#AI #Stock News: GBT
(OTCPINK: $GTCH) Announces 2 New Patent Updates
GBT's Communication Patent Expected to be Granted
on December 31, 2019
GBT's Continuation Patch Tracking Device Received
an Allowance and is Expected to be Granted during Q1 2020
SAN
DIEGO - December 19, 2019 (Investorideas.com Newswire) GBT Technologies Inc. (OTCPINK:
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™
wireless mesh network technology platform and its Avant! AI, for both mobile
and fixed solutions, announced that the Company received a notice that GBT's
communication microchip patent will be granted on December 31, 2019.
The
second patent of Guardian Patch Tracking Device (the Continuation Patch
Tracking Device Patent), which protects a broader scope of the invention,
received its final allowance and the Company expects it will be granted in
February or March 2020.
Read this news in
full at https://www.investorideas.com/CO/GOPH/news/2019/12191NewPatentUpdates.asp
GBT's
communication microchip, "GopherInsight™" protects innovative
integrated circuit technology that is targeted to be installed on IoT/mobile
devices. The microchip is designed to create a private, secured network for
sharing information, automatically adapting to the device's usage patterns. The
system when implemented will be self-learning and self-evolving according to
power consumption, data transfer, communications priority and network
performance. GopherInsight's Integrated Circuit (IC) connects with other
GopherInsight ICs that are installed on other IoT/mobile devices worldwide,
operating on its own private network, providing additional advanced features.
The circuits and its associated systems have communications characteristics
that are self-aware and self-adjust in real-time.
The
comprehensive patent covers new concepts and methodologies that are applicable
to several communications domains, among them mobile parallel processing,
network database management, radio-based private secured communications
networks, airplane mode and more. The microchip can be implemented on a
device's main circuit board or on a micro SIM Card which opens a whole world of
business possibilities. It also may be implemented as an integrated IP
(Intellectual Property) unit on an existing Integrated Circuit. The patent will
be registered as a U.S. Patent No. 10,521,614 on December 31, 2019.
The
continuation application of the Guardian Patch patent protects enhancements and
updates in order to maintain the technology's position as the world leader in
this domain. The Guardian Patch is a communications device that is
self-adhesive and can be attached onto any object in order to track it anywhere
on earth. The Guardian Patch can track the object's information in real-time,
at any location in the world, be it indoors, outdoors, underwater or
underground. The system can establish a location completely passively using its
own radio technology. It could track exactly how many miles an object has
moved, cities/towns visited, velocity of travel, how long the object was at a
specific location, altitude and temperature as well as the object's current
movement in real-time. The system includes its own power source that is
expected to last one year. The Company expects this second Guardian Patch
patent to be granted in the United States in February or March 2020. An
international continuation has been filed and in process.
"These
two patents are an essential part of our technological IP within the
communication/microchip fields and we are pleased to see them in their final
approval stages," stated Danny Rittman, GBT's CTO. "The communication
microchip patent will be granted on December 31, 2019 and protects a wide
variety of technological concepts and methodologies implemented within an IC
(Integrated Circuit). This microchip technology opens a whole world of business
opportunities through licensing to IC design firms. The new capabilities
offered with this invention is expected to enable design of high performance,
low power, robust microchips that enhance our daily lives within wide variety
of domains. We will file for a continuation patent in order to protect broader
scope of the invention."
"The
Guardian Patch tracking device, which is the second patent in this release,
protects a technology that is targeted for civilian use as well as for
military/security applications. The broader continuation patent enhances the
Patch tracking device features especially regarding its operating network,
starting modes, SOS and other emergency features. The system enables a whole
new definition of ‘real-time GEO location information and analytics'. Our
technology is under constant ongoing research and development which require enhanced
systems/methods protection broadening, in order to keep our position as one of
the world's foremost innovators in these domains. That's is why we are making
sure that our patents immediately move into continuation process after being
granted. It will protect our ongoing intellectual property development in the
US and internationally."
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.
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.
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://aggregatorv2.genesisexchange.io (New Beta Version)
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
GBT Technologies Inc.
GBT Technologies Inc.
GBT Technologies
Inc. (OTCQB:GTCH) is a featured tech stock on
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