University of Exeter Study Highlights Fiduciary Governance as Key to Safe Public Oversight of Quantum Computing

University of Exeter Study Highlights Fiduciary Governance as Key to Safe Public Oversight of Quantum Computing

(IN BRIEF) A study by Dr. Robert Herian from the University of Exeter Law School explores how fiduciary law could be applied to govern the emerging field of quantum computing. The study suggests that fiduciary governance, which ensures transparency and accountability in the management of resources, could mitigate risks related to the rapid development of quantum computing. It emphasizes the role of governments in overseeing the ethical and legal use of quantum computing while harnessing its potential to solve complex challenges and enhance public services, including data security and national defense.

(PRESS RELEASE) EXETER, 7-May-2025 — /EuropaWire/ — A recent study reveals that existing financial and investment legislation can play a crucial role in protecting society from the risks posed by the advancement of quantum computing. By applying fiduciary law, which is already used in the finance sector to manage assets on behalf of others, quantum computing technology can be directed in ways that are legally, ethically, and socially responsible.

While quantum computing holds the promise of solving complex problems with far greater speed and efficiency than classical computers, it also presents challenges by potentially evading human understanding and control. Fiduciary governance, which involves managing resources responsibly and transparently, could offer a structured approach to mitigating these risks within the realm of public governance.

The study, conducted by Dr. Robert Herian of the University of Exeter Law School, emphasizes that while experts are vital to the development and regulation of quantum computing, oversight and accountability should ultimately lie with governments and democratic institutions. The study suggests that the UK’s National Quantum Strategy should prioritize finding a balance between encouraging innovation and addressing the ethical concerns surrounding quantum computing.

Dr. Herian explained, “Quantum computing requires stringent oversight to ensure that the interests of citizens are protected and that those who breach ethical and legal obligations are held accountable. Fiduciary governance can complement existing regulations, including data protection and consumer rights, by offering an additional layer of responsibility in the governance of this groundbreaking technology.”

“Public trust in the governance of quantum computing is essential,” he continued. “The challenge is to create a flexible yet robust system of accountability capable of addressing the potential breaches and testing the boundaries of this emerging field.”

He further highlighted that the proper integration of quantum computing into public governance could revolutionize how governments deliver services, enhance cybersecurity, and improve resource allocation. It could provide a significant advantage in addressing the complex challenges governments face today and ensure the safety and well-being of citizens. Governments must carefully plan and invest in the development of this technology to unlock its full potential for societal benefit.

Quantum computing’s ability to optimize resources, protect sensitive data, and accelerate scientific progress could reshape the future of public policy. By employing quantum-resistant cryptographic methods, quantum computing could enhance national security and protect personal and financial information, ensuring that governments serve their citizens more efficiently.

Media Contact:

pressoffice@exeter.ac.uk

SOURCE: University of Exeter