Paraguay Ueno Bank uses quantum-resistant technology to ensure financial security
Source: Binance
Time: 2025-09-12 06:25:35
According to ChainCatcher, Ueno Bank, Paraguay's largest bank, announced the use of quantum electronic signatures and tamper-proof timestamps to introduce post-quantum security technology into the actual production environment.
The bank is based on QANplatform’s anti-quantum Layer-1 hybrid blockchain, combined with SignQuantum signature extension, to provide tamper-free records for electronic documents and business archives. This move complies with the NIST-led post-quantum encryption standard.
Industry insiders said that this is the world's first bank to deploy such combination technologies at production scale, establishing a "quantum security" paradigm for financial institutions in Latin America and even around the world.