Arqit Has Been Granted European Patent Number EP3850795 Titled "AUTONOMOUS QUALITY REGULATION FOR DISTRIBUTED LEDGER NETWORKS (BLOCKCHAIN SYSTEMS)"
Portfolio Pulse from Benzinga Newsdesk
Arqit has been granted a European patent for 'Autonomous Quality Regulation for Distributed Ledger Networks (Blockchain Systems)', which could enhance its technological edge in blockchain systems.

September 30, 2024 | 4:28 pm
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Arqit has received a European patent for a blockchain technology, which may strengthen its market position and technological capabilities.
The granting of a European patent for blockchain technology is a significant achievement for Arqit, as it may enhance its technological capabilities and competitive position in the blockchain industry. This development is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
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