

Port of Los Angeles(ท่าเรือลอสแอนเจลิส)ℹ️

A location where a hybrid quantum-classical calculation experiment reduced crane movement distance.