Consortium launches cross-regional pilot on post-quantum security with participation from banks and regulatory stakeholders
Convened by the Responsible Fintech Institute with Safeheron as technology partner, to evaluate and eventually open-source quantum-resilient infrastructure for wallet generation and digital asset transfers in a regulated, cross-jurisdiction setting. Singapore, 24 August 2026 – 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. “No single bank, vendor, or regulator solves this alone,” said Chia Hock Lai, Chairman of the Responsible Fintech Institute. “By bringing policymakers and financial institutions across jurisdictions together to test the same post-quantum architecture, and transparently sharing that research with every participant, we are building a compliance and security reference the whole industry can stand on — and a standard we all helped write.” “AI is accelerating the pace […]
