GBT - Gopher Radio Token (GRT) Patent Application is Published
August 22 2019 - 6:00AM
GBT Technologies Inc. (OTC PINK: GTCH) ("GBT", or "the Company"), a
company specializing in the development of Internet of Things (IoT)
and Artificial Intelligence (AI) enabled networking and tracking
technologies, including its GopherInsight™ global mesh network
technology platform for both mobile and fixed solutions, today
announced it has received from the United States Patent and
Trademark Office a Notice of Publication and published application
for the GRT application. The application published August 15, 2019
as U.S. Patent Application Publication No. 2019/0251523.
The GRT (Gopher Radio Token) is an IoT/Mobile
exchange/security application that is formed by the radio
transmissions of a GopherInSight™ platform device, such as a chip,
an IoT appliance or a wireless mesh network node. As such, it can
be used to acquire IoT/Mobile services and to enhance data security
on gNET private network. In addition, the system verifies the
validity of a packet or Blockchain and keeps its history since
inception. GRTs are created based on radio transmissions and can be
used as a method of exchange/acquisition of IoT/Mobile services
within gNET private network. The GRT is to be used as a proprietary
token within any IoT/Mobile system that is using GBT technology,
rewarding users for usage.
As a reminder, GBT intends to use its Avant! AI
technology to govern security and vast data processing for the GRT.
Avant! will also learn about patterns and efficient usage of
Blockchain data in order to maintain integrity and reliability of
the overall system.
"Current perception of Blockchain-based
platforms is that they are secure because of the unalterable nature
of a block once formed and the distributed nature of a Blockchain"
stated Douglas Davis, GBT’s CEO. "However the blockchain is also
subject to spoofing and other security intrusions, which is why GBT
is proud to provide yet another layer of system validation,
monitoring and security to enhance the entire GBT platform, all
managed by our GBT Avant! AI."
About GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”)
(http://gopherprotocol.com/) is a development-stage company which
considers itself a native IoT creator, developing Internet of
Things (IoT) and Artificial Intelligence (AI) enabled mobile
technology platforms. GBT has a portfolio of Intellectual Property
that, when commercialized, will include smart microchips, mobile
and security applications and protocols, and supporting cloud
software. GBT’s system envisions the creation of a global mesh
network. The core of the system will be its advanced microchip
technology that can be installed in any mobile or fixed device
worldwide. GBT envisions this system as a low-cost, secure, private
mesh network between any enabled devices, providing shared
processing, advanced mobile database management/sharing and
enhanced mobile features as an alternative to traditional carrier
services.
https://www.avant-ai.net
About GBT TECHNOLOGIES,
S.A.
GBT Technologies, S.A., a private Costa Rican
corporation (GBT - http://gbttechnologies.com/) is a
development-stage company in the business of the strategic
management of BPO (Business Process Outsourcing) digital
communications processing for enterprises and startups; distributed
ledger technology development, AI development and fintech software
development and applications.
https://aggregator.genesisexchange.io/ (Beta
Version)
Forward-Looking
StatementsCertain statements contained in this press
release may constitute "forward-looking statements".
Forward-looking statements provide current expectations of future
events based on certain assumptions and include any statement that
does not directly relate to any historical or current fact. Actual
results may differ materially from those indicated by such
forward-looking statements as a result of various important factors
as disclosed in our filings with the Securities and Exchange
Commission located at their website (http://www.sec.gov). In
addition to these factors, actual future performance, outcomes, and
results may differ materially because of more general factors
including (without limitation) general industry and market
conditions and growth rates, economic conditions, governmental and
public policy changes, the Company’s ability to raise capital on
acceptable terms, if at all, the Company’s successful development
of its products and the integration into its existing products and
the commercial acceptance of the Company’s products. The
forward-looking statements included in this press release represent
the Company's views as of the date of this press release and these
views could change. However, while the Company may elect to update
these forward-looking statements at some point in the future, the
Company specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the
date of the press release.
Contact:Douglas Davis, CEO GBT Technologies
Inc.Media: press@gopherprotocol.com
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