#Payments / DGB Daegu Bank uses quantum cryptography to protect app users

The IM Bank app will enable Samsung Galaxy A Quantum owners to use the handset’s quantum random number generator (QRNG) for security.

The QRNG chipset embedded in the Galaxy A Quantum phone generates true random numbers that cannot be predicted, says the telco.

The technology will be used for one-time passwords when IM Bank customers transfer money or open new accounts. The partners are also exploring other uses.