Banks and financial regulators from Europe, the Middle East and Asia joined a cross regional pilot testing post quantum security for digital asset wallets and blockchain transfers on Aug. 24.
Summary
- Two banks will test quantum resistant wallets and transfers on a specialized NEAR testnet environment.
- Regulators from Abu Dhabi, Bhutan and Malta will initially observe the pilot’s first phase activities.
- The protocol combines multiparty computation with NIST standardized ML-DSA-65 signatures for secure digital asset transfers.
- Organizers plan a white paper covering test results before eventually releasing the underlying protocol publicly.
- No cryptographically relevant…
