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Interconnected Research remains the sole RSP dedicated to Bitcoin research

Announcement posted by DeMorgan Ltd 11 May 2015

Interconnected Research is pleased to advise that the company has satisfied the requisite criteria under AusIndustry’s R&D Tax Incentive Scheme to remain registered as a Research Service Provider (RSP). An RSP is an organisation that is registered under section 29A of the Industry Research and Development Act 1986 as a RSP by Innovation Australia has appropriate scientific or technical expertise and resources to perform research and development on behalf of other companies.

ICR is the only privately owned company registered by a government body as a research provider specialised in Bitcoin and cryptocurrency research.  We help to ensure that the companies we work with meet the guidelines from the Australian Taxation Office (ATO) on beneficiary of activities to ensure that the activities that they contract to complete satisfy the requirements of research that would allow them to claim a rebate of up to 43.5 cents in the dollar through the R&D Tax Incentive program.

This allows companies to have access to skills and systems that can help drive the uptake of Blockchain based businesses in Australia. In addition, we provide companies access to some of the most powerful supercomputers in the world. Two of these systems are listed in the Top 500 HPC list.

We remain the world’s only government endorsed Bitcoin incubator and research services provider.

For More Information Contact

Managing Director and CEO:       DR. Craig Wright               P 0417 683 914 info@demorgan.com.au

Media/IR:                                            Ms Ramona Watts           P 0423 912 994

About Interconnected Research

Interconnected Research (Inconn.ec) is a research and development organisation focused on cryptocurrencies. We understand cryptocurrency, the underlying technology and the possibilities this technology can provide for the future. We offer guidance on cryptocurrency related products, the protection of intellectual property, provide assistance with patenting and commercialisation of start-up companies. We encourage start-ups and entrepreneurs to contact us to explore the range of investment and partnership opportunities, available in the focus areas of virtual currency and science and information technology. We are the first AusIndustry authorised RSP dedicated to Bitcoin.

A Research Service Provider (RSP) is an organisation that is registered under section 29A of the Industry Research and Development Act 1986 as a RSP by Innovation Australia has appropriate scientific or technical expertise and resources to perform research and development on behalf of other companies. ICR is a member of the DeMorgan Ltd group of companies.