Two webinars for QMC on Wednesday. Steve Squires
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Steve Squires speaking on a panel on pivoting a business. He is changing QMC from the idea of selling QD to the idea of a license and revenue model using joint ventures, which require little or no cash investment and are low risk in that way.
Another major pivot is owning our blockchain solution, QDX Ledger, and going after the anticounterfeiting niche by incorporating quantum dots into the identification process to make an immutable blockchain that cannot be hacked by even quantum computing. We first head of this project in October 2019 and any POC - Proof of Concepts could be coming to a decision phase soon.
Another pivot is adapting the anticounterfeiting blockchain into a Covid-19 QDX HealthID system for direct sales to all levels of government, domestic and foreign. Evidently QMVT will take over marketing this and products for other vertical industries in the future, building a sales organization.
All the Blockchain pivots in the last year have gone from foundational to strategic to operational. That's pivoting with a purpose!