Bullish
NEAR Protocol's Quantum-Resistant Testnet Successfully Tested by Banking Consortium
On August 23, 2026, a banking consortium led by the Responsible Fintech Institute and Safeheron conducted tests on NEAR Protocol's quantum-resistant testnet. The tests involved wallet generation and transfer simulations using NIST FIPS 204 ML-DSA-65, marking a significant advancement in blockchain security. Safeheron is developing the MPC protocol and signing app, which will be open-sourced post-testing. This collaboration includes banks like Bison Bank and DK Bank, as well as regulators from Abu Dhabi and Malta.
Key points
- NEAR Protocol's quantum-resistant testnet successfully tested by banking consortium.
- Safeheron developing MPC protocol and signing app for open-source release.
- Collaboration includes Bison Bank, DK Bank, and regulators from Abu Dhabi and Malta.
Sources
AI-generated from public news sources. Not financial advice.
