Zumo and Quantum Chain to build quantum-safe UK financial systems

Zumo, a UK-registered digital asset provider, is partnering with Quantum Chain to develop financial infrastructure using post-quantum cryptography for UK institutions. Their collaboration targets asset managers, banks, and digital payment networks, offering security measures resilient against future quantum computing cyber risks. The initiative aligns with new UK financial regulations and focuses on regulated uses like CBDCs, stablecoins, and tokenized deposits, aiming to protect essential financial operations against emerging threats.

• Collaboration targets UK regulated institutions and digital payments
• Uses post-quantum cryptography to guard against quantum threats
• Focus includes CBDCs, stablecoins, and tokenized assets
• Integration supports cross-border settlement and institutional custody
• Aligns with UK’s updated cryptoasset regulatory framework