EP 117: DEMYSTIFYING MASTERCARD'S QUANTUM STRATEGY WITH STEVE FLINTER
In this episode, Dave and Dharm sit down with Steve Flinter, Distinguished Engineer at Mastercard, to demystify the company's innovative work and perspectives on quantum computing. Mastercard has been at the forefront of quantum exploration, investigating how this groundbreaking technology can tackle complex challenges more efficiently than classical computing. From optimising machine learning models to enhancing fraud detection and loyalty programs, the company is partnering with leaders like D-Wave to unlock quantum's potential. The discussion delves into the profound implications of quantum computing on security and cryptography, focusing on the looming 'Q Day'—the point when quantum computers could disrupt current encryption standards. Steve introduces the concept of 'crypto agility', a proactive approach to updating cryptographic systems to withstand quantum threats. While today's quantum computers aren’t yet powerful enough to compromise encryption, efforts like NIST’s development of post-quantum cryptography standards highlight the importance of staying ahead. The conversation also touches on the future of quantum accessibility, suggesting cloud-based delivery as the most practical path forward, given the complexity and costs of quantum hardware. The episode wraps up with an optimistic look at the commercial potential of quantum computing, acknowledging the challenges while celebrating the opportunities it presents for transformative solutions in the years to come.