Breaking #AI #Stock News: GBT
is (OTCPK: $GTCH) Evaluating the Implementation of its Intelligent #Financial
and Database Management Technologies for #SocialMedia and #Entertainment #MobileApplications
San Diego, CA, November 22, 2022 - (Investorideas.com Newswire) GBT
Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”) is
evaluating the implementation of its intelligent financial and database
management technologies for social media applications. GBT’s AI driven, credit
cards management systems may be an efficient candidate to be used within social
media and entertainment applications due to its financial benefits characteristics.
The technology consists of a smart system to analyze and process credit cards
in the most advantageous way for its user. Transactions are monitored, tracked
and secured by an artificial intelligence engine to ensure efficiency, user’s
highest financial benefit and future planning.
Read this news,
featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2022/11221Intelligent-Financial-Database-Management.asp
The technology will be evaluated within web and mobile
applications that are based on GBT’s patented database management method and is
specifically tailored for social media applications. GBT’s patented, database management
methods are designed to ensure superior cybersecurity measures for the assessed
mobile and web applications. The application’s financial transactions will be
supervised according to their characteristics, user’s best interest and lines
of credit. GBT plans to evaluate its patented database management system to
implement a blockchain operation, with the goal of creating a robust cybersecurity
measure. GBT’s database sharing is planned to protect against data theft and ensuring
user’s privacy. GBT plans to evaluate the usage of tokens, coins and other
common media application financial mediums to work in conjunction with its
technology. GBT targets to evaluate its
intelligent financial system as an efficient, highly secured, monetary assistant
within social and entertainment mobile and web application ensuring user’s best
interest with a robust security.
“In today’s social media and entertainment world,
financial transactions are an integral task of our daily operations. If it’s placing
an electronic ad, purchasing digital tokens or buying a piece of artwork, we
are performing entertainment related financial transactions daily. There are
numerous credit cards, banks and other monetary oriented transactions executed within
mobile and web applications, every second, worldwide. We decided to evaluate
our intelligent financial IP and database management technologies with the goal
of creating an efficient, highly secured, monetary system especially tailored
for social media and entertainment applications. We plan to assess these
technologies in a wide range of applications including high resolution graphics,
gaming and media. Our AI controlled, financial transaction management system is
targeted to automatically assist users with their monetary decisions and
security by monitoring the user’s accounts and selecting the best debit choice
according to the transaction’s characteristics at that time.
The system will learn the user’s financial transaction’s
pattern, his/her lines of credit characteristics and ranking them according to
their financial attributes. When a transaction will be needed to be executed,
the system will select the best card, bank account or other monetary method to
be used according to its rank, ensuring the user’s best financial interest. Our
patented database sharing and management system will ensure a robust level of
cybersecurity via blockchain and segmentation techniques. GBT’s Artificial
Intelligence technology is aimed to be used to empower the entire system ensuring
fast performance and robust security. The purpose of our evaluation is to
assess the implementation of our financial and database technologies, to create
a personal, secured financial system, particularly designed for social media
and entertainment with the goal of offering best payment method choice, fast
and highly secured” stated Danny Rittman, GBT’s CTO.
There
is no guarantee that the Company will be successful in researching, developing
or implementing this system or that it will be granted the patent (or prior
provisional patent). In order to
successfully implement this system, the Company will need to raise adequate
capital to support its research and, if successfully researched, developed and
granted regulatory approval, 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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