/C O R R E C T I O N from Source -- BTQ Technologies Corp./
In the news release,
BTQ Technologies Launches QSSN Proof-of-Concept with Danal, Korea's Mobile Payments Leader
World's First Large-Scale Trial of Quantum-Secure Stablecoin Settlement Network
BTQ ×
What's being tested: QSSN adds post-quantum security, programmable issuer controls (mint/burn, velocity limits, lists), and real-time compliance hooks while preserving today's consumer and merchant UX, leveraging Danal's reach to tens of millions of users across e-commerce, gaming, digital content, and offline retail.
Why now (reg + standards): The PoC addresses "harvest-now, decrypt-later" risk and aligns with global standardization efforts (e.g., QUINSA,
The PoC will evaluate how QSSN can add quantum-secure settlement, programmable issuer controls, and real-time compliance features to Danal's existing rails while maintaining today's user experience for consumers and merchants.
Danal's Reach and Relevance
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Market leader: Holds the leading market share in mobile carrier billing in
Korea . -
Massive reach: Payment infrastructure serves tens of millions of users via telecom partnerships and online merchants.
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Pioneering fintech: Operates Paycoin (PCI), among
Korea's first and most widely adopted crypto-based payment services, accepted by thousands of merchants. -
Established and listed: Founded in 1997 and publicly listed on KOSDAQ (064260).
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Diversified footprint: Solutions span e-commerce, gaming, digital content, and offline retail, embedding Danal in
Korea's digital economy. -
Global presence: Subsidiaries and partnerships in the
United States ,China , and other regions. - Institutional trust: Long-standing relationships with telecom operators, banks, and regulators in a stringent financial environment.
Regulation, PQC Readiness, and Standards Alignment
Regulators and market infrastructures are moving to post-quantum cryptography to mitigate "harvest-now, decrypt-later" risk, creating clear urgency for quantum secure settlement. QSSN is leading global standardization efforts for quantum-secure digital money, including initiatives advanced through QUINSA, and has been highlighted by the
"Danal's reach and track record make it the ideal environment to validate QSSN at real-world scale," said
"Our priority is to enhance trust, efficiency, and compliance across our payment network while keeping the experience simple for users and merchants," said a Danal Official. "QSSN's design fits that mandate: add security and control where it counts, keep everything else familiar."
About QSSN
QSSN is BTQ's quantum-secure settlement layer for stablecoins, tokenized deposits, and other digital money instruments. It provides:
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Post-quantum cryptography for long-term security;
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Issuer-level controls such as mint/burn permissions, velocity limits, and blacklist/whitelist rules;
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Compliance-ready hooks to support existing regulatory workflows;
- Drop-in integration that preserves current user and merchant flows.
About Danal
Founded in 1997 and listed on KOSDAQ (064260), Danal is
About BTQ
Connect with BTQ: Website | LinkedIn | X/Twitter
ON BEHALF OF THE BOARD OF DIRECTORS
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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