Bank of America Corporation
QUANTUM COMPUTING BASED REAL-TIME VERIFICATION SYSTEM

Abstract:

Aspects of the disclosure relate to quantum computing based real-time verification system. A computing platform may receive one or more features of a transaction by a customer, and retrieve, from a plurality of data sources, one or more attributes that may impact the transaction. Then, the computing platform may identify a plurality of business rules applicable to the transaction. Then, the computing platform may transform, based on the one or more features of the transaction, the one or more attributes that may impact the transaction, and the plurality of business rules applicable to the transaction, the transaction to sequence of quantum bits. Subsequently, the computing platform may determine a risk score for the sequence of quantum bits. Then, the computing platform may determine whether the transaction is valid, and provide an alert to the transaction processing platform.