Daemen and Rijmen Receive BBVA Award For AES
In 2026, the BBVA Foundation awarded its 18th Frontiers of Knowledge Award in Information and Communication Technologies to Joan Daemen and Vincent Rijmen for designing Rijndael, which became the Advanced Encryption Standard (AES). The committee highlighted their open-source decision and AES's 2001 U.S. standardization and later international adoption, noting it now secures data on billions of connected devices worldwide.
Key Points
- 1Awarding Daemen and Rijmen for creating Rijndael, the AES algorithm adopted as global encryption standard
- 2Acknowledging decisive open-source release and rigorous scrutiny that enabled widespread trust and standardization
- 3Highlights continued reliance on AES for securing data across devices, networks, and cloud services
Scoring Rationale
Recognizes industry-wide cryptography impact and official sourcing; limited novelty since AES is an established, two-decade-old standard.
Sources
Public references used for this report.
Practice with real FinTech & Trading data
90 SQL & Python problems · 15 industry datasets
250 free problems · No credit card
See all FinTech & Trading problems

