BTQ Technologies Partners with Finger Inc. for QSSN Deployment and PQC Banking Services Proof of Concept

BTQ Technologies Collaborates with Finger Inc. for QSSN Deployment

BTQ Technologies Corp., a pioneer in quantum technology, has made waves in the fintech space by announcing the deployment of its Quantum Secure Stablecoin Network (QSSN). This cutting-edge initiative marks the first large-scale trial aimed at integrating quantum secure capabilities into stablecoin settlements, partnering with Finger Inc., Korea's largest banking solutions provider.

Expanding the Pilot Program

Finger Inc. has joined Danal in the QSSN pilot program initiated by BTQ. As the financial landscape shifts towards a focus on bank-led stablecoin security, BTQ is strategically positioned to provide solutions that bridge both banking and commercial channels. This collaboration aims at enhancing the security and efficiency of cryptocurrency transactions while maintaining the user experience that customers are accustomed to.

A Gradual Rollout of PQC Services

The introduction of Post-Quantum Cryptography (PQC) is a significant aspect of the QSSN program, allowing banks to gradually incorporate advanced cryptographic measures to safeguard high-volume settlements. The PoC not only validates the QSSN's capabilities but also ensures that customer experiences remain unchanged during this transition. By employing partial banking networks for trial purposes, users will not notice disruptions in services.

Path to Controlled Commercialization

The QSSN's rollout involves meticulous planning, following QUINSA guidelines designed to enhance compliance and interoperability. BTQ is aiming for a seamless transition from proof of concept to controlled commercialization, ensuring that regulatory requirements and partner readiness are prioritized. As the industry moves towards the adoption of quantum secure digital currencies, the QSSN stands out as a well-structured pilot program.

Olivier Roussy Newton, CEO of BTQ Technologies, noted the significance of this collaboration, stating, "This is a first-at-scale moment for quantum secure settlement and PQC in banking. With Danal already in the program and Finger now joining, we are validating QSSN for high-volume settlement and introducing PQC services on partial banking networks while keeping customer and merchant experiences unchanged."

Finger Inc.: A Leader in Banking Solutions

Founded in 2000, Finger Inc. has amassed over two decades of expertise in fintech and digital banking. As a key developer of mobile banking applications for several major Korean banks, their integration into the QSSN pilot reinforces its credibility and reliability. Finger's strong banking relationships and technological innovations, such as their Mobile Enterprise Application Platform (MEAP), position them strategically to deliver optimized financial solutions to a growing user base.

Ahn Injoo, CEO of Finger Inc., emphasized their commitment to secure digital banking. "BTQ's approach lets us introduce PQC and QSSN where they matter most while keeping our mobile and online experiences familiar to millions of users.”

The Future of Quantum Secure Solutions

As the pilot progresses, expectations for further partnerships and expansions exist, signaling a promising trajectory for quantum secure financial services. The groundwork laid by BTQ and Finger could usher in a new era of digital transactions, characterized by heightened security and efficiency.

By prioritizing standard alignment and regulatory compliance, the QSSN initiative aims to not only enhance transactional security but also support future developments in the fintech ecosystem. The road ahead looks promising as BTQ Technologies continues its mission to transform financial networks through innovative quantum solutions.

In summary, the collaboration between BTQ Technologies and Finger Inc. sets a new benchmark for integrating quantum security in banking systems. As both entities advance their efforts, the financial sector eagerly anticipates the successful implementation and commercialization of the Quantum Secure Stablecoin Network, paving the way for improved security measures in our increasingly digital economy.