Special Edition #AIEye #Podcast: GBT Technologies’ (OTC: $GTCH) CTO
Discusses xCalibre Image Recognition System and #Biometrics;
#Artificialintelligence
#Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $AMZN)
Point Roberts WA, Vancouver BC – May 5, 2021 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings
you today’s special edition of the AI Eye featuring an exclusive interview with
Danny Rittman, CTO of GBT Technologies Inc. (OTC PINK:GTCH), who discusses the company’s Biometric AI Facial Recognition
technology.
Listen to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2021/050421-AI-Eye.mp3
Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/05051GTCH-xCalibre-Biometrics.asp
GBT Technologies Inc.’s (OTC PINK:GTCH) image recognition system – internally codenamed xCalibre – is a
culmination of the company’s developments in artificial intelligence tech in
recent years, according to CTO Danny Rittman.
“It’s actually part of the ongoing imaging and
pattern recognition AI-based technology that we have been working on for the past
few years,” Rittman said in a recent interview with Investorideas.com. “The
xCalibre is an implementation of that technology.”
GBT released a Form 8-K on April 22, 2021, outlining the xCalibre – subtitled ‘A brain for digital eyes’ – wherein the
system’s wide potential for application is explored alongside the advanced
technology that it leverages. A key component of xCalibre is its neural
network-based analysis, which “builds a database, keeps history, and enables
crucial security alerts,” in real time. Rittman described the ever-present need
for such technologies for security applications and highlighted the xCalbre’s
value.
“In a wide variety of places high security is
essential,” he said. “For example, airports, conferences, workplaces, busy
streets, and sports events [etc…]. The xCalibre system can compare a real-time
video taken in a busy street or mall by scanning people’s faces and comparing
it with a database to identify a person of interest.”
A crucial edge the system brings is its ability to
identify people “with or without facial and body covers, and concealed objects
as well,” as explained in the 8-K.
“The great advantage of the xCalibre system
… is that it can identify human features, including faces and body
features, with or without cover,” Rittman said. “So, it can identify a person
with a mask or without a mask, with high accuracy. Another aspect of the
xCalibre is that it can do the same with objects. So, it’s a great tool, for
example, to identify concealed weapons or firearms.”
The xCalibre’s employment of biometrics – as
through its advanced facial-mapping – is perhaps indicative of the increasing
implementation of the technology. Reuters recently reported that Amazon (NasdaqGS:AMZN) is rolling out its Amazon One biometric system for use in
brick-and-mortar stores. Amazon One, according
to the report, allows shoppers to “pay with a swipe of their palm,” through the
linking of a credit card with the user’s palm print.
Amazon One is but one such
example of this trend, which Rittman explained is gaining traction.
“Many companies, for the past few years, have been
taking it further,” he said. “We’ve already seen facial recognition on phones,
as well as fingerprints. This is not new, but now companies are taking it
further.”
The increased demand for contactless solutions and
the omnipresence of masks influenced by concerns over the COVID-19 pandemic
doubtless make biometrics indispensable. But with the abilities afforded with
this continuously more impressive technology, there perhaps, inevitably comes
concerns over its potential overreach and potential to threaten privacy.
“With any new types of measures for security,
there’s always the risk to privacy,” Rittman said. “I definitely do think there
is a risk, but on the other hand I think that the benefits outweigh the risks.”
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the AI Eye
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About GBT Technologies Inc.
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.
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