Northwire Canada EditionWednesday, July 29, 2026
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M&A / Property

BTQ Tech launches "quantum-secure" PoC with Danal

BTQ · Price

Executive Summary

  • BTQ Technologies announced a proof‑of‑concept (PoC) with Danan Co., Ltd., Korea’s leading mobile carrier billing and Paycoin operator, to test its quantum‑secure stablecoin settlement network (QSSN).
  • The PoC will evaluate QSSN’s ability to add post‑quantum cryptography, programmable issuer controls and real‑time compliance to Danal’s payment rails while preserving the existing user experience.
  • Successful deployment could position BTX’s QSSN as a global standard for quantum‑secure digital money settlement and accelerate adoption of post‑quantum security in large‑scale payment infrastructures.

Key Details

  • Parties Involved: BTQ Technologies Corp. (provider of QSSN) and Danal Co., Ltd. (Korea’s market leader in mobile carrier billing and operator of the Paycoin PCI service).
  • Scope of PoC: Deployment across select components of Danal’s payment infrastructure to test quantum‑secure settlement, programmable issuer controls, and compliance features.
  • Target Benefits:
  • Add post‑quantum cryptography (PQC) to mitigate “harvest‑now, decrypt‑later” risks.
  • Enable issuer‑level controls such as mint/burn permissions, velocity limits, and blacklist/whitelist rules.
  • Provide compliance‑ready hooks for regulatory workflows without altering consumer or merchant checkout flows.
  • Strategic Rationale: Regulators and market infrastructures are moving toward PQC; Danal’s extensive user base (tens of millions) offers a real‑world scale environment to validate QSSN.
  • Quotes:
  • Olivier Roussen Newton, CEO of BTQ Technologies: “This PoC is about delivering quantum‑secure settlement and modern issuer controls without changing what users do at checkout… a major step toward bringing global standardization and post‑quantum readiness to everyday payments.”
  • Danal representative: “Our priority is to enhance trust, efficiency and compliance across our payment network while keeping the experience simple for users and merchants. QSSN’s design fits that mandate.”
  • Regulatory Alignment: QSSN participates in global standardization efforts (e.g., QUINSA) and has been highlighted by the U.S. PQFIF for its regulator‑friendly architecture.

Notable Quotes

  • “Danal's reach and track record make it the ideal environment to validate QSSN at real‑world scale.” – Olivier Roussen Newton, CEO, BTQ Technologies.
  • “QSSN’s design fits that mandate: add security and control where it counts, keep everything else familiar.” – Danal spokesperson.
Read the original news release →

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