Patent Applications Update

Summary by AI BETAClose X

Quantum Blockchain Technologies Plc has provided an update on its patent applications, noting that its UK application for "ASIC Ultra Boost" is being abandoned in favour of a European regional phase application, while the US application for the same technology is pending with claims agreed upon with the USPTO examiner. The company has also abandoned its UK application for "Message Schedule Arrays" in favour of European and other international filings, and its UK application for "Method C Bitcoin Mining" is being abandoned for a European regional phase application. The CEO highlighted that patent approvals can be lengthy but are crucial for protecting intellectual property, with some technology remaining as trade secrets.

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