Paraguay's largest bank, Ueno Bank, has announced the adoption of quantum-resistant electronic signatures and tamper-proof timestamps, pioneering the introduction of post-quantum security technology into the actual production environment. The bank is based on the QANplatform's quantum-resistant Layer-1 hybrid blockchain, combined with SignQuantum signature extensions, to provide mathematically verifiable and immutable records for electronic documents and business archives.
The move is in line with the US National Institute of Standards and Technology (NIST) -led post-quantum encryption standard and provides a replicable model for the financial industry to deal with the risk of quantum computing cracking in the future. Industry insiders say it is the first bank in the world to deploy this type of portfolio technology on a production scale, establishing a "quantum security" paradigm for Latin America and the global Financial Institutions Group.
Paraguay's largest bank, Ueno Bank, takes the lead in deploying a quantum-resistant blockchain security system
2025-09-11 20:32:31
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