SCBX<\/b> has unveiled its latest strategic report, SCBX Quantum Outlook 2026 \u2014 The Unfiltered Truth of Quantum<\/b>, outlining a dual-track approach for Thai enterprises to safeguard data encryption while unlocking financial business value. Launched in Bangkok on November 12, 2026, the report urges local organizations to transition from passive technology consumers to active developers through research partnerships, talent cultivation, and quantum-safe security upgrades.<\/p>\n
The publication serves as the second installment in the company\u2019s Quantum Outlook series, building upon SCBX Quantum Outlook: Post-Quantum Cryptography<\/b>, which was released in December 2025. While the inaugural report concentrated on defending digital infrastructure against future cryptographic threats, the 2026 edition expands the scope toward commercial value creation within the financial sector. The study emphasizes systematic preparation, realistic assessments of hardware limitations, and evidence-based testing over speculative hype.<\/p>\nAssessing Financial Value and Practical Timelines<\/h2>\n
According to the report, quantum computing is designed to tackle specific, highly complex computational challenges rather than replace classical computers or accelerate every digital workload. Current technology roadmaps from leading developers indicate that practical applications could emerge between the late 2020s and early 2030s<\/b>, representing an accelerated timeline compared to earlier projections of the late 2030s. However, SCBX stresses that technological maturity must be evaluated through system reliability, error-correction capabilities, and independently verified results rather than qubit counts alone.<\/p>\n
Global studies cited within the report estimate that quantum computing could generate approximately US$400 billion to US$<\/span>600 billion<\/b> in annual economic value for the financial services industry by 2035. While this figure represents a forward-looking projection rather than realized revenue, key high-impact use cases include risk assessment<\/b>, fraud detection<\/b>, and portfolio optimization<\/b>. Kaweewut Temphuwapat<\/b>, Chief Innovation Officer at SCBX and Chief Executive Officer at SCB 10X, noted that the primary risk for Thailand is not the late arrival of quantum technology, but rather its rapid advancement before domestic organizations are prepared. He emphasized that SCBX is actively building readiness through research, partnerships, and talent development so Thailand enters the quantum era as a contributor rather than merely a consumer.<\/p>\n To translate theoretical research into operational capabilities, SCBX R&D<\/b> has partnered with Siam Quantum Square (SQ\u00b2)<\/b> at Chulalongkorn University<\/b> since May 2026. The joint research initiative focuses on designing quantum computing algorithms for real-world financial challenges, beginning with portfolio optimization and fraud detection. Every experimental quantum approach is rigorously benchmarked against top-performing classical computing methods to verify tangible advantages and prepare architectures for future hardware scalability.<\/p>\n Alongside applied research, SCBX Group<\/b> has initiated the migration of systems protecting customer data and payment infrastructure toward quantum-safe security<\/b>. This proactive upgrade mitigates the risk of bad actors harvesting encrypted data today with the intent to decrypt it once sufficiently powerful quantum computers become available. Dr. Tutanon Sinthuprasith<\/b>, Head of R&D at SCBX, stated that the group is not waiting for hardware maturity to begin exploration, noting that rigorous benchmarking with Chulalongkorn University and ongoing security upgrades represent concrete action rather than mere statements of intent.<\/p>\n To guide domestic enterprises through the transition, the report establishes five core priorities for organizational readiness. First, businesses must identify critical business problems<\/b> by selecting two or three complex operational bottlenecks where classical computing methods only yield approximate solutions. Second, organizations need to prioritize data protection<\/b> by mapping encryption usage across their networks, focusing initially on long-lived customer records, payment systems, and digital identities.<\/p>\n Third, companies should build talent before investing in hardware<\/b> by equipping existing engineers and data scientists with foundational quantum computing skills. Fourth, enterprises are advised to build partnerships<\/b> with academic institutions, cloud service providers, and industry peers to access specialized expertise and quantum infrastructure without bearing the capital cost of hardware ownership. Fifth, decision-makers must track verifiable progress<\/b> by evaluating machine reliability, error-correction milestones, and independently validated benchmarks.<\/p>\nAdvancing Applied Research and Quantum-Safe Security<\/h2>\n
Five Strategic Priorities for Thai Organizations<\/h2>\n