Gopher Protocol is Embedding its Avant! AI Technology Within its Cryptocurrency Digital Coin System


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.

Corporate Site: http://gopherprotocol.com

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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
Gopher Protocol Inc.
VM Only 888-685-7336

Media: press@gopherprotocol.com