VANCOUVER, BC, January 27, 2025 -- BTQ Technologies Corp. (the "Company"), a global quantum technology company focused on securing mission-critical networks, is pleased to announce to announce the publication of the research paper "Proof-of-Work Consensus by Quantum Sampling" in the prestigious journal Quantum Science and Technology, published by IOP Publishing. This peer-reviewed, open-access article marks a significant milestone in advancing sustainable and quantum-secure blockchain technology.

The paper, co-authored by BTQ researchers, introduces a novel approach to use boson sampling to improve blockchain consensus. Blockchain consensus is the process that ensures all transactions are validated and recorded securely across a network. The proposed method uses coarse-grained boson sampling to perform these validations more efficiently while significantly reducing energy consumption compared to traditional methods."

Key Highlights:

• Innovative Technology: The research demonstrates how CGBS can enable a new type of Proof-of-Work (PoW) consensus, replacing energy-intensive calculations in traditional blockchain mining with efficient quantum processes. This innovation makes blockchain systems faster and more sustainable.
• Energy Efficiency: Unlike conventional PoW, which requires immense computational power and high energy consumption, this approach utilizes quantum hardware to complete mining tasks with minimal energy.
• Post-Quantum Security: The proposed approach is designed to resist attacks from quantum computers, ensuring long-term security for blockchain systems as technology evolves.

This research addresses a major challenge in blockchain technology: balancing security with sustainability. Traditional PoW systems, such as those used in Bitcoin, demand substantial energy to function. The quantum-powered alternative proposed in this paper offers a more eco-friendly solution without compromising security. Furthermore, it showcases a practical application for emerging quantum computing technology, marking a significant step toward its commercialization.

"This research reflects BTQ's commitment to driving innovation at the intersection of quantum computing and blockchain technology," said Nicolas Roussy Newton, COO of BTQ Technologies. "By introducing a sustainable and quantum-secure approach to consensus, we are tackling environmental challenges and ensuring the future viability of blockchain systems. This is crucial for maintaining trust and efficiency in decentralized networks."

This publication underscores BTQ's leadership in quantum technologies and highlights the Company's strategy to capitalize on emerging opportunities while mitigating risks in blockchain and cybersecurity. The research demonstrates BTQ's ability to translate cutting-edge science into scalable, market-ready solutions that align with global trends in sustainability and quantum readiness.

The publication underwent a rigorous peer-review process, underscoring the quality and impact of the work. It is available for open access on the Quantum Science and Technology website, ensuring wide dissemination to the global scientific and technology communities.