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Friday, September 16, 2022

#TradingIdeas for #Stocks in #ArtificialIntelligence and #Insurance (OTC: $LZGI) (NYSE: $DWIN) (NASDAQ: $INTC) (NYSE: $LMND) @Fatbrainai @intel @Lemonade_Inc

#TradingIdeas for #Stocks in #ArtificialIntelligence and #Insurance (OTC: $LZGI) (NYSE: $DWIN) (NASDAQ: $INTC) (NYSE: $LMND) @Fatbrainai @intel @Lemonade_Inc

 

Vancouver, Kelowna, Delta, BC –September 16, 2022 - Investorideas.com, a leading investor news resource covering technology and AI stocks releases a special report covering the growth in AI technology utilization in the insurance industry, featuring FatBrain AI (LZG International Inc.) (OTC: LZGI). AI technology utilization in insurance has been spurred partly by the changing work landscape caused by COVID 19 and businesses now adopting some form of remote work options as well as the general adoption of technology in the workplace and at home and how big data collection can work with AI to allow for more effective and customized insurance solutions.

 

Read this article, featuring LZGI in full at https://www.investorideas.com/news/2022/technology/09161Artificial-Intelligence-Insurance.asp

A recent article from Mkinsey.com titled “Insurance 2030—The impact of AI on the future of insurance” discussed how AI technology is currently impacting the insurance landscape as “AI’s underlying technologies are already being deployed in our businesses, homes, and vehicles, as well as on our person. The disruption from COVID-19 changed the timelines for the adoption of AI by significantly accelerating digitization for insurers. Virtually overnight, organizations had to adjust to accommodate remote workforces, expand their digital capabilities to support distribution, and upgrade their online channels. While most organizations likely didn't invest heavily in AI during the pandemic, the increased emphasis on digital technologies and a greater willingness to embrace change will put them in a better position to incorporate AI into their operations.”

 

“AI and its related technologies will have a seismic impact on all aspects of the insurance industry, from distribution to underwriting and pricing to claims. Advanced technologies and data are already affecting distribution and underwriting, with policies being priced, purchased, and bound in near real time. An in-depth examination at what insurance may look like in 2030 highlights dramatic changes across the insurance value chain,” the article continued.

 

FatBrain AI (LZG International Inc.) (OTC: LZGI), a  pioneer in powerful and easy-to-use artificial intelligence (AI) solutions for start-up and mid-market businesses (SMEs), recently acquired Intellagents, an innovative and trusted insurtech provider. The FatBrain and Intellagents combination empowers businesses, brokers and insurers to leverage Peer Intelligence technologies to optimize transactions, score risk, enhance productivity and simplify actionable insights for everyone across the insurance supply chain creating never-seen-before opportunities for growth.

 

 “We are excited to welcome Intellagents into the FatBrain family,” said Peter B. Ritz, co-founder and CEO of FatBrain. “Intellagents features powerful automation to advance dynamic peer intelligence networks, leveling the technology playing field currently only used by large industry leaders. We’re setting a new standard for peer optimization in the insurance industry, and our innovations will unlock more value for many more businesses across the board.”

 

Intellagents unifies an insurance-specific integration and API management platform with connectors to more than 80 insurance capabilities that can be quickly orchestrated into unique solutions. It enables insurers and brokers to rapidly realize improvements and efficiencies across multiple domains, including: client engagement; channel optimization; risk selection, pricing, and fraud mitigation; product speed to market; and “Book of Business'' acquisitions.

 

“We created a comprehensive ecosystem to harness the power of data and AI featuring a simple user experience – enabling our customers to rapidly innovate and grow,” said Mark Stender, President and co-founder, Intellagents. “No single insurer, broker or software company can solve the challenges of the insurance industry alone. The industry-wide growth potential lies in a multi-faceted network of ecosystem members, all securely sharing dynamic learnings to continuously improve performance. The latest advances in AI accelerate the possibilities.”

 

Intellagents is SOX, GDPR and HIPPA compliant and capable of passing any compliance exam from insurers.

 

“We’ve seen peer data turbo-charge the market in life insurance and annuities,” said Shawn R. Carey, chief operating officer at FatBrain and co-founder, CTO-emeritus at iPipeline, a Roper Technologies, Inc. (NYSE: ROP) company. “Contributory peer insights powered by AI promise to accelerate growth beyond what we realized at iPipeline. With Intellagents ecosystem, team and technology we’re starting on 3rd base.”

 

“Our mission at FatBrain is to equip entrepreneurs and mid-market businesses with simple to use tools that will help them reclaim time, save money and boost their bottom lines,” said Rajarshi Das, chief scientific officer at FatBrain. “Intellagents and FatBrain are united in this mission and eager to support the global community of business, brokers and insurers.”

 

More companies are beginning to eye up the potential for AI in insurance like Delwinds Insurance Acquisition Corporation (NYSE: DWIN), a publicly traded special purpose acquisition company, and FOXO Technologies, Inc. (“FOXO”), a technology company applying epigenetic science and AI to modernize the life insurance industry, who recently announced that DWIN’s registration statement on Form S-4, relating to the previously announced proposed business combination between DWIN and FOXO, was declared effective by the US Securities and Exchange Commission on August 26, 2022.

 

FOXO is a technology company aiming to make longevity science fundamental to life insurance. By applying epigenetic science and AI to commercialize saliva-based biomarkers, FOXO plans to simplify the consumer underwriting journey and enhance the consumer value proposition. FOXO’s platform will modernize the life industry with saliva-based underwriting technology and consumer engagement services.

 

Upon completion of the Business Combination, DWIN estimates that enterprise value will be approximately $297mm of the combined company and the common stock will trade on the NYSE American Stock Exchange (or another permitted exchange) under the symbol “FOXO”. At the closing of the Business Combination, all remaining DWIN units will separate into their components consisting of one share of DWIN common stock and one-half of one warrant and, as a result, will no longer trade together as a separate security.

 

In recent news it was announced that Intel Corporation (NASDAQ:INTC) “plans to launch several initiatives such as ‘AI for future workforce’ and ‘AI for current workforce’ by the end of this year with an aim to build skill-ready workforce, Shweta Khurana, senior director – Asia Pacific and Japan (APJ), government partnerships and initiatives, global government affairs, Intel told FE Education Online. “AI for future workforce will cater to 18 years and above and AI for current workforce is for professionals with primary focus on women driven small and medium enterprises (SMEs),” Khurana said.

 

As per the company, the curriculum designed for AI for future workforce is technical; however; students do not require any prior domain knowledge. Furthermore, projects under the programme are focused on industrial impacts such as common trade application, predictive maintenance, viral post protection, insurance fraud protection among others. “Through virtual training in a real-world environment for three months learners will be exposed to the challenges, and how to build solutions for the same,” Khurana added.

 

In other recent news, companies like Lemonade Inc. (NYSE:LMND) “managed to have a pretty good month, as it was up 17.3% in August, according to S&P Global Market IntelligenceThe insurer, which uses artificial intelligence to draft policies and handle claims, far outpaced the major indexes as the S&P 500 was down 4.2% in August, while the Dow Jones Industrial Average was off 4.1%, and the Nasdaq Composite dropped 4.6%. Lemonade is still down 47% year to date as of Sept. 2, trading at around $22 per share.”

 

One of the primary catalysts for Lemonade's surge was a strong second-quarter earnings report, released Aug. 8. Lemonade beat earnings and revenue expectations, with a net loss of $67.9 million, or -$1.10 per share, which was better than the consensus estimate of -$1.36 per share. Revenue was up 77% year over year to $50 million, while gross profit was up 15% year over year to $11.3 million.

 

As we continue to see technology and large scale data collection seep into every aspect of human life, we can expect AI and machine learning technology to play a bigger role in managing these systems, specifically in the insurance industry.  We will ultimately see not only insurance coverage and accessibility be impacted by AI, but also insurance fraud and protection as well. This all goes without looking at more impactful events such as COVID or the recent ramping up of climate change action from governments which will only accelerate the inevitable adoption of AI. It seems the new face of insurance from big corporations or individual carriers will be the face of artificial intelligence.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea's original branded content includes podcasts and columns: Crypto CornerPlay by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcastCleantech and Climate ChangeExploring MiningBetting on Gaming Stocks Podcast and the AI Eye Podcast.

The AI Eye: Watching stock news, deal tracker and advancements in artificial intelligence. Hear exclusive interviews with thought leaders and experts and management of publicly traded tech stocks discussing how AI is shaping our future!

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring LZGI is a paid for news release on Investorideas.com – third party (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Thursday, September 15, 2022

#ArtificialIntelligence in #Insurance - #Stocks to Watch (OTC: $LZGI) (NYSE: $DWIN) (NASDAQ: $INTC) (NYSE: $LMND) @Fatbrainai @intel @Lemonade_Inc

#ArtificialIntelligence in #Insurance - #Stocks to Watch (OTC: $LZGI) (NYSE: $DWIN) (NASDAQ: $INTC) (NYSE: $LMND) @Fatbrainai @intel @Lemonade_Inc

 


Vancouver, Kelowna, Delta, BC –September 15, 2022 - Investorideas.com, a leading investor news resource covering technology and AI stocks releases a special report covering the growth in AI technology utilization in the insurance industry, featuring FatBrain AI (LZG International Inc.) (OTC: LZGI). AI technology utilization in insurance has been spurred partly by the changing work landscape caused by COVID 19 and businesses now adopting some form of remote work options as well as the general adoption of technology in the workplace and at home and how big data collection can work with AI to allow for more effective and customized insurance solutions.

 

Read this article, featuring LZGI in full at https://www.investorideas.com/news/2022/technology/09151Artificial-Intelligence-in-Insurance.asp

 

A recent article from Mkinsey.com titled “Insurance 2030—The impact of AI on the future of insurance” discussed how AI technology is currently impacting the insurance landscape as “AI’s underlying technologies are already being deployed in our businesses, homes, and vehicles, as well as on our person. The disruption from COVID-19 changed the timelines for the adoption of AI by significantly accelerating digitization for insurers. Virtually overnight, organizations had to adjust to accommodate remote workforces, expand their digital capabilities to support distribution, and upgrade their online channels. While most organizations likely didn't invest heavily in AI during the pandemic, the increased emphasis on digital technologies and a greater willingness to embrace change will put them in a better position to incorporate AI into their operations.”

 

“AI and its related technologies will have a seismic impact on all aspects of the insurance industry, from distribution to underwriting and pricing to claims. Advanced technologies and data are already affecting distribution and underwriting, with policies being priced, purchased, and bound in near real time. An in-depth examination at what insurance may look like in 2030 highlights dramatic changes across the insurance value chain,” the article continued.

 

FatBrain AI (LZG International Inc.) (OTC: LZGI), a  pioneer in powerful and easy-to-use artificial intelligence (AI) solutions for start-up and mid-market businesses (SMEs), recently acquired Intellagents, an innovative and trusted insurtech provider. The FatBrain and Intellagents combination empowers businesses, brokers and insurers to leverage Peer Intelligence technologies to optimize transactions, score risk, enhance productivity and simplify actionable insights for everyone across the insurance supply chain creating never-seen-before opportunities for growth.

 

 “We are excited to welcome Intellagents into the FatBrain family,” said Peter B. Ritz, co-founder and CEO of FatBrain. “Intellagents features powerful automation to advance dynamic peer intelligence networks, leveling the technology playing field currently only used by large industry leaders. We’re setting a new standard for peer optimization in the insurance industry, and our innovations will unlock more value for many more businesses across the board.”

 

Intellagents unifies an insurance-specific integration and API management platform with connectors to more than 80 insurance capabilities that can be quickly orchestrated into unique solutions. It enables insurers and brokers to rapidly realize improvements and efficiencies across multiple domains, including: client engagement; channel optimization; risk selection, pricing, and fraud mitigation; product speed to market; and “Book of Business'' acquisitions.

 

“We created a comprehensive ecosystem to harness the power of data and AI featuring a simple user experience – enabling our customers to rapidly innovate and grow,” said Mark Stender, President and co-founder, Intellagents. “No single insurer, broker or software company can solve the challenges of the insurance industry alone. The industry-wide growth potential lies in a multi-faceted network of ecosystem members, all securely sharing dynamic learnings to continuously improve performance. The latest advances in AI accelerate the possibilities.”

 

Intellagents is SOX, GDPR and HIPPA compliant and capable of passing any compliance exam from insurers.

 

“We’ve seen peer data turbo-charge the market in life insurance and annuities,” said Shawn R. Carey, chief operating officer at FatBrain and co-founder, CTO-emeritus at iPipeline, a Roper Technologies, Inc. (NYSE: ROP) company. “Contributory peer insights powered by AI promise to accelerate growth beyond what we realized at iPipeline. With Intellagents ecosystem, team and technology we’re starting on 3rd base.”

 

“Our mission at FatBrain is to equip entrepreneurs and mid-market businesses with simple to use tools that will help them reclaim time, save money and boost their bottom lines,” said Rajarshi Das, chief scientific officer at FatBrain. “Intellagents and FatBrain are united in this mission and eager to support the global community of business, brokers and insurers.”

 

More companies are beginning to eye up the potential for AI in insurance like Delwinds Insurance Acquisition Corporation (NYSE: DWIN), a publicly traded special purpose acquisition company, and FOXO Technologies, Inc. (“FOXO”), a technology company applying epigenetic science and AI to modernize the life insurance industry, who recently announced that DWIN’s registration statement on Form S-4, relating to the previously announced proposed business combination between DWIN and FOXO, was declared effective by the US Securities and Exchange Commission on August 26, 2022.

 

FOXO is a technology company aiming to make longevity science fundamental to life insurance. By applying epigenetic science and AI to commercialize saliva-based biomarkers, FOXO plans to simplify the consumer underwriting journey and enhance the consumer value proposition. FOXO’s platform will modernize the life industry with saliva-based underwriting technology and consumer engagement services.

 

Upon completion of the Business Combination, DWIN estimates that enterprise value will be approximately $297mm of the combined company and the common stock will trade on the NYSE American Stock Exchange (or another permitted exchange) under the symbol “FOXO”. At the closing of the Business Combination, all remaining DWIN units will separate into their components consisting of one share of DWIN common stock and one-half of one warrant and, as a result, will no longer trade together as a separate security.

 

In recent news it was announced that Intel Corporation (NASDAQ:INTC) “plans to launch several initiatives such as ‘AI for future workforce’ and ‘AI for current workforce’ by the end of this year with an aim to build skill-ready workforce, Shweta Khurana, senior director – Asia Pacific and Japan (APJ), government partnerships and initiatives, global government affairs, Intel told FE Education Online. “AI for future workforce will cater to 18 years and above and AI for current workforce is for professionals with primary focus on women driven small and medium enterprises (SMEs),” Khurana said.

 

As per the company, the curriculum designed for AI for future workforce is technical; however; students do not require any prior domain knowledge. Furthermore, projects under the programme are focused on industrial impacts such as common trade application, predictive maintenance, viral post protection, insurance fraud protection among others. “Through virtual training in a real-world environment for three months learners will be exposed to the challenges, and how to build solutions for the same,” Khurana added.

 

In other recent news, companies like Lemonade Inc. (NYSE:LMND) “managed to have a pretty good month, as it was up 17.3% in August, according to S&P Global Market Intelligence. The insurer, which uses artificial intelligence to draft policies and handle claims, far outpaced the major indexes as the S&P 500 was down 4.2% in August, while the Dow Jones Industrial Average was off 4.1%, and the Nasdaq Composite dropped 4.6%. Lemonade is still down 47% year to date as of Sept. 2, trading at around $22 per share.”

 

One of the primary catalysts for Lemonade's surge was a strong second-quarter earnings report, released Aug. 8. Lemonade beat earnings and revenue expectations, with a net loss of $67.9 million, or -$1.10 per share, which was better than the consensus estimate of -$1.36 per share. Revenue was up 77% year over year to $50 million, while gross profit was up 15% year over year to $11.3 million.

 

As we continue to see technology and large scale data collection seep into every aspect of human life, we can expect AI and machine learning technology to play a bigger role in managing these systems, specifically in the insurance industry.  We will ultimately see not only insurance coverage and accessibility be impacted by AI, but also insurance fraud and protection as well. This all goes without looking at more impactful events such as COVID or the recent ramping up of climate change action from governments which will only accelerate the inevitable adoption of AI. It seems the new face of insurance from big corporations or individual carriers will be the face of artificial intelligence.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea's original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.

 



The AI Eye: Watching stock news, deal tracker and advancements in artificial intelligence. Hear exclusive interviews with thought leaders and experts and management of publicly traded tech stocks discussing how AI is shaping our future!

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring LZGI is a paid for news release on Investorideas.com – third party (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Wednesday, September 14, 2022

#AI #Stock News: GBT’s (OTCPK: $GTCH) Automatic Correction of Integrated Circuits Connectivity Mismatches Non-Provisional Patent Application has been Approved for Prioritized Examination; #artificialintelligence



 

#AI #Stock News: GBT’s (OTCPK: $GTCH) Automatic Correction of Integrated Circuits Connectivity Mismatches Non-Provisional Patent Application has been Approved for Prioritized Examination; #artificialintelligence

 

SAN DIEGO, CA, September 14, 2022 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”) has been granted a fast track request by the United Stated Patent and Trademark Office for its nonprovisional patent application pertaining to the automatic correction of Integrated Circuits (IC) electrical connectivity mismatches. The patent application will undergo prioritized examination to accelerate the process. The original patent was filed on August 3, 2022 (application #17880055) to protect programmatic methodologies and algorithms to automate integrated circuits electrical connectivity mismatches correction, with the goal of shortening microchip’s design cycle, particularly for advanced nanometer nodes of 5nm and below.

 

Read this in full at https://www.investorideas.com/CO/GOPH/news/2022/09141Integrated-Circuits-Connectivity.asp

 

Layout Versus Schematic (LVS) checking process compares the IC’s mask with the schematic netlist to determine if they match. The comparison results are considered ‘pass’ (or ‘clean’) if all the electronic devices and connectivity that are described in the schematic match the devices and connectivity in the layout.  A ‘fail’ (or ‘dirty’) results means connectivity and/or devices mismatches. Particularly with Analog or MIXED layout types, these mismatches would have to be fixed manually which is a tedious, time consuming, manual design work. A layout designer would have to debug the results, identifying the wrong electrical connections and/or device mismatches, and make the necessary layout modifications to achieve a ‘clean’ comparison.

 

GBT’s non-provisional patent application seeks to protect an algorithmic system and method to perform this process automatically. With a click of a button, the system is designed to read the IC’s schematic and layout data, compare the devices and electrical connectivity (wiring) and in case of mismatches detection, disconnect the faulty wires, and re-connect them in the layout to achieve a ‘clean’ LVS. The system is designed to automatically correct the layout, without causing any other LVS, geometrical (DRC), Reliability Verification (RV), and DFM (Design for Manufacturing) violations.

 

“We requested to expedite our LVS Automatic Correction nonprovisional patent (internal code name: ‘Sigma’) as we believe that it may have the capability to potentially impact the IC design world. GBT predicts a global growth in the semiconductor arena in the next decade and plans to invest vast efforts in this domain. Especially for advanced nodes, we believe there will be a need for productivity enhancement EDA technology to catch up with physics that dictates IC’s manufacturing processes. Small nodes, like 5nm and 3nm and below, are expected to create a whole world of challenges and an intelligent, efficient solutions are needed. We are working on programmatical approach to provide design automation solutions, identifying weak spots and bottlenecks within the IC layout design arena, and providing algorithmic methodologies to overcome challenges. One of the major verification processes within IC design cycle is LVS; Layout-vs-Schematic. In this process the physical IC layout is compared to its correspondence electrical schematic. This comparison process may result in connection mismatches between the schematic diagram and the mask layout data, particularly with Analog, RF, and MIXED layout types. A mismatch typically means a faulty electrical connection in the mask layout database that does not match its corresponding wiring in the schematic diagram. This may cause a circuit malfunction or wrong functional outcome.  A correction of electrical connectivity mismatches within IC data can be a significant time-consuming process, especially with advanced nanometer chips, like 5nm and below, that may include billions of transistors. The technology underlying our non-provisional patent application presents an automated LVS correction system to analyze the data of an entire chip, checks for electrical connectivity mismatches and Auto-Correcting them with a click of a button. It’s a major challenge to perform such an operation programmatically and we are using advanced mathematics and AI technology to address the vast amount of data processing, complex mathematical analysis, concluding possible solutions, and executing auto-corrections. We consider this IP as one of GBT’s innovative IC design productivity enhancement technology, and plan to pursuit further R&D efforts in it in the future,” stated Danny Rittman, the Company’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order 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 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 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 because 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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