"Silence Laboratories has introduced what it describes as the first quantum-resistant vault for digital asset custody, marking an early attempt to address a risk that many in the industry still consider years away but increasingly unavoidable."
"The company's new infrastructure retains that model while replacing traditional signature schemes with ML-DSA, a quantum-resistant algorithm standardized by the U.S. National Institute of Standards and Technology in 2024."
"MPC is already widely used in institutional custody, allowing multiple parties to share control over private keys rather than relying on a single point of failure."
Silence Laboratories has introduced a quantum-resistant vault for digital asset custody, addressing potential risks from quantum computing. The system combines multi-party computation with post-quantum cryptography, allowing institutions to enhance security without major infrastructure changes. The vault utilizes the ML-DSA standard from NIST, enabling gradual upgrades for financial institutions. Early tests involve Bitgo and Infosys, indicating a growing focus on quantum risk in the industry. The initiative aims to prepare crypto assets for future threats while maintaining existing custody models.
Read at news.bitcoin.com
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