Patent Applications Update

Quantum Blockchain Technologies plc (AIM: QBT), the AIM-listed investment company focused principally on a research, development and investment programme within blockchain technology is pleased to provide

the following update

on the status of its three patent application families filed to date. Each patent application family relates to a respective invention and contains multiple applications in various jurisdictions.

Shareholders are able to access the relevant Patent Office websites and monitor the progress of each of the applications themselves although QBT will inform the market promptly of any material change in the status of any application.

In the Status column of the above table, ‘Pending’ means that the examination is still ongoing, as is the case of the US patent application for ASIC Ultra Boost. In this particular case, the agreed wording for each patent’s claims, which

legally define the scope of protection sought for the invention,

has been agreed with the US Patent Office & Trademark (“USPTO”) examiner, which generally indicates a positive final stage of the examination process.

As also stated in the table, QBT has abandoned its initial UK applications in favour of patent applications filed under the European Patent Convention (“EP”), which covers 39 European countries, including the UK.

Francesco Gardin, CEO and Executive Chairman of QBT, commented

, “The approval process of patent applications can be a long one, which could take many years. However, being granted a patent for a new product is the only option if one wishes to build and then protect an IP portfolio with inventions. As previously confirmed to the market, some of QBT’s technology will remain an industrial trade secret, while other inventions will be protected via patents. A number of factors are being considered by the Company for each of its software innovations in order to best protect our intellectual property.”