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According to The Asia Business Daily, Korean company Xecure announced that it has signed an exclusive licensing agreement in South Korea with the post-quantum infrastructure company Naoris Protocol and established a joint venture, Naoris Korea, in which Xecure holds a 51% stake. It is reported that Naoris Protocol is a company that combines blockchain with post-quantum security technologies, having launched the Sub-Zero Layer mainnet of Naoris Protocol and decentralized cryptographic proof (DPosec) technology. With this cooperation, Xecure plans to combine its existing underlying hardware distribution network to advance the R&D of post-quantum encryption technologies in the fields of smart security USIM and financial IC cards.