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Wednesday, December 22, 2021

#AI #Healthcare #Stocks to Watch: (OTCPINK: $GTCH) (NYSE: $BBLN) (NYSE: $GE) (NYSE: $PHG) @babylonhealth @GEHealthcare @PhilipsHealth

 



 



 #AI #Healthcare #Stocks to Watch: (OTCPINK: $GTCH) (NYSE: $BBLN) (NYSE: $GE) (NYSE: $PHG) @babylonhealth @GEHealthcare @PhilipsHealth

 

Adoption and Innovation of #AI #Tech in the #Healthcare Sector

 

Point Roberts WA, Vancouver BC– December 22, 2021 – Investorideas.com (https://www.investorideas.com/), a global investor news source covering Artificial Intelligence (AI) issues a sector snapshot on the role of AI in healthcare, featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).  

 

Read this article, featuring GTCH in full at https://www.investorideas.com/news/2021/artificial-intelligence/12221GTCH-BBLN-GE-PHG.asp

 

Artificial Intelligence (AI) technologies have achieved near ubiquity in everyday life and in few places is this more true than in the healthcare sector. Recent research published by Markets and Markets projects that globally the AI in Healthcare market will grow from $6.9 billion USD in 2021 to $67.4 billion by 2027. A similar report published by Allied Market Research forecasts a market size of $194.4 billion by 2030. As might be expected, much of this is driven by demands for innovation spurred on by the COVID-19 pandemic, but the former report in particular also cites the “market influx of large and complex healthcare datasets, growing need to reduce healthcare costs, improving computing power and declining hardware cost,” and more as being key factors influencing the market’s growth.

 

With regard to COVID-19 however, the following excerpt from the Allied Market Research report’s overview reads:

 

At present, AI technologies are playing a crucial role to combat the pandemic. Though the use of AI in healthcare is not a new notion, its application in the COVID-19 outbreak situation has proven its prospects in the sector. The AI tools are rapidly being used to detect & diagnose the virus and retort to the outbreak through personalized information and learning.

 

GBT Technologies Inc. (OTC PINK:GTCH), an early stage technology developer in (IoT), and Artificial Intelligence (AI) Enabled Mobile Technology Platforms, recently announced plans to implement Metaverse Technology within its Apollo (Internal Project Code Name) motion detection system. The following statement from the company outlines the technology, indicating as well its application outside of healthcare:

 

The system is based on radio waves and can detect a moving entity’s motion and stationary positions enabling an imaging technology to show these movements and positions on a computer screen in real time. Internal project code name Apollo, includes an AI technology that controls the radio waves transmission and analyzes the reflections, constructing 2D/3D images in real time.

The technology can be implemented within a wide variety of domains like health monitoring, security and computer vision. Apollo’s technology can be also used as an efficient driver’s monitoring system, detecting impaired or distracted drivers, providing audible and visual alerts; and in extreme cases, take over the vehicle. The system can distinguish between living entities and objects working through mediums like walls, underwater and underground, which enable the creation of a wide variety of safety and rescue applications. The system’s range is determined by its antennas and repeaters to enable larger coverage. GBT believes that this type of technology can be in the forefront of the wireless solutions arena; particularly, since it’s a wearable-less nature. The company is targeting building a generic prototype and engaging with possible partners to implement a practical application.

 

According to the press release, implementing Metaverse technology into Apollo facilitates the ability to “​​represent physical reality into augmented and virtual reality computerized environments. A further excerpt from the press release indicates:

 

“[The] Apollo system is targeted to be used for medical, security, and surveillance applications, and equipping it with Metaverse imaging technology, will offer major advancements within its cinematic capabilities."

 

Elsewhere, digital healthcare firm Babylon Holdings Limited (NYSE:BBLN) recently announced the launch of its AI-powered triage tool in Rwanda, as part of a 10-year partnership with the Government of Rwanda to build Africa’s first digital-first universal healthcare system. This AI-powered triage tool helps nursing staff by generating relevant questions, collecting information and providing insight, thus streamlining the entire triage process. Paula Musoni, Babylon’s Minister of ICT & Innovation, explained:

 

"The use of technology to deliver government services to Rwandans citizens has been at the core of the national ICT strategy. Whilst Rwanda has done extremely well in applying ICT to deliver most government services, the introduction of Babylon AI allows us to augment human capacity in a chronically understaffed sector that has been put under even more pressure due to the pandemic. Through this technology, Babyl is elevating the quality of treatment for every online patient irrespective of where they are in the country."

 

GE Healthcare, the $17 billion healthcare business subsidiary of General Electric (NYSE:GE), recently signed a letter of intent to collaborate to advance precision diagnosis and treatment of lung cancer with Optellum. Optellum is a private firm, described in the press release as the “leader in AI decision support for the early diagnosis and optimal treatment of lung cancer.” Ben Newton, General Manager, Oncology Solutions, at GE Healthcare, said:

 

"The precise diagnosis of lung cancer can greatly improve patient prognosis. The integration of imaging and medical device data from the Edison Platform with AI-enabled solutions like the one offered by the Optellum Virtual Nodule Clinic has the potential to streamline clinician workflows and advance our goal of making precision healthcare, taking the right action at the right time for every patient, at scale, as widely accessible as possible."

 

Royal Philips (NYSE:PHG) recently launched new AI-enabled innovations in Magnetic Resonance Imaging (MRI), at the Radiological Society of North America (RSNA) annual meeting, designed to “speed up MR exams, streamline workflows, optimize diagnostic quality, and help ensure the efficiency and sustainability of radiology operations.” Arjen Radder, General Manager of MR at Philips, said:

 

“At this year’s RSNA, we are focused on introducing scalable high performance MR systems to the imaging enterprise, with intelligent software built in to automate tasks to help relieve the burden on radiology staff and departments. With AI-driven smart connected systems, optimized workflows, and integrated clinical solutions, our goal is to deliver high quality diagnostic images while also improving radiology department productivity by relieving radiologists of burdensome routine tasks so they have more time to take care of their patients.”

 

While COVID-19 has undoubtedly amplified adoption and innovation of artificial intelligence technologies within the healthcare sector, AI is demonstrably well on its way to continue to develop as an integral part of the market after the pandemic.

 

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.

 

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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Disclosure: GTCH is a PR, social media and publishing client and compensates Investorideas.com https://www.investorideas.com/About/News/Clientspecifics.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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Friday, December 17, 2021

New #Stocks to Watch at Investor Ideas (NYSE: $SG) (Nasdaq: $PTLO), (NYSE: $LTH), (Nasdaq: $VLCN), (NYSE: $BFLY) (NYSE: $IRNT)

 New #Stocks to Watch at Investor Ideas (NYSE: $SG) (Nasdaq: $PTLO), (NYSE: $LTH), (Nasdaq: $VLCN), (NYSE: $BFLY) (NYSE: $IRNT)

 


 

Point Roberts WA, Delta BC, December 17, 2021 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Food & Beverage, Sports, Automotive, Medical Devices and Cybersecurity. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2021/main/12171Stocks.asp

 

This week’s new food and beverage companies are involved in restaurant operations, functional beverages, gluten/grain-free foods and wine marketing and distribution.

 

The latest sports company operated fitness centers while the newest Automotive company is the the first all-electric, powersports company.

 

Finally, the latest medical device company has created the world’s first handheld, single-probe whole-body ultrasound system while the newest cybersecurity is delivering the first-ever Collective Defense platform operating at scale.

 

New Stocks Added to Food & Beverage Stocks Directory:

Sweetgreen, Inc. (NYSE:SGpassionately believes that real food should be convenient and accessible to everyone. Every day, across its 140+ restaurants, their 5,000 team members create plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing. Sweetgreen strongly believes in harnessing the power of technology to enhance the customer experience, and leverages their app to create an omnichannel experience to meet their customers where they are. Sweetgreen’s strong food ethos and investment in local communities have enabled them to grow into a national brand with a mission to build healthier communities by connecting people to real food.

 

Portillo's Inc. (Nasdaq:PTLO) In 1963, Dick Portillo invested $1,100 into a small trailer to open the first Portillo’s hot dog stand in Villa Park, IL, which he called “The Dog House.” Years later, Portillo’s has grown to include restaurants in more than 67 locations across nine states. Portillo’s is best known for its Chicago-style hot dogs, Italian beef sandwiches, char-grilled burgers, fresh salads and famous chocolate cake. Portillo’s Home Kitchen is the company’s fast-growing catering business. Portillo’s also ships food to all 50 states via its website.

 

First Watch Restaurant Group, Inc. (Nasdaq:FWRG) is an award-winning Daytime Dining restaurant concept serving made-to-order breakfast, brunch and lunch using fresh ingredients. A recipient of hundreds of local “Best Breakfast” and “Best Brunch” accolades, First Watch’s award winning chef-driven menu includes elevated executions of classic favorites for breakfast, lunch and brunch along with First Watch-specific specialties such as our protein-packed Quinoa Power Bowl®, Farmstand Breakfast Tacos, Avocado Toast, Morning Meditation (juiced in-house daily), our Vodka Kale Tonic, Chickichangas and our famous Million Dollar Bacon. In 2021, First Watch was recognized as FSR Magazine’s Best Menu and as the fastest-growing full-service restaurant chain based on unit growth. There are more than 425 First Watch restaurants in 28 states, and the restaurant concept is majority owned by Advent International, one of the world’s largest private-equity firms.

 

Winc, Inc. (NYSE:WBEV) is one of the fastest growing at-scale beverage companies in the United States with a successful national portfolio of brands fueled by an omni-channel distribution network. Winc's unique digital-first marketing strategy and platform, Winc.com, drive e-commerce, deep customer connections, and data analytics, which we leverage across our expanding network of wholesale and retail partners to develop and scale brands, propelling its powerful omni-channel growth strategy.

 

Vita Coco Company, Inc. (Nasdaq: COCOwas co-founded in 2004 by co-CEO Michael Kirban and Ira Liran. Pioneers in the functional beverage category, The Vita Coco Company’s brands include the leading coconut water, Vita Coco; clean energy drink Runa; sustainable enhanced water, Ever & Ever; and protein-infused water, PWR LIFT. With its ability to harness the power of people and plants, and balance purpose and profit, The Vita Coco Company has created a modern beverage platform built for current and future generations.

 

Real Good Food Company, Inc. (NasdaqGM: RGF)         Founded in 2016, Real Good Foods believes there is a better way to enjoy our favorite foods. Its brand commitment, “Real Food You Feel Good About Eating,” represents the Company’s strong belief that, by eating its food, consumers can enjoy more of their favorite foods and, by doing so, live better lives as part of a healthier lifestyle. Its mission is to make craveable, nutritious comfort foods that are low in carbohydrates, high in protein, and made from gluten- and grain-free real ingredients more accessible to everyone, improve human health, and, in turn, improve the lives of millions of people. Real Good Foods offers delicious options across breakfast, lunch, dinner, and snacking occasions available in over 16,000 stores nationwide, including Walmart, Costco, Kroger, and Target, and directly from its website.

 

New Stocks Added to Sports Stocks Directory:

Life Time Group Holdings, Inc. (NYSE: LTHOver nearly 30 years, Life Time (NYSE: LTH) has reshaped the way consumers approach their health through omnichannel, healthy way of life communities that address all aspects of healthy living, healthy aging and healthy entertainment. More than 30,000 Life Time professionals are dedicated to providing the best programs and experiences at more than 150 Life Time athletic resort destinations in the United States and Canada, and via a complementary, comprehensive digital platform and portfolio of iconic athletic events – all with the objective of inspiring healthier, happier lives.

 

New Stocks added to Automotive Stocks Directory:

Volcon, Inc. (Nasdaq: VLCNis the first all-electric, powersports company producing high quality off-road vehicles. Based in Round Rock, Texas, Volcon joins many major electric vehicle manufacturers near Austin, Texas, an area that is poised to become the electric vehicle capital of the world. Volcon was founded with the mission to enhance the outdoor experience while reducing the industry's environmental footprint so that adventurers and workers alike can enjoy the outdoors and preserve it for generations to come. Volcon produces all-electric, off-road vehicles that are designed to elevate the adventure experience and help people get things done at work and on the home front.

Volcon's first product, the innovative Grunt combines a fat tire physique with high-torque electric power and a near-silent drive train which started shipping in September of 2021. Future models include the Runt, which is a youth-sized version of the groundbreaking Grunt. The Stag and Beast will be Volcon's venture into the rapidly expanding world of UTVs and coming in future years as the company continues to expand.

 

New stocks added to Medical Device Stocks Directory:

Butterfly Network, Inc. (NYSE: BFLY) Founded by Dr. Jonathan Rothberg in 2011, Butterfly Network has created the world’s first handheld, single-probe whole-body ultrasound system using its patented Ultrasound-on-Chip™ semiconductor technology. Butterfly’s mission is to democratize medical imaging and contribute to the aspiration of global health equity, including for the 4.7 billion people around the world lacking access to ultrasound. Butterfly is paving the way for earlier detection and remote management of health conditions around the world. The Butterfly iQ+ and Butterfly iQ+ Vet can be purchased today by healthcare practitioners and veterinarians, respectively, in the United States, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Butterfly iQ+ is a prescription device intended for trained and qualified healthcare professionals only.

 

New stocks added to Cybersecurity Stocks Directory:

IronNet, Inc. (NYSE: IRNT) Founded in 2014 by GEN (Ret.) Keith Alexander, IronNet, Inc. is a global cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale. Employing a number of former NSA cybersecurity operators with offensive and defensive cyber experience, IronNet integrates deep tradecraft knowledge into its industry-leading products to solve the most challenging cyber problems facing the world today.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

 

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.

 

Learn about investing in stocks and sector trends with our news alerts, articles,  podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto CornerPlay by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate ChangeExploring Mining and the AI Eye.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

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 Investorideas Wishes Everyone a Safe and Happy Holiday Season!

 


Wednesday, December 8, 2021

Breaking #AI #Health #Stock News: GBT (OTCPINK: GTCH) Starts Development of a Wearable Version of its qTerm Device; #Artificialintelligence

 Breaking #AI #Health #Stock News: GBT (OTCPINK: GTCH) Starts Development of a Wearable Version of its qTerm Device; #Artificialintelligence 

The company is now laying qTerm's wearable version architecture, which is planned to be an intelligent health monitoring solution

 


San Diego, CA - December 8, 2021 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT" or the "Company") started the development of its wearable version of its qTerm device. GBT's qTerm, is a human vitals device targeted to measure human vitals with a touch of a finger. GBT plans to design a wearable version of qTerm in a bracelet or watch form.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/12081Wearable-qTerm.asp

Wearable Health Devices are becoming increasingly popular over the past decade, assisting people to better monitor their health and activities. They are used for self-health monitoring, providing health related information that can help with earlier diagnostic and treatment. The technology is based on miniaturized sensors and electronics, that is enabling reliable and accurate wearable devices, assisting with health monitoring and potential detection of abnormalities. The qTerm wearable device plans to have the same features as the finger-touch version plus additional features that can be utilized due to its shape and size. The main wearable advantages are the capability to perform a background vitals check as part of its on-going health monitoring uses. Users will be able to initiate a check-per-demand at any time but the device is planned to conduct its own timely background checks based on user's health concerns and conditions. In this way even if users forget to take their daily vitals, the device will automatically do so for them, alerting of abnormalities. The device could be integrated with clinics and hospitals data systems to inform the health care system alerting physicians about concerns even during telemedicine sessions. The wearable device's hardware is planned to include optical sensors, Low Energy Bluetooth (BLE) radio, and an LCD display, Its plan is to be synchronized with qTerm's web portal and its mobile application. As with its finger-touch version, the data will be kept on a high security data center used by an AI program for analysis and on-going monitoring. GBT started to work on the device's architecture and plans to start its components design in Q1 2022.

 

"We started the design of qTerm's wearable version architecture and plan to start the system's components design in Q1 2022. As wearable health devices are constantly evolving, enabling continuous health monitoring of human vitals, we are taking this technology into a higher level, outfitting it with intelligent capabilities. One of its major planned key advantages is the capability to perform automatic background health measurements during a daily routine, relieving users from conducting on-demand checks, and in case of potential issue detection, the device will alert the user including his/her clinic or physician. This type of feature can be incredibly useful for users that forget to take their vitals at certain times, not aware of a potential health problem. The wearable version of qTerm is planned to be equipped with the same intelligent system to perform on-going health analytics and monitoring. Technically, the wearable device will include similar sensors with radio and mobile technologies, same as the finger version. It could be easily connected to hospitals or clinics data centers, sending the results to a physician's office during telemedicine sessions. qTerm wearable version will include a web widget and synchronized mobile application. We are now architecting the system's main components and its data structure. The device is based on multiple advanced technologies, among them are biomedical electronics, with radio software and data science. We envision our qTerm wearable device as an integral part of our personal health watching process, a concept with the purpose of positioning individuals within our healthcare system, managing their own health, working together with care providers to ensure a healthy lifestyle," said 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 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 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

Investorideas.com

 

More info on GTCH at Investorideas.com Visit: https://www.investorideas.com/CO/GOPH/

 

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Thursday, December 2, 2021

Breaking #AI #Health #Security #Stock News: GBT (OTCPINK: $GTCH) is Enhancing qTerm’s #Cybersecurity #Technology to Provide a Higher Level of Data Protection For its Users

 



 

Breaking #AI #Health #Security #Stock News: GBT (OTCPINK: $GTCH) is Enhancing qTerm’s #Cybersecurity #Technology to Provide a Higher Level of Data Protection For its Users

 

Homomorphic encryption techniques will be used to ensure robust privacy and security for qTerm’s user’s sensitive data and records

 

San Diego, CA, December 2 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTCPINK:GTCH) ("GBT”, or the “Company”) is enhancing its qTerm device cybersecurity technology in order to ensure robust privacy and sensitive data protection for its potential users. Due to the rise of sensitive data breach cases in the past few years, GBT decided to add another layer of data protection, developing breakthrough techniques to prevent potential data theft. The enhancements will be performed within the device’s AI computer programs to increase data security for its machine learning and computing environments. GBT's qTerm, a human vitals intelligence device is targeted to measure human vitals with a touch of a finger, and includes AI technology for personal health monitoring. The device is accompanied by a smartphone app and a synchronized widget web application to keep a history and provide health related analytics.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/12021qTerm-Cybersecurity.asp

 

GBT will be implementing Homomorphic Encryption (HE) techniques within its AI environment to enable encrypted data processing without decrypting it first. The qTerm algorithms send data back and forth over encrypted channels. The AI needs to perform computations and analysis and typically the system decrypts the information first, working on it, and re-encrypting it again before sharing it. This creates a potential security risk. HE technology enables robust data protection since the processing is always done with the encrypted data. HE techniques were known to have one major disadvantage, which is a very long processing time compared to decrypted data processing runtime. GBT developed new algorithms that operate with much higher performance enabling fast computations using HE methods. The company plans to implement HE technology within qTerm’s Machine Learning components, mobile and web interface computing environments.

 

“Our AI engine includes multiple modules that shares digital assets over internal channels. The machine learning sub-systems may communicate sensitive information, for example, sharing users medical/personal information between the data storage module and the data training module. In order to secure data, there are two major operations that are done, encryption and decryption. The encryption typically happens where the sensitive data is first captured, for example after qTerm device recording a user’s vitals. The data is then sent to the AI system for processing on the main data center. At the data center the data needs to be decrypted to work on, and then re-encrypted after completion. The decrypting phase introduces potential data breach risk. Using the HF technique eliminates the need for decryption, and all operations can be performed on the encrypted data which eliminates the major security risk. We plan to develop several types of algorithms in this domain that will use cryptography and mathematical methods to operate directly on encrypted data. In this way we’ll significantly enhance the data’s privacy and security. One of qTerm’s main purposes is to perform as a telemedicine device which communicates with its AI data center. User’s vital information will be sent via a web widget and HE based technology will ensure a high level of data security. AI systems require robust security mechanisms by their nature and by using HE we are preserving data privacy starting at the source. Particularly, with a telemedicine type device, like qTerm, the data will be encrypted and outsourced to its data center environment for processing, all while encrypted. In the past few years there is a constant growing concern about data privacy and security, and implementing new techniques and methods in this domain will ensure highly secured AI operation and computation. We believe that this is especially important for the qTerm’s device as it collects, processes and records sensitive personal and medical information,” said 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 and fully developed, 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

 

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