CurrencyNet has successfully assisted the Bank for International Settlements (BIS) in achieving a groundbreaking milestone—processing 10,000 transactions per second (TPS). This exceptional performance was enabled by leveraging the concepts from CurrencyNet’s proprietary Quantum-Safe Payment System (QPS), an advanced technology developed by CurrencyNet that integrates quantum-resistant cryptography to protect against future quantum computing threats.
During the collaboration with BIS, CurrencyNet leveraged its specialized expertise in performance engineering—initially developed and refined while building QPS—to help BIS significantly scale their payment processing capability. QPS not only ensures transactions remain secure against quantum attacks but also delivers unprecedented throughput, scalability, and reliability required by modern central bank infrastructures.
CurrencyNet CEO Animesh Ghosh remarked, “We’re extremely proud to leverage our proprietary QPS technology and deep-rooted performance engineering experience to help BIS achieve this extraordinary milestone. Reaching 10,000 TPS demonstrates our commitment to providing central banks globally with robust, scalable, and future-proof payment systems.”
This landmark achievement solidifies CurrencyNet’s leadership position, empowering financial institutions and central banks worldwide to proactively secure their payment systems while handling transaction volumes required by today’s dynamic global financial landscape.
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