RFI and Safeheron Test Post-Quantum Cryptography for Digital Asset Transactions

Insider Brief

• The Responsible Fintech Institute and Safeheron have launched a cross-regional pilot to test post-quantum cryptography for digital asset transactions with financial institutions and regulatory stakeholders.
• The pilot will evaluate an MPC protocol supporting NIST’s ML-DSA-65 standard through wallet generation and on-chain transfers on the quantum-resistant NEAR testnet.
• Participating institutions will examine technical performance, cross-border interoperability, operational resilience and governance, with a research whitepaper and eventual open-source release planned.

Press release – The Responsible Fintech Institute (RFI) and Safeheron have launched a pilot initiative to evaluate post-quantum cryptography for digital asset transactions, with participation from selected financial institutions and regulatory stakeholders across multiple jurisdictions. The initiative is designed to move quantum-safe financial infrastructure from concept into practical testing with participating institutions.

The pilot will focus on a post-quantum cryptography (PQC) research program built around a multi-party computation (MPC) protocol that supports ML-DSA-65, the NIST FIPS 204 digital signature standard, with participant testing covering wallet generation and on-chain transfer activity on the quantum-resistant NEAR testnet. The initiative brings together banks and regulators from multiple jurisdictions to examine cross-border interoperability, operational resilience and governance considerations in parallel with technical evaluation.