Chinese blockchain platform ChainMaker says it has new technology to keep it secure from quantum attacks

Developers say a digital signature algorithm further secures information transmission between financial institutions, official news agency reports. Also known as Chang’An Chain, it is China’s first independent blockchain platform and was developed by a state-backed Beijing consortium. — SCMP

Chinese home-grown blockchain platform ChainMaker has been equipped with technology that can resist attacks from classical and quantum computers, according to state-owned China News Service.

Developers of the enterprise blockchain – also known as Chang’An Chain – said the new technology further secures information transmission between financial institutions, making online transactions safer, the news agency reported on Monday.