Quantum Blockchain Technologies Plc - Non-Disclosure Agreement
PR Newswire
LONDON, United Kingdom, April 08
8 April 2025
Quantum Blockchain Technologies plc
("QBT" or "the Company")
Non-Disclosure Agreement
Quantum Blockchain Technologies (AIM: QBT), the AIM-listed R&D and investment company focused principally on the development of AI technology to provide efficiencies in Bitcoin mining, is pleased to announce that, following its attendance at the Mining Disrupt 2025 conference, it has signed a Non-Disclosure Agreement ("NDA") with a leading manufacturer of ASIC chips for bitcoin mining.
The Company will be giving an in-depth presentation of the Method C AI Oracle technology to the manufacturer during April, followed by a period of testing by the manufacturer, to confirm the AI Oracle's performance on their ASIC chip's architecture. The testing will be carried out under the supervision of a member of QBT's R&D team.
Francesco Gardin, CEO and Chairman of QBT, commented, "This NDA, on the back of a successful conference in Florida last week, is another step closer to third-party endorsement and ultimately, a commercial deal. Although early days, we will be working closely with our NDA partner to help them achieve the same results as we have obtained live in our Milan testing lab."
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For further information please contact:
Quantum Blockchain Technologies Plc +39 335 296573
Francesco Gardin, CEO and Executive Chairman
SP Angel Corporate Finance (Nominated Adviser & Broker) +44 (0) 20 3470 0470
Jeff Keating
Leander (Financial PR) +44 (0) 7795 168 157
Christian Taylor-Wilkinson
About Quantum Blockchain Technologies Plc
QBT (AIM: QBT) is a London Stock Exchange AIM listed Research & Development and investing company focused on an intensive R&D programme to disrupt the Blockchain Technologies sector which includes, cryptocurrency mining and other advanced blockchain applications. The primary goal of the R&D programme is to develop Bitcoin mining tools and techniques, via its technology-driven approach, which the Company believes will significantly outperform existing market practices.
