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BTQ Technologies ( (TSE:BTQ) ) has issued an update.
BTQ Technologies has announced the publication of its research paper on a quantum-based Proof-of-Work consensus method in the journal Quantum Science and Technology. This novel approach, which uses coarse-grained boson sampling, aims to improve blockchain transaction validation efficiency while reducing energy consumption, potentially impacting the blockchain industry by making systems faster and more sustainable.
More about BTQ Technologies
BTQ Technologies Corp. is a global quantum technology company that focuses on securing mission-critical networks. It is involved in the development of sustainable and quantum-secure blockchain technologies.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$7.87M
For a thorough assessment of BTQ stock, go to TipRanks’ Stock Analysis page.
