Scientists from Monash University and the Commonwealth Scientific and Industrial Research Organisation in Australia have created the most efficient quantum-safe encryption algorithm to date, called "LaV". The algorithm uses end-to-end encryption to resist the powerful attacks of quantum computers, and is expected to strengthen the security of systems such as online transactions, instant messaging services, data privacy, cryptocurrencies, and blockchain. The relevant paper has been submitted to the 43rd International Cryptology Conference held in Santa Barbara, USA.