SAN DIEGO, CA, July 31, 2018 (GLOBE NEWSWIRE) -- Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence, enabling mobile technologies, is now embedding its Avant! AI into its 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.
Gopher Avant! AI is targeted to support a wide variety of applications, among them Gopher digital coin, our GEO tracking system, MESH network operation, autonomous operation and overall control of Gopher's microchip technology. Avant! AI has been designed to supervise the Blockchain System to keep records of all data exchanges, referred to as a ledger in the cryptocurrency world. It is intended that, when fully developed, each data exchange, which is a transaction, will be inspected and supervised by Avant! for security, authenticity and accuracy. Only after Avant! inspection and approval, the transaction will become verified and added to the ledger as a block. The AI system will be embedded as an integral part of Gopher’s digital coin Blockchain system.
"We will utilize Avant! AI features to ensure secured and accurate operation of our digital coin for the benefit of our users,” provided Danny Rittman, Gopher's CTO. "Avant! will be supervising our distribution system to verify each transaction. Only when signed and verified by Avant!, will each transaction be added to the Blockchain as a block. We believe Avant! AI capabilities will ensure the ultimate security and efficiency verifying each exchange. Although our digital coin is a decentralized system, using Avant! cognitive capabilities will enable Blockchain behavior patterns study, intruder predictions/alerts and real time contingency plans in order to maintain tight security. As Avant! has been designed to learn from its experience, with time, we believe it will have the capability to manage our digital coin Blockchain autonomously becoming the system's authority," continued Dr. Rittman.
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.
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Forward-Looking Statements
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Contact:
Dr. Danny Rittman, CTO
Gopher Protocol Inc.
VM Only 888-685-7336
Media: press@gopherprotocol.com