ITTI Becomes Exclusive LatAm Distributor of SignQuantum's Quantum-Proof E-Signature Tech
ASUNCIÓN,
ITTI clients include banks, insurance companies, and public sector institutions, processing over 40% of the nation's financial transactions. By partnering with SignQuantum, it's bringing its vast range of clients in
The global digital signature market is experiencing explosive growth—currently valued at
However, today's digitally signed documents are vulnerable to "time travel" attacks by future quantum computers. Malicious actors will be able to backdate and modify the content and signature of digitally signed documents. Every document which is signed digitally today is now proven to be tamperable with a retroactive effect in the future.
The need for quantum-resistant digital signatures is becoming increasingly urgent. The U.S. National Institute of Standards and Technology (NIST) deprecates current digital signature algorithms in 2030, and urges transitioning to quantum-safe cryptography.
"This partnership is a strategic addition to our service portfolio," said
SignQuantum is a self-hosted, quantum-resistant e-signature add-on that addresses the emerging quantum threat by seamlessly integrating with popular e-signature platforms. It provides organizations with a fast-lane solution to kickstart their quantum-safe transition without disrupting existing workflows. SignQuantum uniquely solves two key challenges: maintaining digital signature authenticity and securing proof of timing. The solution utilizes NIST's primary-recommended post-quantum algorithm and leverages QANplatform, a quantum-resistant blockchain, for immutable time-stamping – ensuring document authenticity in a tamper-proof way.
"We're thrilled to partner with ITTI as the exclusive distributor to bring SignQuantum to the Latin American market," stated Nazmath Nazeer, CEO of SignQuantum. "With a strong foundation built on the trust of 9 of 22 financial institutions regulated by the Central Bank of Paraguay – and processing over 40% of the nation's financial transactions through their core software – ITTI is uniquely positioned to drive post-quantum security adoption. Their proven track record of success, particularly with their award-winning ITTI Secure solution, makes them an ideal partner to accelerate this critical transition across
Johann Polecsak, Co-Founder and CTO of QANplatform, added, "Seeing QANplatform's technology being deployed worldwide with real-life use cases like SignQuantum is incredibly exciting. This is yet another opportunity to prove that QANplatform is capable of not only safeguarding, but also handling the large volume of digital transactions coming from ITTI's clients using SignQuantum. This partnership demonstrates the growing demand for quantum-resistant blockchain solutions, and we're proud to be powering the future of secure digital signatures in
About ITTI
ITTI,
About SignQuantum
SignQuantum is a product of Quantum Software Solutions – a Qatari technology innovation and research lab – member of MBK Holding. SignQuantum prevents quantum computers from modifying digitally signed documents with its post-quantum security add-on. SignQuantum provides cutting-edge, fast-lane solution to kickstart your organization's quantum-safe transition by integrating with existing e-signature software without requiring modifications to current processes or workflows. SignQuantum leverages QANplatform, the quantum-resistant blockchain for immutable time-stamping. Visit https://www.signquantum.com for more information.
About QANplatform
QANplatform is a blockchain platform that provides unparalleled time to market for Web3 development. It serves startups, SMEs, enterprises, and large government infrastructure projects with quantum-resistant security. QAN's flagship product is a revolutionary quantum-resistant hybrid blockchain platform with smart contract functionality. It is the first to introduce technology that allows developers to build use cases in any programming language on the blockchain. QANplatform is a member of the Linux Foundation and one of the first 20 members of the Linux Foundation's Post-Quantum Cryptography Alliance (PQCA). The first EU country implemented QAN's quantum-resistant technology in 2024. Visit https://www.qanplatform.com for more information.
Contact
CEO
Nazmath Nazeer
[email protected]
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SOURCE SignQuantum
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