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Amtronics India Update/QD Blockchain Webinar 9/

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Post# of 22467
(Total Views: 769)
Posted On: 12/02/2019 11:26:03 PM
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Posted By: Quantum Dots Rock
Amtronics India Update/QD Blockchain Webinar

9/28/2019, 6:19:14 AM

Assam is focusing on Quantum Dot solar as that is the focus of their license agreement. and the update.

Quantum Materials Corp Provides Update on Expansion of Tech City in Assam, India

Construction of Expanded Facility Continues; QD Production to Commence in Q1 Annual Projected QD Volumes to Exceed Original Expectations

San Marcos, TX, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Leading American nanomaterial and cadmium free quantum dot producer and product company Quantum Materials Corp (OTCQB:QTMM) today provided an update on the expansion and construction progress of Tech City in Assam, India, and on the planned commencement of the production of QDXTM Dots there.

Originally planned to occupy 20,000 sq. ft., Tech City is now being constructed to a 75,000 sq. ft. footprint, with redesigned waste management and recycling systems to support the multi-story quantum dot laboratory and factory complex.

“Production of QDXTM Dots is expected to begin in Q1 2020, ahead of the completion of the entire facility,” said Dr. Tony Balchin, CEO of Amtronics India LLC, which is coordinating the project and is the licensee of QMC’s QDXTM Reactor technology. “Despite unprecedented monsoon rainfall in the region, our offsite prefabrication work has continued to allow for expedited installation onsite. Project funding is progressing as planned, which also allows us to advance onsite work.”

QMC intends to upgrade the reactors at Tech City to connect them to its QDXTM Ledger blockchain platform. This will allow the volume of quantum dot production, which is expected to be higher than originally budgeted, to be monitored and appropriate royalties recovered.

“We are grateful to Dr. Balchin and his team for their continued dedication to a timely completion of Tech City and look forward to hosting key Amtronics technical and laboratory staff for specialist training at QMC’s HQ here in San Marcos, Texas,” said Stephen B. Squires, President & CEO of Quantum Materials Corp.

Once Tech City goes live, QMC expects to begin earning royalties from the licensing of its technology in addition to the current and continued revenues from the provision of its QDXTM Reactor systems and ancillary equipment and services.

http://www.globenewswire.com/news-release/201...India.html




Quantum Materials Corp presents Webinar November 19, 2019

Fighting Counterfeits with Quantum Dots & Blockchain

Since Quantum Materials announced its anti-counterfeit focus, we've been inundated with interest in our quantum dot/blockchain approach to addressing this global criminal enterprise.

As one way to respond to this interest, we hosted an educational webinar to explain more about our vision in the anti-counterfeit space, our technology response and the use cases and overall market opportunity.

We expect this to be the first episode of a regular channel to keep our investors, partners and customers updated on all the exciting developments happening here at Quantum Materials.

https://www.youtube.com/watch?v=GgC09TGNbe4




Stephen said he is "inundated" with interest in the QD-Blockchain initiative, no doubt he must has received overwhelming favorable response from Brand Name companies regarding the anti-counterfeit measure, so he has reached out to some companies but there may still be companies operating in the global scale he has not reached such as those in the oil industry, automotive industry, running shoe and clothing industry and security ink in currency industry, that is why he specifically emphasizes quantum dot application in those products. It is a huge quantum dot market for those products. Strong interest among Brand Name companies for QMC's quantum dot security ink will lead to strong interest among entrepreneurs to negotiate licensing agreement for QMC's proprietary continuous flow quantum dot production technology to capitalize on Brand Name companies' demand for quantum dots.




Sept 2019 CEO Stephen Squires Blog Summary

The quantum dots that we have developed have the unique ability to be finely tuned to emit a specific and un-copiable light signature.
This signature can be scanned using a hand-held device and the scan results in a digital identity. We then store that digital identity on a blockchain.

Once data is recorded on a blockchain it cannot be modified - so it cannot be hacked or tampered with.
Blockchains are secured by cryptography originally developed by the NSA.
Also, blockchains allow the same set of data to be shared among many participants. It is the same data, not local copies.
This means that all participants in a supply chain from the point of manufacture to point of retail sale have access to the same original digital signature to ensure that a product is authentic.

I cannot stress enough how unique our approach is.
We have taken many man years to develop quantum dots that can be incorporated into many different products and which can be tuned so accurately. We have acquired world-class blockchain technology from a leader in that space, bringing the visionary who led the development on board as our CTO.We believe we are now in a great position to leverage our R&D for this substantial anti-counterfeit business opportunity.
We're just getting started. There's much more to come.

https://www.quantummaterialscorp.com/


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