IDEMIA Has Demonstrated the First Offline Central Bank Digital Currency (CBDC) Payment Resistant to Quantum Computing Attacks
IDEMIA Secure Transactions has demonstrated to central banks and financial institutions the first offline central bank digital currency (CBDC) payment capability. This method provides citizens with an ultra-secure, quantum-computer-resistant offline CBDC payment method that allows for digital currency transactions even without internet connectivity. It is understood that this offline CBDC payment feature utilizes post-quantum cryptography technology that NIST is in the process of standardizing.
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NewsFlash
September 12, 2024