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Researcher behind Monero’s crypto system awarded prestigious prize

lui-monero

Professor Joseph Liu of Monash University who has worked on the design behind Monero was awarded the prestigious “Researched of the year” at 2018 ACS Digital Disruptors Awards.

ACS (Australian Computer Society) recognized Professor Liu’s incredible contribution to Blockchain research. He has been developing Cryptographic Algorithms since 2004. He is well known for his contributions to the privacy-focused Monero.

He played a key role in designing Linkable Ring Signatures which is used to add a layer of privacy to the transactions. It is also documented in his Ph.D. thesis.

This experience led to Monash University nominating Liu to direct its Blockchain Lab last year. Since then, Liu has contributed to breakthrough post-quantum privacy preserving cryptographic technology that builds on his previous work, named the Lattice-Based One Time Linkable Ring Signature algorithm.

The new algorithm is focused on protecting large transactions and data transfers from being hacked by experimental, super-fast quantum computers. The technology is seen as critical to keeping blockchain relevant as the quantum computing field develops.

Unfortunately, there aren’t any cash prizes connected with ACS’ disruptor awards, but at the very least, this is another feather in the cap of cryptocurrency’s most influential minds. Congrats, Joseph!

Source : ICOnow

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