We would like to thank all shareholders for their support and patience as Phaeton has grown into a focussed entity. The 1st half of the year has seen several changes which have resulted in the establishment a stable and stronger foundation moving forward. The Board is proud to welcome new Board members and have re-instated Chai Shepherd to lead the Technology Team as CTO and we are looking forward to continuing the hard work he has done in the past to drive Phaeton forward. The new board members bring with them commercial experience with depth and knowledge in the technology space as well as international public listed companies. We are looking forward to sharing more on this in the coming weeks.
The Business direction is continuing to focus its core business on the Phaeton blockchain driving technology advancements into the quantum computer space. Phaeton’s technology understanding of data which is the lifeblood of our digital world and for most organizations its most valuable asset.
Data continues to grow in volume year-over-year and so too does data theft and compromise to any network, Phaeton and its technology team solves a number of these underlying issues using the Phaeton Blockchain to secure data and information in a decentralised environment.
Phaeton continues to explore new directions and plans to be working with computing devices that can use quantum mechanics, Partners like D-Wave and SpinQ are currently in talks with Phaeton in research and development into creating a decentralised Quantum Blockchain Network.
We will continue to send our updates as things progress, if you have any questions in the interim please email them to firstname.lastname@example.org
Thank you for your continued support.
The Board of Directors