Taj Quantum Utilizes Blockchain in Authentication Systems, Awarded Patent for Groundbreaking Type II Superconductor
Luisa Crawford Aug 01, 2023 13:00
Taj Quantum was awarded a patent for a Type II Superconductor and utilizes blockchain for authentication systems, as announced on July 31, 2023.
Taj Quantum, a company specializing in quantum technology and blockchain-based authentication systems, has been awarded a patent by the United States Patent and Trademark Office (USPTO) for its Above Room Temperature Type II Superconductor. The patent, numbered #17249094, was announced on July 31, 2023.
The patented superconductor operates at a wide range of temperatures, from about -100° F (-73° C) to about 302° F (150° C). This range, which includes temperatures well above room temperature, is a characteristic uncommon in the world of superconductors.
Inventors John Wood and Paul Lilly, known for their extensive work with graphene and related materials, expressed their excitement about the patent. John Wood stated, "We are living in thrilling times where new discoveries are being made across a variety of fields." Paul Lilly added, "Our main objective is to pinpoint applications that can rapidly benefit everyone by providing the quickest-to-market capability."
Taj Quantum, originally founded as LGC in 2018 by Paul Lilly, has grown significantly over the past year, securing numerous contracts supporting the U.S. Military and large businesses. The awarding of this superconductor patent marks a significant milestone in the company’s mission to drive scientific advancements.
Taj Quantum's CEO, Paul Lilly, discussed the company's unique position of holding a patent that could prove revolutionary in many fields. He mentioned the company's intention to work with attorneys to develop a means to open-source their technology for Universities and non-profit groups while retaining rights associated with monetizing derivative technologies.
As Taj Quantum continues to grow and innovate, the company is committed to hiring a new scientific team and building associated laboratory and production facilities. They aim to bring this superconductor technology into everyday electronics over the next decade.
Despite the groundbreaking nature of their superconductor technology, Taj Quantum clarified in their FAQ that they are not a crypto company. Instead, they use blockchain as a tool to provide authentication systems using a private blockchain deployment along with smart contracts to manage the varied challenges faced by the U.S. Military and their customers.
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