Handisoft and Korea Information Certificate Authority to Integrate Electronic Approval and Contracts… Targeting the ‘Quantum Security Groupware’ Market




Photo of the MOU signing. From the left, Taemook Cho, CEO of Korea Information Certification, and Haeseok Lee, CEO of Handisoft. Provided by Handisoft


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Handisoft is joining forces with Korea Information Certificate Authority to establish a next-generation work platform that seamlessly connects electronic approval, electronic contracts, and electronic signatures. The two companies also plan to accelerate their entry into the public and corporate markets by expanding their cooperation to include security technologies based on post-quantum cryptography (PQC).

Handisoft, a company specializing in public sector groupware, announced on June 9 that it had signed a strategic business partnership agreement (MOU) with Korea Information Certificate Authority. This agreement aims to combine the groupware and electronic approval technologies of both companies with their authentication, electronic contract, and security technologies to build a work infrastructure optimized for digital transformation (DX) and artificial intelligence transformation (AX).

Through this cooperation, the companies will pursue business collaboration in electronic contract services, joint development and commercialization of solutions based on post-quantum cryptography, and the discovery of new business models through technology and solution integration.

The core goal is to integrate Handisoft’s electronic approval system with Korea Information Certificate Authority’s electronic contract and electronic signature platforms. Previously, internal approvals and external contract processes were managed separately, which often resulted in repetitive work and administrative burden throughout the process of drafting, approving, sending, electronically signing, and storing contracts.

To address this, the companies plan to establish a structure that automatically links approval information and contract documents to the electronic contract process once electronic approval is completed. This will enable a one-stop environment for handling not only consumer contracts such as employment agreements but also business-to-business contracts including purchase agreements, service agreements, supply contracts, MOUs, and Non-Disclosure Agreements (NDAs), covering everything from contract dispatch and external signatures to contract status management after approval.

Handisoft intends to leverage its sales network in the public sector groupware market to expand the supply of integrated electronic contract solutions. The company explained that by combining Korea Information Certificate Authority’s authentication and electronic signature technology with Handisoft’s experience in building public and corporate work systems, significant synergies are expected in the groupware-based electronic contract market.

Korea Information Certificate Authority, an IT security company affiliated with Daou Kiwoom Group, currently holds the top market share in the domestic joint authentication certificate market. It is also qualified as both an electronic signature certification service provider and an identity verification institution.

The two companies will also strengthen their collaboration in the field of post-quantum cryptography, which is drawing attention as a future security technology. This move comes as the government has begun to actively promote policies for the transition to post-quantum cryptography, increasing the need for next-generation cryptographic systems in public and corporate work systems.

Accordingly, they are reviewing ways to apply PQC technology to core groupware functions such as authentication, electronic approval, document distribution, and electronic contracts. Their goal is to establish a security system that will allow safe work processes even in a future quantum computing environment.

Lee Haeseok, CEO of Handisoft, stated, “The integration of electronic approval and electronic contracts is the area of work automation that public institutions and corporate clients can most readily experience,” and added, “We will provide a one-stop work environment that connects approval, contracts, signatures, and storage.”

He continued, “Post-quantum cryptography is a next-generation security challenge that public institutions and corporations must prepare for. We will proactively enhance the security of public work systems and aggressively target the next-generation groupware market that combines AI and security.”

Meanwhile, Handisoft recently won a contract worth 2.15 billion won to build an AI groupware system for the Korea Veterans Welfare and Healthcare Corporation. The company plans to use this collaboration with Korea Information Certificate Authority as a stepping stone to expand its presence as a public AX work platform company that combines electronic contracts, authentication, security, and AI functions.

This cooperation is interpreted as a strategy to take the lead in the next-generation work platform market for public and corporate clients by combining electronic approval and electronic contract automation with post-quantum cryptography-based security technology.

This content was produced with the assistance of AI translation services.

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