Breaking #AI #Stock News: GBT
(OTC: $GTCH) Filed a Patent for a #Wireless
Movement and Position Detection System; #Artificialintelligence
The #AI Empowered #Technology
Aims to enable a Radio-Based Motion Monitoring
Santa Monica, CA, June 24, 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), filed a provisional patent (application number 63211573) with the U.S. Patent and Trademark Office (“USPTO”), for a real time movement and position detection method and system. The system includes a radio-based motion and image technologies. An AI technology controls radio waves transmission and analyzes the reflected information to construct 2D and 3D image including real time movement. The project’s internal code name is “Apollo”. Apollo technology is based on radio transmission within specific frequencies, measuring and analyzing the returned reflected waves information. The reflection will be analyzed by an AI algorithm with the goal of finding distinctive patterns such as detecting people’s movements, detecting stationary objects and even potentially measuring a human’s vitals. The technology is designed to scan within indoors and outdoors environments. The technology contemplates the inclusion of radio-based location system to enable accurate position of peoples and objects within the covered area. The Company believes that the technology encapsulated a whole world of possibilities especially in the health, security, military, and emergency response domains. The Company expects to file a non-provisional patent during the next few months.
Read this news featuring
GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/06241Wireless-Movement-Position-Detection.asp
"We
truly believe that this type of technology can offer an innovative wireless
solution in many domains. The use of electromagnetic radiation enables efficient
scans through mediums and is designed to virtually makes the system capable of
“seeing” underground, under water and through walls. We will target the
technology to be used in the health domain as a wearable-less monitoring system.
It is our goal to apply its deep
learning capability to enable rapid analysis of the RF data, identifying living
entities and objects, and constructing a computerized image/motion in real time.
We believe that the Apollo system can be designed to become a technological
advancement and consider it one of our major IPs,” said Danny Rittman, the
Company’s CTO.
There is no guarantee that the
Company will be successful in implementing this system. In order to successfully implement this
system – other than getting the patent approved by the USPTO, the Company will
need to raise adequate capital to support its efforts; and if successful,
obtain and develop an actual specific approval. The Company would also 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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