Quantum Blockchain Technologies PLC (AIM:QBT) chairman and CEO Francesco Gardin discussed the company’s patent application for its AI Oracle technology with Proactive’s Stephen Gunnion. Gardin explained the intricate process behind filing the patent, which protects a groundbreaking algorithm designed to enhance the efficiency of ASIC chips in Bitcoin mining.
He described how the Oracle leverages advanced AI training methods to evaluate inputs and improve processing efficiency without compromising the chip’s clock speed. Gardin noted that initial testing on FPGA hardware confirmed the Oracle’s feasibility and performance, achieving superior results by reducing unnecessary computations.
Looking ahead, Quantum Blockchain plans to refine the Oracle further, provide live demonstrations, and seek licensing deals with ASIC manufacturers. Gardin highlighted the involvement of industry expert Jose Rios in facilitating these partnerships, reinforcing the company’s commercial strategy.
As Gardin emphasised, “The prerequisite to go out to the world and tell us what we can do was to file the patent and …