В США представили концепцию токенизированного реестра для защиты от квантовых угроз Translation: In the U.S., a concept for a tokenized registry to protect against quantum threats has been presented.

The U.S. Securities and Exchange Commission (SEC) has introduced the concept of a Unified Tokenized Ledger (UTL). This proposal, detailed in a document, aims to establish a financial infrastructure that is resilient against quantum threats (PQFIF).

The initiative builds on research from the Bank for International Settlements and the Canton Network. Its primary goal is to prepare the financial sector for the time when quantum computers may compromise current encryption algorithms.

The authors emphasized that this threat is relevant to the entire industry, including Bitcoin and Ethereum networks.

At the core of the UTL is the tokenization of critical financial instruments such as central bank reserves, commercial bank deposits, and debt obligations. This will facilitate the creation of a unified programmable platform, replacing the existing fragmented systems.

The architecture of the UTL comprises three tiers:

The proposed system is claimed to achieve a throughput of 100,000 transactions per second (TPS) with scalable capabilities. Finalizing inter-network settlements takes less than 500 milliseconds.

The system will utilize post-quantum cryptographic algorithms that have been approved by the National Institute of Standards and Technology (NIST). These include:

The transition to new standards is planned to take place in phases over the next seven years.

Management of the system will adopt a three-tier structure. Central banks will define monetary policy, commercial banks will handle operations with tokenized deposits, and consortia will be responsible for smart contracts.

The SEC will be able to perform oversight functions, establish standards, and support the legal framework for the project.

The authors of the document stress that the UTL is a conceptual vision rather than a ready-to-implement plan. Its purpose is to highlight the opportunities presented by a financial system safeguarded against quantum threats.

As a reminder, in August, El Salvador distributed its National Strategic Bitcoin Reserve across 14 new addresses due to the potential threat posed by quantum computing.