Investorideas.com Newswire

Investorideas.com Newswire
Be one of the most talked about companies (stocks) on social media

Monday, October 22, 2018

Investorideas.com Newswire - #AI Alert - Artificial Intelligence Set to Propel Global GDP as Business Integration Proliferates; Gopher Protocol (OTCQB: $GOPH), (NYSE: $SNAP) (NasdaqGS: $AMZN) (NasdaqGS: $NVDA) (NYSE: $ORCL)

Investorideas.com Newswire - #AI Alert - Artificial Intelligence Set to Propel Global GDP as Business Integration Proliferates; Gopher Protocol (OTCQB: $GOPH), (NYSE: $SNAP) (NasdaqGS: $AMZN) (NasdaqGS: $NVDA) (NYSE: $ORCL)



#AI Alert - Artificial Intelligence Set to Propel Global GDP as Business Integration Proliferates; Gopher Protocol (OTCQB: $GOPH), (NYSE: $SNAP) (NasdaqGS: $AMZN) (NasdaqGS: $NVDA) (NYSE: $ORCL)

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


New York, NY and Delta, BC - October 22, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research in leading sectors including tech, releases a sector snapshot looking at recent news and developments in Artificial Intelligence.
It's probably fast becoming a cliché to say that Artificial Intelligence (AI) is the future but with an array of companies rapidly adopting variants of the technology, and market research concluding that serious benefits accrue from embracing it, investors may be realizing more and more that it is a sector to watch.
PricewaterhouseCoopers' (PwC) global AI study, "Sizing the prize", details insights and projections of the value AI could bring to business as the technology develops. The research indicates that global GDP could increase by 14 percent, or $15.7 trillion -"more than the current output of China and India combined" - by 2030 as a result of AI. "Of this, $6.6 trillion is likely to come from increased productivity and $9.1 trillion is likely to come from consumption- side effects."  The report also stresses the need for "strategic investment" to make this growth possible and details how encompassing the technology will be in everyday life.
"From the personal assistants in our mobile phones, to the profiling, customisation, and cyber protection that lie behind more and more of our commercial interactions, AI touches almost every aspect of our lives. And it's only just getting started."
The data and projections of the PwC report are borne out well by a recent press release of American tech company, NVIDIA Corp (NasdaqGS:NVDA). In the week leading up to the release, Swedish automobile maker Volvo chose NVIDIA's DRIVE AGX Xavier platform, an "open scalable platform for autonomous driving," to be incorporated in its next-generation automated cars. In the same period, American multinational computer technology corporation Oracle (NYSE:ORCL) announced that it "is the first public cloud provider to support the NVIDIA HGX-2TM platform on Oracle Cloud Infrastructure".
"NVIDIA's continued product launches in the computing segment, as well as increasing demand for its AI-driven graphics chips and technologies, are expected to aid the company."
Gopher Protocol Inc. (OTCQB:GOPH) has taken the route of designing their own Avant! AI System to run their technologies, which include their GEO tracking system, autonomous machines, surveillance/military/security drones. The company announced on Oct 16 the limited access release of their web-based Avant! System at www.avant-ai.com, which is further outlined in a recent introductory video.
 

"We are proud to introduce a public access to our Avant! AI engine," said Dr. Danny Rittman, Gopher's Chief Technology Officer. "Although we are only providing limited access to an initial phase of Avant!, the public can get a feel for the system's key strength. One of our major Avant! innovations is the use of an advanced semantic segmentation system that enables Avant! to identify visual objects.  This allows understanding of an image down to the pixel level. A computer image can now be understood by our pixel analytics algorithm. We believe this will be crucial for applications such as autonomous driving, security drone operation and even computer assisted medical procedures."
Dr. Rittman continued, "The next unique aspect of the Avant! system is the AI decision-making process.  Avant! has the capability to predict scenarios based on analytics and statistical data. Our goal is to open a whole world of possibilities to integrate Avant! within human interface applications which could include customer services, chat support, financial advice and in the future, medical advices. Every decision taken within Avanti! is supervised by a cognitive deep-learning system for error capturing, which makes it safe and reliable. Another of the remarkable key elements in Avanti! is its Artificial Neural Network (or ANN). This is an information processing paradigm that is inspired by the way biological systems, such as the brain, process information. An ANN is configured for a specific application such as pattern recognition or data classification through a learning process. Avant!"
Amazon's (NasdaqGS:AMZNrecent partnership with Snap Inc.'s (NYSE:SNAP) Snapchat will enable "visual search shopping" using object-recognition AI technology, which could drastically alter the way people shop in the near future. The Snap website explains the ease of the process:
"Simply point your Snapchat camera at a physical product or barcode, and press and hold on the camera screen to get started.
When the item or barcode is recognized, an Amazon card will appear on-screen, surfacing a link for that product or similar ones available on Amazon. Tap your selection to visit the Amazon App (if you have it installed on your phone) or Amazon.com, where you can complete your purchase or keep browsing."
Cliché or not, expect to see the hype around AI continue to become more of a reality. Whether it is discreetly powering tech like NVIDIA's recent adoptions, governing Gopher's Internet-of-Things and mobile technology, or explicitly altering the way people shop on Amazon, AI is already making a significant impact on the market and all indicators are that this will only accelerate.
About Gopher:
Gopher Protocol Inc. (OTCQB: GOPH) is a development-stage company which consider itself  a Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher's exclusive licensor filed a non-provisional patent covering a proprietary GRC Blockchain-Based Radio Generated Digital Currency on June 19, 2018. Additionally Gopher's Avant! AI technology has been designed to supervise the Blockchain System to keep records of all data exchanges. The AI system will be embedded as an integral part of Gopher's digital coin Blockchain system.
For more info on Gopher and its technologies visit http://gopherprotocol.com/
More info on the sector:
For investors following the sector Investor Ideas has a comprehensive AI and tech stock directory: https://www.investorideas.com/TSS/
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure:  Gopher Protocol Inc. (OTCQB: GOPH) is a paid PR, news and social media client   More info: https://www.investorideas.com/About/News/Clientspecifics.asp
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Learn more about our news, PR and social media services at Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Contact Investorideas.com
800-665-0411

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Issues Shareholder Update

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Issues Shareholder Update



#Tech News: NXT-ID (NASDAQ: $NXTD) Issues Shareholder Update

Update on LogicMark and proposed Spin-Off

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 22, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) today released a shareholder update regarding LogicMark and the strategy and process for its proposed spin-off of its payments, authentication and credential management business.
On September 21, 2018, Nxt-ID announced that it intends to separate its payments, authentication, and credential management business into an independent company and distribute shares of the newly created company to its shareholders through the execution of a spin-off, which the Company believes will qualify as a tax-free distribution. Immediately following the transaction, Nxt-ID shareholders who owned common shares of Nxt-ID at the record date of October 17, 2018, will own shares of both companies. The record date was set for October 17, 2018 to allow shares purchased on October 15, 2018 to clear and be recorded on the shareholder ledger.
The new company, PartX, Inc., will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication, and credential management assets that the Company developed since inception. Following the spin-off, the PartX has a provisional investment commitment for $6.0 million to fund its operations. PartX plans to apply for listing on the NASDAQ exchange.
LogicMark
Our LogicMark subsidiary has grown substantially since we acquired the company in July 2016. Unaudited revenue for the trailing twelve months ended September 30, 2018 was approximately $17.4 million and Non GAAP Operating income for the twelve months ended September 30, 2018, adjusted for depreciation, amortization and non-cash charges was approximately $7.8 million, almost twice as much as when the company was acquired in 2016. LogicMark's core business is derived from sales to the Veteran's Administration and wholesale distribution channels.
"We believe that LogicMark's strong core business and expertise in patient monitoring provides an ideal base for expansion into this sector of healthcare," said Gino Pereira, CEO of NXT-ID. "We are making significant progress toward building new distribution channels for the LogicMark family of products. As a result of a shift in the age structure, it is estimated that 19 percent of the population will be aged 65 and older by 2030. In addition, we are developing new wearable monitoring products to further extend our market beyond the senior population. These devices are designed for students, children and workers in industries where personal safety is important. Furthermore, we are expanding into telemedicine where we will offer monitoring services for the chronically ill, with the objective of reducing healthcare costs by early detection of adverse symptoms allowing for more timely medical intervention."
"This spin-off transaction will free up cash flow that will allow LogicMark to fully pursue these new markets and opportunities."
Spin-off Strategy
"The fundamental reason we are pursuing this transaction is that we believe the value of both of our key lines of business is not reflected in the Company's valuation. This transaction is designed to unlock that value by providing a direct pure play investment for shareholders in each strategy. While we have a process go through to complete the transaction, the goal is to have the inherent value of both our lines of business be more fully realized. The payments and authentication business is at a different stage of development compared to the healthcare business and needs some additional runway to achieve its full potential. We believe that this is best served as a stand-alone entity. In addition, it will provide current and future investors in an opportunity to invest in both businesses with a more clearly defined strategy and more transparency into the results and progress toward achieving that strategy."
Transaction Update
"The next step in the process of completing the spin-off is the filing of an information statement, which will provide additional details about the transaction and the resulting two businesses. It appears likely that our original estimated completion date of November 15 will be pushed back towards the end of the year but we are working diligently through the process."
PartX, Inc. (Fit Pay, Inc. and Additional Assets)
"Our payments, credential management and authentication business, currently operating as our Fit Pay, Inc. subsidiary, continues to make strides in the commercialization and scaling of its business. Its flagship customer, Garmin International, now features Garmin Pay, which is powered by Fit Pay on 10 of its smartwatches. The global footprint of Garmin Pay also continues to grow. More than 200 issuers in 26 countries now enable Garmin Pay their account holders. This growing network increases the activation of the Garmin Pay feature, which is a key driver of the Fit Pay business.
"In addition, it was announced last week the Fit Pay is included among companies participating in a new tokenization program from Visa. This new program significantly increases the addressable market for Fit Pay's services, allowing it to provide tokenization services to merchants and e-commerce companies.
Conclusion
"We believe that the remaining business in NXT-ID will provide a firm foundation for continued significant growth. This transaction is a critical step toward realizing the inherent value of both our subsidiaries in the market and will strategically position both companies to be able to execute on their full potential."
Transaction Details
For further details about the spin-off transaction, please see the Form 8-K filed by Nxt-ID with the Securities and Exchange Commission on September 21, 2018. Completion of the tax-free spin-off and the new company's subsequent listing is not assured and will be subject to final approval by the Nxt-ID Board of Directors, approval by NASDAQ and a number of factors, including market conditions, the execution of inter-company agreements, lender's consents and other matters. Nasdaq has not approved the spin-off company for listing and there are no guarantees that the company will be able to list on Nasdaq or any other exchange.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Statement regarding use of non-GAAP financial measures
In this press release, the Company's financial results and financial guidance are provided in accordance with accounting principles generally accepted in the United States (GAAP) and using certain non-GAAP financial measures. Management believes that presentation of operating results using non-GAAP financial measures provides useful supplemental information to investors and facilitates the analysis of the Company's core operating results and comparison of operating results across reporting periods. Management also uses non-GAAP financial measures to establish budgets and to manage the Company's business.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
Investorideas.com Newswire
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Thursday, October 18, 2018

Investorideas.com - #Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off

Investorideas.com - #Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off



#Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off

New payment, authentication and credential management company to be called PartX, Inc.

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 18, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) today announced that PartX, Inc. will be the name of the planned entity by which it will spin-off its payments, authentication, and credential management business. The name is intended to evoke connectively, stability and endless possibilities.

The name PartX™ is inspired by Charles Pajeau's invention of Tinker Toys in 1914. Pajeau's patent included a piece called 'Part W' – a round spool with holes drilled around the perimeter. It was designed so that when connected to the set's wooden sticks it formed perfect 90-degree angles, providing strength to an unlimited combination of structures.
"PartX is the evolution of Pajeau's vision – technology platforms and products that connect people to devices, and devices to ecosystems," explained Michael Orlando, COO of Nxt-ID and president of Fit Pay, Inc. "The company will facilitate connected commerce, making digital transactions secure, frictionless and personalized."
The PartX name and branding will be introduced at Money20/20, a payments industry event attended by more than 11,500 professionals, taking place October 21-24, 2018 in Las Vegas, Nevada. The company will be exhibiting at the event and is a sponsor.
On September 21, 2018, Nxt-ID announced that it intends to separate its payments, authentication, and credential management business into an independent company and distribute shares of the newly created company to its shareholders through the execution of a spin-off, which the Company believes will qualify as a tax-free distribution.
The new company, PartX, Inc., will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication, and credential management assets that the Company developed since inception. Following the spin-off, the PartX has an investment commitment for $6.0 million to fund its operations. PartX plans to apply for listing on the NASDAQ exchange.
Michael Orlando, current Nxt-ID COO and president of Fit Pay, will be the chief executive officer of the new company. Orlando and Nxt-ID CEO, Gino Pereira, will serve on the Board of Directors of both companies.
Sign up to receive updates about PartX, Inc. at www.PartXinc.com.
Transaction Details
For further details about the spin-off transaction, please see the Form 8-K filed by Nxt-ID with the Securities and Exchange Commission on September 21, 2018. Completion of the tax-free spin-off and the new company's subsequent listing will be subject to final approval by the Nxt-ID Board of Directors, approval by NASDAQ and a number of factors, including market conditions, the execution of inter-company agreements and other matters. Nasdaq has not approved the spin-off company for listing and there are no guarantees that the company will be able to list on Nasdaq or any other exchange.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
Investorideas.com Newswire
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Wednesday, October 17, 2018

Investorideas.com - #Payment News: Visa (NYSE: $V) Welcomes 20 new Visa Token Service Partners

Investorideas.com - #Payment News: Visa (NYSE: $V) Welcomes 20 new Visa Token Service Partners



#Payment News: Visa (NYSE: $V) Welcomes 20 new Visa Token Service Partners

Nxt-ID, Inc. (NASDAQ: $NXTD) subsidiary Fit Pay, Inc. Named as one of Visa Partners

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

Point Roberts, WA - October 17, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in tech and finch investor news issues a payment update following news from Visa Inc. (NYSE:V); "Visa welcomes 20 new Visa Token Service partners who will help scale tokenization to their thousands of merchant clients and millions of customers around the world."
Visa Inc. (NYSE:V) announced the commercial expansion of the Visa Token Service for credential-on-file (COF) token requestors, marking a major milestone towards further securing consumer payments in the digital channel.
"With this expansion, acquirer gateway and technology partners Adyen, AsiaPay, Braintree, Checkout.com, Cherri Tech, CyberSource, Elavon, Ezidebit, eWAY, Fit-Pay, Giesecke & Devrient, PayPal, Payscout, Rambus, SafeCharge, SecureCo, Square, Stripe, Worldpay and YellowPepper are or will soon be able to tokenize credential-on-file digital payments on behalf of their merchant and payment clients."
Nxt-ID, Inc. (NASDAQ: NXTD) subsidiary Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, was named as one of the 20 new partners.
"Expanding our platform capabilities to include tokenized credential-on-file and ecommerce transactions significantly increases our addressable market," said Michael Orlando, President of Fit Pay, Inc. and COO of NXT-ID. (NASDAQ: NXTD). "We are very pleased to be a part of Visa's new program, which gives consumers more control of their card data and increases security for the entire payment ecosystem."
More From the news - "Built on top of the EMVCo Payment Tokenization Standard, the Visa Token Service offers another layer of security by replacing sensitive cardholder information, such as personal account numbers and expiration dates, with a unique digital identifier (a "token") that can be used for payment without exposing a cardholder's more sensitive account information. In addition to enhancing security, expired or compromised payment credentials can be seamlessly updated in the background by the financial institution, eliminating a significant point of friction for consumers and merchants."
"Merchants also get the added security protection of being shielded from data breaches that occur elsewhere in the ecosystem since the Visa card number is replaced with a token unique to the merchant or gateway acquirer partner."
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Contact Investorideas.com 800-665-0411

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.

Tuesday, October 16, 2018

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Releasing Official, Limited Access to Avant! AI System

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Releasing Official, Limited Access to Avant! AI System



#Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Releasing Official, Limited Access to Avant! AI System

Release a Beta Version 1.0 Web Based Demonstration of the Avant! – To give Followers a Flavor of its Technology

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


San Diego, CA - October 16, 2018 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, is providing limited access to its beta version of its 1.0 Web based Avant!
Avant! AI is an Artificial Intelligence system, neural network based, that is targeted to manage and supervise Gopher's technologies. As a courtesy to the public, Gopher enabled a question-answering interface with Avant! which is capable of answering questions posted in natural language.
Avant! is an exciting and radically new paradigm of the cognitive computing era. Avant! is structured to provide context to the vast volume of unstructured data in the world today, with the goal of enhancing human and machine capability. It can respond to highly complex situations and quickly provide a wide range of potential responses and recommendations, which are backed by evidence it has analyzed. Avant! is based on advanced reasoning and learning systems. Avant! AI technologies includes deep learning and neural networks to “think” like a human. The system was developed by Gopher Protocol research team with the goal of integrating into all of Gopher's technologies.
"We are proud to introduce a public access to our Avant! AI engine," provided Dr. Danny Rittman, Gopher's Chief Technology Officer. "Although we are only providing limited access to an initial phase of Avant!, the public can get a feel for the system's key strength. One of our major Avant! innovations is the use of an advanced semantic segmentation system that enables Avant! to identify visual objects. This allows understanding of an image down to the pixel level. A computer image can now be understood by our pixel analytics algorithm. We believe this will be crucial for applications such as autonomous driving, security drone operation and even computer assisted medical procedures." Dr. Rittman continued, "The next unique aspect of the Avant! system is the AI decision-making process. Avant! has the capability to predict scenarios based on analytics and statistical data. Our goal is to open a whole world of possibilities to integrate Avant! within human interface applications which could include customer services, chat support, financial advice and in the future, medical advices. Every decision taken within Avanti! is supervised by a cognitive deep-learning system for error capturing, which makes it safe and reliable. Another of the remarkable key elements in Avanti! is its Artificial Neural Network (or ANN). This is an information processing paradigm that is inspired by the way biological systems, such as the brain, process information. An ANN is configured for a specific application such as pattern recognition or data classification through a learning process. Avant!"
Avant! AI web interface is: www.avant-ai.com
Videos of Avant!
How it works video: https://youtu.be/Q3GVqNLiZNM


About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Press page/ press kit - http://gopherprotocol.com/?page_id=228
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
Forward-Looking Statements
Certain 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:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Get News Alerts on Gopher Protocol, Inc.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com: More disclaimer and disclosure  info: https://www.investorideas.com/About/Disclaimer.asphttps://www.investorideas.com/About/News/Clientspecifics.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

TechSectorStocks.com - investing ideas in tech stocks- mobile payments, social media, AI and Robotics, Drone Stocks, GPS, Internet of Things (IoT)

Like Tech Stocks? View our Tech Stocks Directory

Friday, October 12, 2018

Investorideas.com Newswire - #Tech News: Gopher (OTCQB: $GOPH) Files Mobile Sharing Database Patent

Investorideas.com Newswire - #Tech News: Gopher (OTCQB: $GOPH) Files Mobile Sharing Database Patent



#Tech News: Gopher (OTCQB: $GOPH) Files Mobile Sharing Database Patent

Technology Designed to Work with Its Granted Guardian Patch Patent

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


San Diego, CA - October 12, 2018 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, filed on October 9, 2018 a mobile database patent, which technology is designed to work in conjunction with the Guardian Patch Patent, application serial number 16155093.
This patent seeks to protect one of Gopher's essential intellectual properties, which is the mobile database management system. Gopher's devices are designed to communicate with each other via Gopher gNET private, secured communication protocol. gNET protocol devices are enabled to share/exchange vast amount of data utilizing a proprietary method. In addition, information database objects are transferred and stored between the devices using this method developed by Gopher. This innovative database management system is designed to add another significant layer of cyber security to Gopher's network, further reducing the threat of hacking into the network. The database management system is structured to work in conjunction with Gopher's granted Patch patent.
"Gopher's technologies are working through shared database, which are carefully secured and protected within our network protocol," stated Dr. Danny Rittman, Gopher’s Chief Technology Officer. "In addition, our database system is capable of handling a significant level of information over our network, which is essential for real-time applications like autonomous driving, military/security applications and similar IoT applications. The system is designed to manage databases of all types including media, textual, graphical and secured communication information. The system works with our proprietary integrated circuit (IC) within mobile devices and is AI supervised. Working together with our IC and mobile software application, the system is capable of sharing all mobile database types with all other databases utilizing Gopher's ICs that are installed on other mobile devices, worldwide, utilizing our own private, secured, encrypted protocol. We believe this will a critical component of our network when established. Gopher intends to integrate its database sharing and management technology within all of its tracking and GEO devices for civil and military/security applications. In addition, our database management system is the key communication within our network, supervised by our Avant! AI engine. The patent application seeks to protect the system's key methodologies, concepts and approaches."
About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
Forward-Looking Statements
Certain 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:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Get News Alerts on Gopher Protocol, Inc.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com: More disclaimer and disclosure  info: https://www.investorideas.com/About/Disclaimer.asphttps://www.investorideas.com/About/News/Clientspecifics.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

TechSectorStocks.com - investing ideas in tech stocks- mobile payments, social media, AI and Robotics, Drone Stocks, GPS, Internet of Things (IoT)

Like Tech Stocks? View our Tech Stocks Directory

Thursday, October 11, 2018

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date



Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 11, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) a provider of healthcare devices as well as payment, credential management, and authentication platform services, reminds shareholders of the upcoming dividend date.
The Company announced on September 21st its intention to create a new entity and spinoff its payments, authentication and credential management business and distribute shares of the new entity as dividend shares to Nxt-ID shareholders.
Nxt-ID shareholders owning common shares of Nxt-ID as of the dividend date of October 15, 2018 will be entitled to a dividend of shares of the new company in addition to their holdings in Nxt-ID. Thereafter, shares of Nxt-ID will be traded ex-dividend.
For more details on the pending transaction and the calculation method for issuance of new shares investors are invited to read the transcript (8K filing) of the recently held investor webcast.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
Investorideas.com Newswire
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

Disclosure:
Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of
Investorideas.com. Details at
https://www.investorideas.com/About/News/Clientspecifics.asp

Please
read Investorideas.com privacy policy:
https://www.investorideas.com/About/Private_Policy.asp