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Non-Disclosure Agreement

8th Apr 2025 07:00

Quantum Blockchain Technologies Plc - Non-Disclosure Agreement

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."

 

 

-ends-

 

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.




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