The post Cardano, Ethereum Launch Quantum-Secure Identity Wallet appeared on BitcoinEthereumNews.com.

Cardano teams up with Ethereum to launch quantum-secure identity wallet using PQC standards. New wallet designed to resist quantum attacks as crypto prepares for next-gen blockchain threats. Veridian ID platform and wallet showcase Cardano’s lead in post-quantum blockchain innovation. Cardano, working with the Ethereum Foundation, announced a new identity wallet designed to be secure against quantum computing threats, advancing blockchain security and digital identity management.  Announced by Frederic Gregaard, CEO of the Cardano Foundation, the wallet leverages post-quantum cryptography (PQC) to safeguard users against potential threats posed by quantum computing. Standard cryptographic methods (such as RSA and ECC) are vulnerable to quantum attacks, but PQC algorithms are designed to resist such vulnerabilities. This partnership between Cardano and Ethereum won’t just stop at individual wallets as the goal is to continue developing quantum-secure solutions that can be implemented across various blockchain platforms. Earlier this month, Cardano launched an open-source digital identity platform called Veridian. The platform gives users control over their digital identities by utilizing decentralized identifiers (DIDs) and verifiable credentials. Veridian is designed to be interoperable across different systems and industries, which is yet another move to increase privacy and security in digital interactions. The introduction of quantum-resistant technologies like the identity wallet and Veridian platform positions Cardano at the forefront of blockchain security innovation, and it will be interesting to see what else is in store for the future. Why Quantum Computing Threatens Current Blockchain Encryption Quantum computers use quantum bits instead of classical bits and can process massive amounts of information in parallel. Whereas traditional computers might take centuries to solve complex problems, a sufficiently advanced quantum computer could solve them in a matter of minutes or hours. This poses a serious problem and threat to the crypto industry, as most of today’s public-key cryptography (which is used…

---

Filed under: News - @ April 30, 2025 10:25 pm