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IJSRTD | Research Paper Details

Research Paper Details

TitleQuantum-Resistant Cryptography for Next-Generation Financial Systems
Research AreaQuantum Computing
AbstractThe advent of quantum computing presents a significant threat to classical cryptographic algorithms that secure modern financial systems. Public key infrastructures such as RSA and ECC are particularly vulnerable to Shor’s algorithm, which can break these encryption schemes in polynomial time. This paper investigates quantum-resistant cryptographic protocols, focusing on lattice-based, hash-based, and multivariate polynomial approaches for securing financial transactions. Comparative simulations demonstrate that lattice-based algorithms, specifically NTRU and CRYSTALS-Kyber, offer robust security while maintaining feasible computational overhead. The findings highlight the urgent need for financial institutions to adopt post-quantum cryptography (PQC) frameworks to safeguard digital payments, banking systems, and blockchain applications in the quantum era.
KeywordsQuantum Computing, Post-Quantum Cryptography, Financial Security, Blockchain, Lattice-Based Encryption.
Paper StatusPublished
Volume1
Issue1
Published On21/01/2025
Published File IJSRTD_4843.pdf