Pune
June 25, 2026
C-DAC Pune, HPC-Tech Group, in collaboration with C-DAC Noida, IIT Bhilai, and IBITF Bhilai, successfully organized a one-day workshop on "FinTeQ: Quantum-Safe Financial Transaction Framework" under the MeitY-supported FinTeQ Project on June 25th, 2026.
The workshop witnessed participation from representatives of MeitY, RBI, NPCI, DSCI, IDBI Bank, Mastercard, Bajaj Finserv, CredenTek, Fortytwo Labs, IISER Pune, and C-DAC centres at Pune, Noida, and Mumbai, among other leading organizations from the government, academia, and the Banking, Financial Services, and Insurance (BFSI) sector.
C-DAC Pune, HPC-Tech Group, demonstrated a pilot implementation of quantum-secure Business-to-Business (B2B) financial transactions using its in-house developed QKD with Key Management System. The demonstration highlighted the practical application of quantum-generated encryption keys for securing high-value enterprise financial communications. The demonstration illustrated the seamless integration of indigenous quantum-safe technologies for building next-generation secure financial communication infrastructure.
A technical presentation and live demonstration of "TrusToken V3.0 – Quantum-Safe Hardware Security Token" were delivered by the C-DAC Noida,Embedded Systems Group in collaboration with IIT Bhilai. Developed in compliance with BIS IS 16695, the indigenous PKCS#11-compliant hardware security token is built on SCOSTA-OS and offers multi-factor authentication, tamper-resistant architecture, cross-platform interoperability, and secure digital signature capabilities.
The key highlight of the workshop was the successful demonstration of a "Q-VPN using TrusToken" use case. The proof-of-concept established a secure Virtual Private Network (VPN) tunnel authenticated using TrusToken, while encryption keys generated through Quantum Key Distribution (QKD) were securely distributed via the Key Management System (KMS).
