We are excited to share the news that Quantum University has reached a significant milestone! Our patent, titled “A Collaborative Mining Network (CMN) to Execute Computationally Intense Mining Tasks in Mobile Blockchain,” has been officially granted by IP Australia, the Australian government.
We owe this incredible achievement to the hard work and dedication of our Vice Chancellor, Prof. (Dr.) Vivek Kumar and the team. The patent discusses the Collaborative Mining Network (CMN), which enables mobile devices to collectively perform resource-intensive blockchain mining tasks. By working together, mobile devices can overcome individual limitations and increase efficiency and security. This ensures effective participation in computationally demanding blockchain processes.
Let’s all congratulate the entire team for their outstanding accomplishment!