#Automotive #AI #Technology #Stock News: GBT (OTC: $GTCH) Evaluates Developing a Driver
Monitoring System Based on its #Wireless Movement and Position Detection Technology;
#Artificialintelligence
San
Diego, CA, August 31, 2021 - (Investorideas.com
Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the
“Company”), evaluates developing a driver monitoring system based on its wireless
movement and position detection technology, internal project code name Apollo. Apollo
is an intelligent method and system to detect motion-based radio waves. An AI
system controls radio wave transmission and analyzes the reflected information
to construct 2D and 3D images including real time movement. The system, once
developed also can potentially detect human’s vitals like heart rate, breathing
rhythm and more. GBT is investigating applying this technology as a vehicle’s
driver monitoring system.
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this in full at https://www.investorideas.com/CO/GOPH/news/2021/08311Driver-Monitoring-System.asp
Statistics show that more than 90% of road accidents
are caused by driver error (European survey - European New Car Assessment
Program (Euro NCAP). Human errors can occur due to driver fatigue, distraction,
inattentiveness, intoxication, inexperience, or sudden medical incapacitation.
The Apollo system upon development can potentially and effectively detect
impaired or distracted driving, providing an audible and visual alert and
possibly in extreme cases, prevent crashes or take over the vehicle. The Apollo
system may use radio waves for monitoring and assessing the driver's physical
and mental condition reliably and accurately. Based on this data the
system can alert or act to ensure safety. The system concept includes an AI
algorithm that analyze the driver's face, breathing rhythm, heart rate, eyes status,
and perspiration and can determine if he/she is in a condition to control the
vehicle.
GBT believes that the Apollo system, if developed, can
significantly reduce driver errors caused by distractions, fatigue or emotional
causes and can save lives by taking control over the vehicle, in case of sudden
medical condition. The company will add this these concepts and possible
application to its non-provisional patent that is planned to be filed during the
next few weeks.
“We
have identified an efficient safety application of our Apollo project technology.
The Apollo system can detect objects and living entities based on radio
technology. The system analyzes the returned reflected waves information and detects
people’s position, movements, and can even measure their vitals. When applying this
technology as a driver monitoring system, Apollo can analyze the driver's face,
eyes position, pupils, heart rate, breathing rhythm, head, and body position in
order to “see” the driver’s face, and posture. Using this data, the system can determine
the driver’s physical and mental status at all times. For example, it can
identify that the driver’s eyes are closed, open or blinking. Since the technology
is RF based it can detect these characteristics even if the driver is wearing
dark sunglasses or at night. AI algorithms collect the driver’s data, creating
a model of a driver’s normality, attentiveness, and state of mind in normal
circumstances. In case of abnormalities the system will alert via audible and
visual to get the driver's attention. Upon user’s permission setup, if no
driver response is achieved in an acceptable time manner, the system can take
control over the vehicle, and stop it for safety purposes. The company filed a
provisional patent on June 2021, and will file a comprehensive non-provisional
patent during the next few weeks. We truly believe that such system can be an
essential safety application for all vehicle types, significantly increasing
our roads safety for generations to come,” said Danny Rittman, GBT’s CTO.
There
is no guarantee that the Company will be successful in researching, developing
or implementing this system. In order to
successfully implement this concept, the Company will need to raise adequate
capital to support its research and, if successfully researched, developed and
granted regulatory approval (provisional patent was submitted), the Company
would need to enter into a strategic relationship with a third party that has
experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will
be successful in any or all of these critical steps.
About Us
GBT
Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com)
is a development stage company which considers itself a native of Internet of
Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology
Platforms used to increase IC performance. GBT has assembled a team with
extensive technology expertise and is building an intellectual property
portfolio consisting of many patents. GBT’s mission, to license the technology
and IP to synergetic partners in the areas of hardware and software. Once
commercialized, it is GBT’s goal to have a suite of products including smart
microchips, AI, encryption, Blockchain, IC design, mobile security
applications, database management protocols, with tracking and supporting cloud
software (without the need for GPS). GBT envisions this system as a creation of
a global mesh network using advanced nodes and super performing new generation
IC technology. The core of the system will be its advanced microchip technology;
technology that can be installed in any mobile or fixed device worldwide. GBT’s
vision is to produce this system as a low cost, secure, private-mesh-network
between any and all enabled devices. Thus, providing shared processing,
advanced mobile database management and sharing while using these enhanced
mobile features as an alternative to traditional carrier services.
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
press@gopherprotocol.com
GBT Technologies Inc.
(OTCQB:GTCH) is a featured tech stock on
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