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Tuesday, May 4, 2021

#AI #Health #Stock News -GBT (OTC: $GTCH) Commences Research on an External Device for Arterial Clogs and Tissue Imaging

#AI #Health #Stock News -GBT (OTC: $GTCH) Commences Research on an External Device for Arterial Clogs and Tissue Imaging

 

#Technology Based on its Proprietary Radio Technology

 


San Diego, CA, May 4, 2021 -
(Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”) is researching an external device for arterial and tissue imaging based on its proprietary radio technology, combined with the company’s robotic research. The research contemplates an external unit targeted to be operated with a robotic arm to scan designated bodily areas and provide an image of arteries and tissues.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/05041External-Device.asp

 

The main advantage of the contemplated system is its pure non-invasive nature. The research is part of the Hermes capsule research project.  The Hermes capsule research targets an intravenous mini-probe unit that travels within the artery, searching to find arterial clogs. Hermes unit is based on radio waves-based imaging to produce a computerized 3D imaging for the operating physician. The unit is contemplated to be AI empowered, non-surgical, minimally invasive, safe method for autonomous and/or manual blood vessels blockage detection and cleaning. The research is focused on developing a complementary unit, which is an external probe is targeted to provide more imaging information for arterial and tissue imaging. The research is examining an external probe that will scan the designated body area that can be mounted on an AI controlled robotic arm, and use radio wave technology to provide 3D imaging of arteries/tissues on a computer screen for a physician review. The research is also evaluating a manually used external probe, as a hand-held unit, similar to typical ultrasound units. The main purpose of the external unit would be to enable external tissue and arterial AI based imaging with great depth and resolution. The external unit will be a combined work of GBT’s medical robotic and Hermes capsule imaging research.

 

"We are aiming for further advancements for health-related applications and we believe the contemplated external imaging system would add significant advantage, tissue imaging in addition to arterial view. As our Hermes capsule research is targeting to “look ahead” inside arteries, the external device is a combination of our medical robotics and Hermes capsule research to enable a completely non-invasive imaging system, very similar to typical ultrasound units. The research is focused on an external device using radio waves technology that will be transmitted into a designated bodily area for arterial and tissue imaging. Few methods of imaging will be explored to achieve a clear, high resolution 3D shots. It is contemplated as a real time 2D/3D images of the inner blood vessels and tissues using our AI image construction. The system is intended to be able to differ between tissues, organs and clogging materials as well as identifying tumors, Cysts and other foreign objects. In addition, using the radio technology the system will be able to construct a 3D video imaging of the scanned areas. The probe will be able to be mounted on a robotic arm to hover above designated bodily areas or manually held for more specific areas scan. The system will be using GBT’s AI technology and we strongly believe that it has the potential become a key apparatus within surgery rooms and clinics as a physician’s “eyes” helping savings lives” stated Danny Rittman, GBT’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  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, the Company would need to enter 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. 

 

External Device a conceptual Image.

 

 



 

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

Investorideas.com

 

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Monday, May 3, 2021

#AIEye #Podcast 552: #Stocks discussed: (NasdaqGS: $LTRN) (TSXV: $MCLD.V)



 

 

#AIEye #Podcast 552: #Stocks discussed: (NasdaqGS: $LTRN) (TSXV: $MCLD.V)

 

Lantern Pharma Enters R&D Collaboration with Actuate Therapeutics, and mCloud’s #AI-Powered AssetCare Adopted by Cadence Financial Group

 

Global Image Recognition Market to Reach $4.5B by 2026

 

Point Roberts WA, Vancouver BC – May 3, 2021  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2021/050321-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/05031LTRN-MCLD.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NasdaqGS:LTRN) (TSXV:MCLD)

 

Lantern Pharma, Inc. (NasdaqGS:LTRN) has entered into a research and development collaboration with Actuate Therapeutics, wherein Lantern’s RADR machine learning technology, large-scale oncology datasets, and A.I. platform will “accelerate key aspects of Actuate's 9-ING-41 drug candidate.” Panna Sharma, CEO and President of Lantern Pharma, explained:

 

"Companies like Actuate that are adopting methods that are at the forefront of this new era of data and A.I. guided drug development have the potential to conduct future clinical trials with biomarker signatures that have been generated at a fraction of the cost of traditional techniques. Using highly scalable machine-learning methods to guide drug development can potentially yield new biological insights, while also increasing response rates and improving outcomes in clinical trials.”

 

mCloud Technologies Corp. (TSXV:MCLD) has announced that wealth management firm Cadence Financial Group is adopting mCloud's AI-powered AssetCare platform as its air quality solution. According to the press release, “Cadence's head office is being equipped with a combination of IoT-enabled 24/7 air quality monitoring and AI-driven connected air purification capable of outperforming standard HEPA filtration by continuously eliminating up to 95% of harmful particulates and contaminants smaller than one micron in size.” Patrick O'Neill, mCloud's President for Connected Buildings, said:

 

"We are excited to see Cadence join the fast-growing number of customers who are adopting our AssetCare IAQ solution. Our ability to connect one floor of a larger commercial building enabled Cadence to act swiftly in bringing cleaner indoor air to their spaces without the overhead typically associated with a smart building solution."

 

 

Global Image Recognition Market to Reach $4.5B by 2026

 

A report published by Research and Markets finds that the global Image Recognition market is estimated to grow from $1.8 billion in 2021 to $4.5 billion by 2026 with a compound annual growth rate (CAGR) of 20 percent in the forecast period 2021-2026. An excerpt from the report’s description outlines factors influencing the growth of the market:

 

Large enterprises in different sectors, such as retail, automotive, healthcare, and defense, are increasingly adopting image recognition technology. Several other fields, such as self-driving vehicles, automated image organization of visual websites, and face identification on social networking websites, are using the Image recognition technology powered by machine learning. Government agencies such as law enforcement agencies are also using facial recognition technology for their safety and security purposes. Airports are also using face remembrance technology at security checkpoints for security purposes. Recent advancements in artificial intelligence and machine learning have highly contributed to the growth of Image Recognition and Object Detection in retail.

 

Sam Mowers, Investorideas.com

 

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Thursday, April 29, 2021

#Fintech / #ArtificialIntelligence #Stock News (OTC: $GTCH) (NYSE: $V) (NASDAQ: $PYPL) (TSXV: $MTRX.V) (OTCQB: $RACMF)- the future of #payments; @Visa @PayPal @LoopInsights

#Fintech / #ArtificialIntelligence #Stock News (OTC: $GTCH) (NYSE: $V) (NASDAQ: $PYPL) (TSXV: $MTRX.V) (OTCQB: $RACMF)- the future of #payments; @Visa @PayPal @LoopInsights

 

Point Roberts WA, Vancouver BC – April 29, 2021 – Investorideas.com (https://www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) and Fintech issues a sector snapshot looking at how AI will play a leading role in the future growth of the credit card/payment industry, featuring emerging technology company, GBT Technologies Inc. (OTCPINK:GTCH).  

 

Read this article, featuring GTCH in full at https://www.investorideas.com/news/2021/artificial-intelligence/04291Fintech-Stocks.asp

 

According to Fortune Business Insights, “The global payment processing solutions market size is expected to showcase exponential growth by reaching USD 116.17 billion by 2027. This is attributable to the increasing adoption of value-added services by major fintech firms, along with the growing demand for payments through credit & debit cards that is leading the developers to introduce advanced payment solutions globally.”

 

“The emergence of advanced technologies has led to a massive overhaul in the operations of several fintech firms and major banks globally. They are adopting modern technologies such as artificial intelligence (AI) and machine learning to provide their customers with contextual and customized payment solutions. This is driving the demand for advanced payment solutions to enable fast, simple, and secure business transactions. Furthermore, the surging use of credit and debit cards over cash is likely to boost the global payment processing solutions market growth in the forthcoming years.”

 

Having previously announced several patent filings in the AI space, GBT Technologies Inc. (OTCPINK:GTCH),  a development stage company for Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms, recently announced applications for the fintech payment space.  The Company announced it had filed with the US Patent and Trademark Office (“USPTO”), a provisional patent for systems and methods of a financial software application to prioritize and consolidate credit cards charge system. The system will be offered as a web-based and mobile application. The system is targeted to use GBT’s patented database management technology and empowered by its Artificial Intelligence technology. The software design contemplates an automatic, characterized, and prioritized consolidation of different credit cards into one card method, point of sale, smartphone applications and computer software.

 

When a credit card user is using his/her account, in most instances the selection of the card is done arbitrarily or by credit availability. In many cases the credit card user is not utilizing his/her other cards lower interests and benefits. The patent protects an automated software tool and method that would combine all of his/hers credits cards accounts into one credit facilitate account. This one credit system, automatically prioritize and charges according to the user’s best interest. Furthermore, it will “consolidate” all the line of credits from his/her differ credit cards into one “large” line of credit. The one credit system accumulates the users’ credit cards available credit into one account. When a transaction is made, the system searches the user’s most beneficial credit account and charges or allocates the amount to it.

 

The system will be managed by GBT’s Artificial Intelligence technology and use it’s patented, database sharing method to enable high performance and security. The system will consider the best financial aspects of all credit card account, automatically selecting the user’s best interest one. Among these aspects are lowest interest rates, membership fees, cash advanced, line of credit, benefits like mileage, gift certificates, and similar. The assigned application number is 63175564 and the filing date is April 16, 2021. The company intends to file a nonprovisional application during the next few months.

 

“We are excited to start another activity of implementing our technology in wide variety of domains. This one is in the financial arena. This patent aims to protect a prioritized, characterized credit card system to automatically enable making the best financial decision with user’s credit cards. The technology covered by the patent application contemplates the automatic ranking of the user’s credit card benefits like interest rate, reward programs and similar and use the one with the highest rank to execute charges. In this way users will be always using their best interest financial credit account. The system will combine all user’s credit accounts and will enable consolidation of all credit lines into one account. Our Artificial Intelligence technology will be the brain to empower the entire system and we’ll be implementing our patented database management technology for fast performance and high security. Our AI system will enable a personal “credit advisor” that helps with all credit lines financial decisions, always keeping in mind the user’s best interest. This is the first time that we will be using our technology in the financial arena and we look forward for further future expansion in this domain,” stated Danny Rittman, the Company’s CTO.

 

In February, Visa Inc. (NYSE: V ) announced VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers - including delays and confusion with managing account balances and the unpredictability of daily settlement for financial institutions. VisaNet +AI comprises several innovative concepts and new value-added services, including Visa Smarter Posting and Visa Smarter Settlement Forecast, as well as Visa Smarter Stand-In Processing (Smarter STIP), a capability announced in August of last year. These innovations harness Visa’s high-performance AI platform to help make payments more predictable, transparent, and speedy.

 

"Our clients, partners and cardholders look to us for actionable data-driven insights to better manage their businesses and financial lives, especially during these unprecedented times. Today we’re announcing a set of services that use AI to make it easier for consumers to manage their accounts, and for financial institutions to manage their business," said Jack Forestell, Executive Vice President and Chief Product Officer at Visa. "With our investment in AI infrastructure, we’re unlocking novel, real-time solutions to complex problems. This is just the beginning of what we can do with the predictive power of AI."

 

PayPal Holdings, Inc. (NASDAQ: PYPL) talks about how they are using “ Machine Learning and Artificial Intelligence Lead to Higher Authorization Rates.” 

 

“Optimizing the payment experience: Ensuring high probability of approval & decline prediction  We’ve all been there. We are ready to make a high-value purchase that we’ve spent weeks thinking about, maybe a new gaming console, a designer handbag or a vacation rental. And surprise, surprise, the transaction is declined, even though we are well below the card limit.”

 

“But now, by combining historical trends and transaction variables, PayPal’s machine learning models can help predict in advance if a user’s card will be declined for a transaction and prevent the purchase from being completed. If a decline is predicted, we can create a custom experience for the user that will ensure a valid purchase goes through, which has resulted in improvement of auth rates between 60-240 bps for certain merchants. For example, we can surface a different payment method within a user's PayPal wallet that has been successful in the past. We can also prompt a secondary form of authentication using 3D-secure or request a CVV to make sure the user is who they say they are.”

 

Another smaller player in the sector, Loop Insights Inc. (TSXV:: MTRX) (OTCQB: RACMF), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, also uses AI and IoT saying, “Like the internet connects websites, Loop connects physical locations – providing the data connectivity that will level the playing field between brick and mortar retailers and online giants.“ 

 

One of their technologies, SmarTap, “infuses Loop’s cloud-based artificial intelligence with an NFC (Near Field Communication) reader to create a smart engagement platform suitable for a multitude of applications, including check-in processes, venue tracing, loyalty programs, and marketing. Users simply tap their mobile device to access a streamlined, contactless experience—which is more important than ever before.”

 

Looking at the sector, innovation through AI to simplify the payment process for both consumers and retailers is coming from both small and large corporations. The future is clearly one of contactless payments and has been even further accelerated by the Covid-19 pandemic.   

 

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