#Tech News: Gopher Protocol
(OTCQB: $GOPH) Has Laid Avant! AI Engine Infrastructure to Handle the GRC
San
Diego, CA - June 28, 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, is pleased to announce
that it has laid Avant! AI engine infrastructure to handle the GRC - (Gopher
Protocol Coin). As previously disclosed, Gopher's exclusive licensor filed a
non-provisional patent covering a proprietary GRC Blockchain-Based Radio
Generated Digital Currency as announced on June 19, 2018 - https://www.otcmarkets.com/stock/GOPH/news/Gopher-Protocols-Exclusive-Licensor-Files-Patent-Covering-Proprietary-GRC-Blockchain-Based-Radio-Generated-Digital-Curre?id=195811
Read this news in
full at http://www.investorideas.com/CO/GOPH/news/2018/06281Avant-AIEngine.asp
Gopher
has equipped its Avant! AI engine with the infrastructure for handling its GRC.
The GRC technology covered by Gopher's patent envisions a new, private, secured
digital currency that is encapsulated within Gopher's system to be used by
Gopher's customers and members. Gopher has now laid the infrastructure within
Avant! AI to securely create and secure the GRC. Gopher's GRC is envisioned as
a digital currency, created by our radio technology powered by the blockchain
system. To power Gopher's own blockchain, it is expected that each Gopher
device will have the capability to mine/confirm all transactions that take
place with the GRC, or communicate to dedicated mining machines each time a
coin is created and a transaction takes place. Avant! AI is the system's
manager to ensure secured, reliable production and handling of the GRC.
"GRC
is expected to be a highly advanced mechanism with each coin needed to be fully
secured with its transaction history for authenticity. Ultimately the coin has
to be reliable to be used within Gopher's system as well as outside of the
system. Only an advanced AI system is capable of handling a multitude of coins
with their related information packets.
We
are in process of developing Avant! AI to be the brain of this system. We
successfully laid the infrastructure for the GRC, which is only the first step.
During the next months, it is our goal to enable Avant! with the capability of
creating, securing and establishing the blockchain for this new type of digital
currency for the benefits of potential users. Avant! is considered Gopher's
"child" as we "teach" it to become more knowledgeable and
intelligent, handling our technology in wide variety of domains, blockchain
digital currency is a major one of them," provided Dr. Rittman, Gopher's
CTO.
No
assurance can be given that a definitive approval will be given to the proposed
patent, that Gopher will be able to fully develop the GRC, that Gopher's
products, which, in turn, will create the GRC, will be adopted and used, that
the GRC will be easily adopted or adopted at all by Gopher's customers, that
Gopher will be able to raise the requisite capital needed to fully develop the
GRC or that Avant! will be able to manage the GRC system. Gopher intends to
fully comply with all legal requirements associated with the GRC and does not
intend to implement the GRC in the United States unless all regulators have
approved its implementation in the United States or there is an applicable
exemption.
About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: 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.
The Guardian Pet Tracker
(Sphere Internal name - the "Sphere") system is a derivative
technology of Gopher's Guardian Patch technology. The Sphere is designed to
provide its users with local tracking capability using a re-chargeable/replaceable
battery source. Gopher intends to release pre-production units in limited test
in the near future.
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.
VM Only 888-685-7336
Gopher Protocol Inc.
VM Only 888-685-7336
Source: Gopher Protocol Inc,
Gopher Protocol,
Inc. (OTCQB:GOPH) is a featured tech stock on
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