BTL™ Files Latest Strategic Patent and Expands Its Vision for Its Interbit™ Blockchain Platform

BTL Group (TSXV:BTL) has announced it has filed a sixth patent application as the latest patent filing for the Interbit.

As quoted in the press release:

BTL began development of the Interbit^TM platform following insights and learnings from projects undertaken with major financial services companies and energy companies based in Europe.

“While our patent strategy has remained unchanged, the vision for the mechanics and functionality of our Interbit^TM platform has expanded to millions of blockchains being supported, along with targeted applications and blockchain solutions,” said Tom Thompson, CTO of BTL and inventor of the Interbit^TM platform.  “Since the Interbit^TM platform’s release in April for feedback and testing, we have been presented with demand scenarios that require scaling up to millions of blockchains and accordingly we are taking steps to upgrade the platform’s capabilities to attempt to meet those challenges.”

The Hyperconvergence functionality set forth in this Hyperconvergence Application allows a single application blockchain to control different hypervisors, across different nodes, and to control the hypervisor it is running on, allowing a single blockchain direct control of all the hardware those hypervisors are running on.

“In the last 12 months we have seen new demand for complex mega-chain scale solutions running millions of blockchains that we intend to address by unique features in our Interbit^TM platform,” said Dominic McCann, CEO of BTL.

Click here to read the full press release.