Donald Trump · NIST · Federal Reserve (FED) · The Information · The Block
President Donald Trump signed two executive orders on Monday aimed at accelerating U.S. quantum computing capabilities
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"The implications are government dollars and time spent towards realizing those goals," Project Eleven CEO Alex Pruden told The Block via email, referring to the dual offensive and defensive goals of Trump’s EOs to achieve post-quantum security.
Key facts
- NIST-standardized PQC algorithms are the official U.S. Federal Information Processing Standards (FIPS) designed to resist quantum attacks beginning in 2024, including ML-KEM (FIPS 203), ML-DSA
- Project Eleven, which is building tools to help Bitcoin prepare for quantum threats, raised $20 million in a Series A funding round led by Castle Island Ventures earlier this year
- The implications are government dollars and time spent towards realizing those goals," Project Eleven CEO Alex Pruden told The Block via email, referring to the dual offensive and defensive goals
- It also "sets an explicit deadline to adopt PQC by 2031," Pruden said
Summary
President Donald Trump signed two executive orders on Monday aimed at accelerating U.S. quantum computing capabilities, a move that some crypto-industry experts argue will be a boon to quantum-secure blockchain R&D. The orders, EO 14409 on securing the nation against advanced cryptographic attacks and EO 14411 on ushering in the next frontier of quantum innovation, establish concrete timelines, including a push for quantum sensors by September 2028 and full post-quantum cryptography (PQC) migration for federal high-value assets and high-impact systems by the end of 2031. Trump’s orders come amid growing awareness of the quantum threats to the cryptography underpinning blockchains.