Why does this matter? Quantum computers, when they arrive, will be game-changers in many ways—but they also have the potential to crack the encryption we rely on today. Think of everything from online banking to secure communications; they could all be vulnerable.
The three algorithms they’ve finalized are:
1. Crystals-Kyber: A super-efficient algorithm for public key encryption and key encapsulation.
2. Crystals-Dilithium: This one’s all about digital signatures, offering strong security without sacrificing performance.
3. SPHINCS+: A hash-based signature scheme that’s extremely secure, though a bit bulkier than the others.
It’s a big deal for anyone involved in tech, cybersecurity, or any industry relying on digital security—which is pretty much everyone these days.