Core Viewpoint - The article discusses the launch of the world's first large-scale trial of a Quantum-Secure Stablecoin Settlement Network (QSSN) by BTQ Technologies in collaboration with Danal, aimed at enhancing payment security and compliance in the digital economy [1][4]. Group 1: QSSN Overview - QSSN integrates post-quantum security, programmable issuer controls, and real-time compliance features while maintaining user experience for consumers and merchants [2][5]. - The Proof-of-Concept (PoC) will assess how QSSN can enhance Danal's existing payment infrastructure with quantum-secure settlement capabilities [5][10]. Group 2: Regulatory Context - The PoC addresses the "harvest-now, decrypt-later" risk and aligns with global standardization efforts in post-quantum cryptography, demonstrating the feasibility of deploying PQC at a national scale without operational disruption [3][7]. - QSSN is positioned as a leader in global standardization for quantum-secure digital money, supported by initiatives from QUINSA and recognition from the U.S. PQFIF [7][8]. Group 3: Danal's Market Position - Danal is the leading mobile carrier billing provider in Korea, serving tens of millions of users through telecom partnerships and online merchants [9][10]. - The company operates Paycoin (PCI), one of Korea's first widely adopted crypto-based payment services, and has a diversified presence across e-commerce, gaming, digital content, and offline retail [9][10]. Group 4: BTQ Technologies Profile - BTQ Technologies is a global quantum technology company focused on securing mission-critical networks and is publicly listed on Nasdaq [4][11]. - The company aims to facilitate the transition from classical networks to the quantum internet, backed by a comprehensive patent portfolio and a full-stack quantum computing platform [11].
BTQ Technologies Launches QSSN Proof-of-Concept with Danal, Korea's Mobile Payments Leader