QuFi Unveils Post-Quantum Verification Platform for Blockchain Protection
QuFi Network has launched a post-quantum verification platform aimed at protecting digital assets from potential future quantum computing attacks. The platform separates 'verification' from 'settlement,' so transactions can be validated with post-quantum cryptography while value is ultimately settled on familiar networks.
The company's approach uses three post-quantum cryptographic standards, ML-DSA-65, SLH-DSA, and ML-KEM-1024, to handle signatures and secure key exchange. This design helps reduce potential increases in storage, bandwidth, and computation that can come with using larger post-quantum primitives directly within blockchains.
QuFi also introduced uBTC, a proof of concept that applies the verification system to Bitcoin collateral. uBTC is currently running on Bitcoin testnet, with redemptions designed to complete as standard Bitcoin transactions after the verification step produces cryptographic proofs that govern how value can move between settlement environments.