Apr 24 – 26, 2025 HYBRID
Bishkek, Kyrgyzstan
Asia/Bishkek timezone

Unlocking New Frontiers in Finance, Economics and Environmental Science via Quantum Computing

Apr 24, 2025, 3:00 PM
15m
KTMU (Bishkek, Kyrgyzstan)

KTMU

Bishkek, Kyrgyzstan

C. Aytmatov Campus, Kyrgyzstan-Turkish Manas University, 720038, Jal, Bishkek, KYRGYZSTAN
Oral Presentation Modern Applications in Mathematical Modeling, Data Analysis, Optimization, Numerical Methods and Scientific Programming, Mathematical Biology, Mathematical Chemistry and Mathematical Physics Mathematics and Computational Sciences Session 1 Hall 1

Speaker

Prof. Mesut KARABACAK (Atatürk University)

Description

Quantum computing stands poised to revolutionize multiple sectors, with finance, economics, and sustainability at the forefront of potential beneficiaries. This presentation explores the transformative applications of quantum algorithms in these fields. In finance, we discuss quantum-enhanced portfolio optimization, risk analysis, and fraud detection. For economics, we examine quantum approaches to complex market simulations and econometric modeling. In sustainability, we highlight quantum computing's role in optimizing resource allocation, improving climate models, and accelerating the discovery of new materials for clean energy. The presentation also addresses the challenges in implementing quantum solutions, including hardware limitations and error correction. Finally, we consider the ethical implications and potential societal impacts of deploying quantum technologies in these critical areas, providing a balanced view of the promises and pitfalls of this emerging computational paradigm.

Keywords quantum computing, portfolio optimization, risk analysis, market simulation, resource allocation

Primary author

Prof. Mesut KARABACAK (Atatürk University)

Co-author

Prof. Ercan ÇELİK (Kyrgyz-Turkish Manas University)

Presentation materials

There are no materials yet.