The Hong Kong Monetary Authority (HKMA) has unveiled its "Fintech 2030" vision, emphasizing the need to prepare for the quantum era. The HKMA aims to address potential threats posed by quantum computers, which could compromise current digital encryption methods used by financial institutions. To mitigate these risks, the HKMA plans to collaborate with the industry to develop a blueprint for transitioning to post-quantum cryptography (PQC). HKMA Deputy Chief Executive Li Da-chi described the creation of a "post-quantum encryption blueprint" as a proactive measure rather than a response to immediate risks. He emphasized the importance of the financial sector recognizing and preparing for the potential threats of quantum computing, urging the industry to develop solutions in advance.