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Cryptocurrency News Articles

Quintes Protocol, Groundbreaking DeFi, Secures Patent for Its Innovative No-Depreciation Cryptocurrency Model from the World Intellectual Property Organization (WIPO)

Dec 13, 2024 at 12:28 am

Quintes Protocol leverages cutting-edge cryptonomics to deliver predictable and suitable annual price growth, redefining DeFi.

Quintes Protocol, Groundbreaking DeFi, Secures Patent for Its Innovative No-Depreciation Cryptocurrency Model from the World Intellectual Property Organization (WIPO)

Quintes Protocol, a groundbreaking initiative in the realm of decentralized finance (DeFi), has proudly announced the acquisition of a patent for its groundbreaking no-depreciation cryptocurrency model from the World Intellectual Property Organization (WIPO).

Leveraging cutting-edge cryptonomics, Quintes Protocol delivers predictable and substantial annual price growth, redefining the essence of DeFi. The protocol has secured the Patent Cooperation Treaty (PCT) PCT/IB2024/061188, granting it an exclusive approach to perpetual asset growth.

At the heart of the project lies another pivotal feature: the QNT token. Designed to appreciate unswervingly, the QNT token is a digital asset that addresses the crypto market's challenges, including unsustainable yields and asset depreciation.

Commenting on the patent acquisition, Rand Al Kharashi, Founder and Inventor of Quintes, expressed,

“This is more than a milestone for Quintes Protocol – it's an affirmation that exceptional and continued value can be created in the crypto field. Quintes is the world's first crypto asset that is engineered for continued high-price growth. Backed by intensive research, verifications, and the knowledge of renowned token engineers and researchers from leading blockchain companies, Quintes has just one destination: to pioneer the future of DeFi with unmatched growth, blazing the way for an exciting new world of cryptocurrency value.”

A visionary young Saudi entrepreneur, Rand Al Kharashi is driven by a passion to redefine the world of DeFi. Commencing the Quintes Protocol journey with an aim to harness the power of cryptocurrencies to achieve great returns, free from their naturally depreciating nature, Rand, through her Kitabq Research Lab, has ensured that rigorous research was conducted on the development and engineering of the protocol.

The project is backed by a technical team that boasts decades of combined experience. Having worked tirelessly for two years to make the protocol a success, the team brings forth their expertise in engineering and data science.

Set for an official launch in January 2025, Quintes Protocol conducted a simulation test earlier this year, which showcased a remarkable positive performance even in bearish market conditions, attesting to the resilience and potential of the project. As Quintes Protocol prepares to become open source, it will continue to seek patent protection in numerous countries to ensure future success.

Original source:zycrypto

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