Quantum Blockchain Technologies Plc - Market Update
20 Octobre 2023 - 2:16PM
PR Newswire (US)
20 October 2023
Quantum
Blockchain Technologies Plc
(“QBT” or
“the Company”)
Market
Update
The
Company refers to a message it posted yesterday on its X (formerly
known as Twitter) account which states that its proprietary Method
A and Method B software are “available as a SaaS client-server
cloud application by uploading an upgrade to the mining rigs'
firmware.”
In
addition, QBT has revised the Method A and Method B product
descriptions on its website, by stating that they are now available
as a SaaS platform (Software as a Service) and have added two
animations visualising the data obtained by running Method A and
Method B on its GPU testing platforms in time lapse.
The need
to adapt both Methods to a client-server architecture emerged from
discussions with potential BTC mining clients/partners and their
request for QBT source code to be installed on their mining rigs to
be inspected for security and other technical reasons. QBT,
however, is not prepared to share the source code of its Methods
with any third party. The Company has therefore made its Methods
available in the form of a SaaS platform to enable the core of the
Methods to be installed on a QBT protected server and accessed by
potential BTC mining clients and partners to allow them to
undertake evaluation of the Methods and this was the substance of
yesterday’s X announcement.
-ends-
For
further information please contact:
Quantum
Blockchain Technologies Plc
Francesco Gardin, CEO and Executive
Chairman
+39 335
296573
SP
Angel Corporate Finance (Nominated
Adviser & Broker)
Jeff Keating
+44
(0)20 3470 0470
Kasia Brzozowska
Leander (Financial
PR)
Christian Taylor-Wilkinson
+44
(0) 7795 168 157
About
Quantum Blockchain Technologies Plc
QBT (AIM:
QBT) is an AIM listed investment company which has recently
realigned its strategic focus to technology related investments,
with special regard to Quantum computing, Blockchain,
Cryptocurrencies and AI sectors. The Company has commenced an
aggressive R&D and investment programme in the dynamic world of
Blockchain Technology, which includes cryptocurrency mining and
other advanced blockchain applications.
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