GBT is Evaluating the Implementation of its Intelligent Financial and Database Management Technologies for Social Media and Entertainment Mobile Applications

SAN DIEGO, Calif., Nov. 22. 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) is evaluating the implementation of its clever monetary and database administration know-how for social media purposes. GBT’s AI-driven bank card administration techniques might be an efficient candidate for use inside social media and leisure purposes on account of its monetary profit options. The know-how consists of a wise system to investigate and course of bank cards in the most useful Transactions are monitored, tracked and secured by a synthetic intelligence engine to make sure effectivity, person’s highest monetary profit and future planning.

The know-how will probably be evaluated inside internet and cell purposes primarily based on GBT’s patented database administration methodology and particularly tailored for social media purposes. GBT’s patented database administration strategies are designed to make sure superior cyber safety measures for the assessed cell and internet purposes. The app’s monetary transactions will probably be monitored in line with their traits, person’s finest curiosity and credit score strains. GBT plans to judge its patented database administration system to implement a blockchain operation, with the purpose of creating a sturdy cyber safety measure. GBT’s database sharing is deliberate to guard in opposition to knowledge theft and guarantee person privateness. GBT plans to judge the use of tokens, cash and different frequent media utility monetary mediums to work with its know-how. GBT’s purpose is to judge its clever monetary system as an efficient, extremely secured, financial assistant inside social and leisure cell and internet purposes that ensures the person’s finest curiosity with sturdy safety.

“In today’s social media and entertainment world, financial transactions are an integral part of our daily operations. Whether it’s placing an electronic ad, buying digital tokens, or buying a piece of art, we conduct entertainment-related financial transactions every day. There are countless credit card, banking, and other monetary oriented transactions being conducted within mobile and web applications, every second, worldwide. We decided to evaluate our intelligent financial IP and database management technologies with the aim of creating an efficient, highly secure monetary system specially adapted for social media and entertainment applications. We plan to assess these technologies in a wide range of applications, including high-resolution graphics, gaming and media. Our AI-controlled financial transaction management system aims to automatically help users with their monetary decisions and security by monitoring the user’s accounts and selecting the best debit option according to the transaction’s characteristics at that time.

The system will learn the user’s financial transaction pattern and his/her lines of credit characteristics and rank them according to their financial characteristics. When a transaction is to be executed, the system will select the best card, bank account or other monetary method to be used according to its rank, to ensure the user’s best financial interest. Our patented database sharing and management system will ensure a robust level of cyber security through blockchain and segmentation techniques. GBT’s artificial intelligence technology aims to be used to empower the entire system to ensure fast performance and robust security. The purpose of our evaluation is to evaluate the implementation of our financial and database technologies, to create a personal, secure financial system, specifically designed for social media and entertainment with the aim of offering the best payment method choice, fast and highly secured, ” mentioned Danny Rittman, GBT’s CTO.

There is no assure that the Company will probably be profitable in the analysis, improvement or implementation of this technique or that the patent (or earlier provisional patent) will probably be granted to it. To efficiently implement this technique, the Company might want to increase adequate capital to assist its analysis and, if efficiently researched, developed and granted regulatory approval, the Company might want to enter right into a strategic relationship with a 3rd get together skilled in manufacture, sale and distribution of this product. There is no assure that the Company will probably be profitable in all or any of these essential steps.

About us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a improvement stage firm that considers itself a local of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile know-how platforms that use turn into to extend IC efficiency. GBT has assembled a workforce with in depth know-how experience and is constructing an mental property portfolio consisting of many patents. GBT’s mission, to license the know-how and IP to synergistic companions in the discipline of {hardware} and software program. Once commercialized, GBT goals to have a spread of merchandise together with sensible microchips, AI, encryption, Blockchain, IC design, cell safety purposes, database administration protocols, with monitoring and supporting cloud software program (with out the want for GPS). GBT envisions this technique as a creation of a worldwide mesh community utilizing superior nodes and super-performing new technology IC know-how. At the coronary heart of the system will probably be its superior microchip know-how; know-how that may be put in in any cell or fastened gadget worldwide. GBT’s imaginative and prescient is to provide this technique as a low-cost, safe, personal mesh community between any and all enabled units, thereby offering shared processing, superior cell database administration and sharing whereas leveraging these enhanced cell options as a substitute for conventional provider providers turn into .

Forward-looking statements

Certain statements contained on this press launch could also be “forward-looking statements”. Forward-looking statements present present expectations of future occasions primarily based on sure assumptions and embrace any assertion that doesn’t immediately relate to any historic or present truth. Actual outcomes could differ materially from these indicated by such forward-looking statements on account of numerous essential elements as disclosed in our filings with the Securities and Exchange Commission positioned on their web site (http://www.sec.gov). In addition to those elements, precise future efficiency, outcomes and outcomes could differ materially on account of extra basic elements, together with (with out limitation) basic trade and market situations and progress charges, financial situations, authorities and public coverage modifications, the Company’s skill to extend capital on acceptable phrases, if in any respect, the Company’s profitable improvement of its merchandise and the integration into its present merchandise and the industrial acceptance of the Company’s merchandise. The forward-looking statements included on this press launch signify the Company’s views as of the date of this press launch and these views could change. Although the Company could select to replace these forward-looking statements in some unspecified time in the future in the future, the Company particularly disclaims any obligation to take action. These forward-looking statements shouldn’t be relied upon as representing the Company’s views as of any date subsequent to the date of the press launch.

Contact:
Dr. Danny Rittman, CTO
[email protected]