BTQ Technologies (BTQ)announced the successful demonstration of the first NIST-standardized post-quantum cryptography, or PQC, signature verification on the Solana blockchain. The milestone, achieved in partnership with Bonsol Labs’ verifiable computation network, addresses critical quantum security vulnerabilities identified by the Federal Reserve while maintaining Solana’s sub-second transaction speeds. Federal Reserve research confirms active “Harvest Now, Decrypt Later” attacks are already harvesting blockchain data. BTQ’s solution, utilizing Bonsol’s verifiable proving network, enables computationally intensive PQC operations to be performed off-chain while maintaining cryptographic guarantees on-chain. This approach adds quantum resistance – a critical requirement as regulatory authorities increasingly mandate post-quantum security for financial infrastructure. The partnership establishes a path to commercialization through integration with Solana’s core infrastructure. The combination of BTQ’s specialized hardware acceleration and Bonsol’s verification infrastructure creates a flywheel solution that both accelerates performance and minimizes cost barriers to PQC adoption. This positions both BTQ and Bonsol to monetize critical security infrastructure as institutional adoption accelerates and compliance requirements drive universal implementation of quantum-resistant cryptography across blockchain networks.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTQ:
- BTQ Technologies Corp. Common Stock put volume heavy and directionally bearish
- Quantum Stocks Are Heating Up as the Science Turns Into Business
- Quantum Computing News: Tokyo’s Fiber Breakthrough and BTQ’s Quantum-Safe Push Signal Europe’s Hardware Momentum
- BTQ Technologies Unveils Quantum-Safe Bitcoin Solution
- Largest borrow rate increases among liquid names
