Ueno Bank Brings Its 2.2M Customers Quantum-Resistant Banking with SignQuantum and QANplatform

Core Insights - Ueno Bank is pioneering the adoption of quantum-resistant cybersecurity in the financial sector, marking a significant advancement in protecting digital operations and customer data against emerging threats [2][4]. Company Overview - Ueno Bank is Paraguay's largest bank, serving over 2.2 million customers through a network of 70 branches and 1,100 ATMs, and has established itself as a leader in financial innovation since its inception in 2021 [6]. - The bank has introduced various digital services, including fully digital onboarding and a cashless payments network, demonstrating its commitment to financial inclusion and innovation [6]. Technology Implementation - Ueno Bank has implemented SignQuantum's quantum-resistant software to ensure the integrity and authenticity of digitally signed documents, protecting sensitive data from potential falsification [3][4]. - The technology utilizes QANplatform's quantum-resistant blockchain to securely upload document hashes with post-quantum signatures, enhancing cybersecurity measures [3][4]. Industry Impact - The collaboration between Ueno Bank, ITTI, and QANplatform is set to establish a new standard of cybersecurity in the financial sector, showcasing leadership and foresight in addressing cybersecurity risks posed by quantum computing [2][3]. - The initiative is expected to inspire other financial institutions in Latin America to adopt similar quantum-resistant technologies, thereby enhancing overall cybersecurity in the region [1][2].