Blockchain Press Releases
BMW Group, Airbus and Quantinuum Collaborate to Fast-Track Sustainable Mobility Research Using Cutting-Edge Quantum Computers
MUNICH, TOULOUSE, France, and CAMBRIDGE, England, Aug. 2, 2023 /PRNewswire/ — Airbus, BMW Group and Quantinuum, world leaders in mobility and quantum technologies, have developed a hybrid quantum-classical workflow to speed up future research using quantum computers to simulate quantum systems, focusing on the chemical reactions of catalysts in fuel cells.
In a new technical paper, “Applicability of Quantum Computing to Oxygen Reduction Reaction Simulations“, the three partners report accurately modeling the oxygen reduction reaction (“ORR”) on the surface of a platinum-based catalyst. The ORR is the chemical reaction in the process that converts hydrogen and oxygen into water and electricity in a fuel cell and it limits the efficiency of the process. It is relatively slow and requires a large amount of platinum catalyst, so there is great interest and value in better understanding the underlying mechanisms involved in the reaction.
Using Quantinuum’s H-Series quantum computer, the collaboration team has demonstrated the applicability of quantum computing in an industrial workflow to enhance our understanding of a critical chemical reaction. The three companies plan further collaboration to explore the use of quantum computing to address relevant industrial challenges.
Dr. Peter Lehnert, Vice-President, Research Technologies at BMW Group stated: “Circularity and sustainable mobility are putting us on a quest for new materials, to create more efficient products and shape the future premium user experience. Being able to simulate material properties to relevant chemical accuracy with the benefits from the accelerating quantum computing hardware is giving us just the right tools for more speed in innovation for this decisive domain.”
As a pioneer in the global automotive market BMW Group recognizes the transformative potential of quantum computing and its importance in researching new materials, where it can enable faster and more efficient processes while reducing lab prototypes. Approaching and accurately simulating one of the most fundamental electrochemical processes for the first-time using quantum computing marks a substantial step towards the sustainable energy transition, benefiting metal-air batteries, and other products with enhanced efficiency.
Isabell Gradert, Vice-President, Central Research & Technology at Airbus said: “We can clearly envision the benefits of the study in our quest for sustainable and hydrogen powered alternatives such as the ZEROe aircraft, which may operate on fuel cell engines. The study confirms that quantum computing is maturing at the scale we need for aviation.”
Airbus has identified hydrogen as a promising candidate to power low-carbon aircraft, because it emits no CO2 when flying, when generated from renewable energy. The company previously announced plans to start testing a hydrogen-powered fuel cell propulsion system onboard its ZEROe demonstrator aircraft in the next few years. The company has the ambition to develop the world’s first hydrogen-powered commercial aircraft for market entry by 2035.
Ilyas Khan, Chief Product Officer, Quantinuum said: “We have been excited to be working for some time now to support the BMW Group and Airbus, both leaders in their fields, and both of whom recognize that quantum computing could play a pivotal role in advancing future sustainable mobility. In this pioneering work, we demonstrate how to integrate quantum computing into the industrial workflows of two of the world’s most technologically advanced companies, tackling material science problems that are a prime target for progress using quantum computing.”
The research team hopes that understanding the ORR reaction provides insights that help them identify alternative materials that may improve the performance and reduce the production costs of fuel cells. Modeling chemical reactions such as the ORR accurately is an intractable task for classical computers, due to the quantum properties of the chemical mechanisms involved, making such simulations a good candidate to benefit from a potential quantum advantage in the future.
Notes to editors:
About Quantinuum
Quantinuum is the world’s largest standalone quantum computing company, formed by the combination of Honeywell Quantum Solutions’ world-leading hardware and Cambridge Quantum’s class-leading middleware and applications. Science-led and enterprise-driven, Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance and optimization. Its focus is to create scalable and commercial quantum solutions to solve the world’s most pressing problems in fields such as energy, logistics, climate change, and health. The company employs over 480 individuals, including 350+ scientists and engineers, at eight sites across the United States, Europe, and Japan. For more information, please visit https://www.quantinuum.com. The Honeywell trademark is used under license from Honeywell International Inc. Honeywell makes no representations or warranties with respect to this service.
The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises over 30 production sites worldwide; the company has a global sales network in more than 140 countries.
In 2022, the BMW Group sold nearly 2.4 million passenger vehicles and more than 202,000 motorcycles worldwide. The profit before tax in the financial year 2022 was € 23.5 billion on revenues amounting to € 142.6 billion. As of 31 December 2022, the BMW Group had a workforce of 149,475 employees.
The success of the BMW Group has always been based on long-term thinking and responsible action. The company set the course for the future at an early stage and consistently makes sustainability and efficient resource management central to its strategic direction, from the supply chain through production to the end of the use phase of all products.
About Airbus
Airbus pioneers sustainable aerospace for a safe and united world. The Company constantly innovates to provide the most efficient and technologically-advanced solutions in aerospace, defence, and connected services. In commercial aircraft, Airbus offers the most modern and fuel-efficient airliners. Airbus is also a European leader in defence and security and one of the world’s leading space businesses. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.
Photo: https://mma.prnewswire.com/media/2167646/Quantinuum_H2.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bmw-group-airbus-and-quantinuum-collaborate-to-fast-track-sustainable-mobility-research-using-cutting-edge-quantum-computers-301891599.html
Blockchain Press Releases
Bybit Spread Trading: An Innovative Product to Streamline Advanced Trading Strategies
DUBAI, UAE, May 5, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce the launch of Spread Trading. This new trading functionality streamlines the previously more manual technical crypto trading environment — enabling crypto traders to access markets faster and at lower cost — now available via Bybit’s intuitive platform.
As uncertainty becomes a constant theme in financial markets, and ongoing price fluctuations test traders’ risk appetite, Bybit’s Spread Trading offers a timely solution for investors seeking to capitalize on price differences between corresponding crypto assets, without the previously heavier risk management and markets access complexities traditionally associated with such trading crypto strategies.
Spread trading comes with a wide range of benefits on Bybit:
- Guaranteed Spread Execution: The entry spread exactly matches the order price set by the user, eliminating slippage concerns.
- Precise Execution: Both positions are filled simultaneously or not at all, removing the “leg risk” of incomplete trades.
- Risk Hedging: Offsetting market swings by taking opposite positions in correlated assets.
- Strategic Flexibility: Diversifying strategies including Funding Rate Arbitrage, Futures Spread, Carry Trade, or Perpetual Basis trading.
- Lower Costs: The feature stands to save traders 50% of the fees compared to placing separate orders manually.
What is Spread Trading
Spread trading is a strategy where traders simultaneously buy one crypto asset while selling another related one, allowing them to profit from the price difference (spread) between them rather than from overall market direction. Bybit simplifies the process by combining both trades into a single transaction and precise entry points, eliminating timing risks and execution issues.
The strategy works by pairing related instruments, such as Spot and Perpetual contracts, or two different Expiry contracts, in equal but opposite positions, creating a delta-neutral approach that protects traders from broad market volatility.
Bybit’s Spread Trading feature currently supports four trading combinations: Expiry & Expiry contracts, Expiry & Perpetual contracts, Expiry & Spot markets, and Perpetual & Spot markets. The service is available for BTC, ETH, and SOL with plans to expand to additional digital assets.
Bybit users may now power up their trades and ride the highs and lows of the crypto markets with ease. Terms and conditions apply. To find out more about the feature and how it works, users may visit: How to Get Started With Spread Trading
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-spread-trading-an-innovative-product-to-streamline-advanced-trading-strategies-302445996.html
Blockchain Press Releases
CoolBitX Launches CoolWallet Go: The World’s First Cold Wallet with Lifetime Warranty
TAIPEI, May 5, 2025 /PRNewswire/ — CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It’s a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals.
Pre-Order Offer (April 21 – May 10)
CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare offering in the cold wallet space.
Simple, Secure, and Built for Daily Use
CoolWallet Go is built around a CC EAL6+ certified secure element, a proven protection standard used in many high-assurance security chips. The wallet’s minimalist design includes no screen, no buttons, no battery, and no Bluetooth pairing, relying instead on tap-to-sign NFC to streamline transactions.
The device generates private keys directly on-card, minimizing exposure during wallet setup. Users manage assets via the CoolWallet App, with integrated support for Bitcoin, Ethereum, 40+ blockchains, and EVM-compatible tokens.
Security and Risk Awareness by Design
CoolWallet Go has undergone independent third-party security testing and has been continuously reviewed through a public bug bounty program over the past two years. No vulnerabilities have been found that compromise the safety of users’ private keys or assets. CoolBitX remains committed to continuous security improvement and transparent security practices.
Optional Lifetime Warranty Plan
CoolWallet Go introduces a unique warranty add-on that provides long-term coverage for registered users:
- Coverage is per 2-card set, with a quota of free replacements per year.
- Registration is required within 30 days of purchase.
- Shipping costs for replacements are customer-borne.
- Warranty resets yearly and is not cumulative.
This initiative reflects CoolBitX’s commitment to sustainable product longevity, moving beyond traditional short-cycle hardware support.
Built for Beginners, Trusted by Pros
CoolWallet Go is ideal for:
- First-time hardware wallet users transitioning from exchanges or hot wallets.
- Experienced holders looking for a compact, secure backup or daily-use wallet.
Shipments begin mid-May.
Pre-order and learn more here: https://reurl.cc/Lanld7
Download the CoolWallet App
- Google Play
- Apple App Store
About CoolWallet
CoolWallet is a pioneering hardware wallet brand that offers a secure and convenient solution for storing and managing digital assets in the Web3, DeFi, and NFTs arenas. The company’s flagship product, the CoolWallet Pro, is a credit card-sized device that combines the security of a hardware wallet with the convenience of a mobile device. With its unique design and advanced security features such as an EAL6+ secure element, biometric verifications, and military-grade Bluetooth encryption, CoolWallet is committed to providing a safe and user-friendly platform for crypto users worldwide.
Photo – https://mma.prnewswire.com/media/2676692/CWG_Final_call_for__Pre_Order_1200x628__1.jpg
View original content:https://www.prnewswire.co.uk/news-releases/coolbitx-launches-coolwallet-go-the-worlds-first-cold-wallet-with-lifetime-warranty-302445830.html
Blockchain Press Releases
Bybit and St. Paul American Scholars School Furthers Partnership Commitment in Bybit’s HQ Visit
DUBAI, UAE, May 2, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, extended a warm welcome to an international delegation from the St. Paul American Scholars (SPAS), a top international school in Korea on Monday. The visit is part of a joint initiative between Bybit and SPAS dedicated to fostering the next generation of blockchain innovators through a series of academic and educational programs.
Ryan Kim, Head of SPAS, and Jinny Kim, Director of SPAS, were greeted by Helen Liu, COO of Bybit at the Bybit headquarters in Dubai. The official visit underscores the institutions’ shared commitment to building the partnership from the ground up, and creating a knowledge base to prepare SPAS students for the future of technology and the blockchain-enabled economy.
In the academic year of 2025/26, Bybit has committed a $100,000 scholarship to 300 SPAS students of St. Paul American Scholars (SPAS). The broader theme of the collaboration centers on collective learning and community sharing, which aligns with SPAS’s philosophy of building a closely knitted community for educators, parents, and students. Bybit will organize interactive educational sessions on campus to fill the knowledge gap between the demands for future-ready skills and traditional academic resources.
The fast moving blockchain landscape is central to a changing world. Parents and students today are increasingly aware of the possibilities and potential challenges of the dawning on-chain economy. The new dynamics will require creators and contributors to be equipped with understanding of blockchain technologies, to develop their passion, and to project their creativity onto positive causes. Through workshops and interactive events, the Bybit and SPAS initiative stands to leave a profound impact on blockchain education for international students in SPAS.
SPAS representatives boarded the crypto express to the world of digital assets at the Bybit headquarters, sharing unique perspectives as educators and first-hand insights from Liu at the frontier of the digital economy.
“We are proud to welcome the SPAS family to Bybit’s headquarters, and we hope this will become the starting point of SPAS students’ blockchain journey. The value of blockchain education is not only giving students a headstart in understanding the digital economy, but also to inspire them to think about changing the world for the better with a powerful technology that will one day be entirely at their disposal,” said Helen Liu, COO of Bybit.
“It is a great honor for Saint Paul International School to establish a meaningful partnership with Bybit, a global leader in blockchain technology. This visit to Bybit’s headquarters in Dubai was more than just a meeting; it was a precious opportunity to build a foundation of deep mutual trust,” said Ryan Kim, Head of SPAS. “Bybit’s warm-hearted commitment to providing scholarships for Saint Paul International School students and planning continuous social contribution programs deeply moved us all. We firmly believe that, with its sincere vision and values, Bybit will continue to shine as a world-leading company,” he said.
The SPAS delegation toured the Bybit Crypto Ark Experience Store, a new venue at Bybit’s Dubai headquarters that showcases blockchain innovation and provides an open space for crypto collaborations. Since opening, the store has attracted hundreds of visitors, entrepreneurs, and crypto enthusiasts contributing to the regional ecosystem.
Established in 2015, SPAS operates four campuses across Korea’s major metropolitan areas and is recognized as a leading American educational institution with full accreditation from multiple organizations. SPAS also offers international exchange programs through partnerships with schools in New York, Canada, and the UK, providing students with opportunities to experience diverse cultures and global perspectives.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Photo – https://mma.prnewswire.com/media/2678692/Bybit.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-and-st-paul-american-scholars-school-furthers-partnership-commitment-in-bybits-hq-visit-302445132.html
-
Blockchain4 days ago
Mercurity Fintech’s Chaince Securities Appointed as Strategic Advisor for Classover’s Solana-Focused Treasury Strategy
-
Blockchain6 days ago
PFM Disrupts Wealth Management in 2025: Earn Digital Assets Risk-Free with Zero Fees
-
Blockchain5 days ago
Veriff and Legitify Partner to Streamline Cross-Border Digital Notarisation
-
Blockchain6 days agoBlocks & Headlines: Today in Blockchain – April 29, 2025 | Deloitte, TRON DAO, Miden, JPMorgan, Nuvve
-
Blockchain Press Releases3 days agoFrom Exchange to Ecosystem Builder: MEXC Celebrates 7th Anniversary at TOKEN2049 Dubai with $300M Ecosystem Development Fund Launch
-
Blockchain3 days ago
HODL 2025: Blockchain’s Brightest Minds. All in Dubai
-
Blockchain Press Releases3 days agoInterlace Debuts at Token2049 to Accelerate Web2-Web3 Integration Across MENA
-
Blockchain Press Releases5 days agoWelcome to the 1V1 Trading Arena: Bybit Blends Gameplay With Real Crypto Wins for Pro and New Users
