Tuesday, February 16, 2021

#AI/ #Security News: GBT (OTCPINK: $GTCH) Filed Patent Application for AI Based #FacialRecognition Security System #Artificialintelligence

 #AI/ #Security News: GBT (OTCPINK: $GTCH) Filed Patent Application for AI Based #FacialRecognition Security System #Artificialintelligence

 


San Diego, CA, February 16, 2021 –(Investorideas.com Newswire) GBT Technologies Inc. (OTCPINK: GTCH) ("GBT” or the “Company”) with GBT Tokenize Corp. (“GBT/Tokenize”) filed with U.S. Patent and Trademark Office (“USPTO”) a patent for AI facial recognition system, for computers and mobile devices. The application has been assigned serial number 63147326 and the filing date is February 9, 2021.  The deadline for filing a U.S. nonprovisional, PCT, or other foreign applications is February 9, 2022.

 

Read this in full at https://www.investorideas.com/CO/GOPH/news/2021/02161Facial-Recognition-Security.asp

 

The invention is presenting an AI based security system for smartphones and computers. The methods and algorithms learn a user’s facial and body features by one-time user’s training. Based on this information, the system is designed to identify the user with or without a face mask, or any other type of bodily clothing. The patent contemplates a system that can identify user’s facial and body’s changes, like weight gain/loss and similar changes, alerting the user in real time. It is expected that this feature, if fully developed, can be used for a wide variety of purposes. For example, smartphone’s facial unlocking with or without face cover, health watcher, personal clothing design and similar applications. There may also be applications of such technology for security systems for law enforcement and military applications. For example, identifying persons of interest in airports with or without face masks. The patent contemplates a system including an artificial intelligence technology to learn the user’s facial and body features among them are skull size, eyes distance, and bones structure. The patent contemplates that the system will learn the user’s body’s features like skeleton shape, body size, and unique bodily features. Implementations of the described techniques may include hardware, a method or process, or computer software on a computer-accessible medium. The system may also include a mobile application software and server backend programs. For security purposes the user still has the option to enter passcode or fingerprint reading to unlock his/her smartphone, computer and other apparatus. GBT will evaluate to use this technology for a wide variety of applications among them health related device security, network protocols security, surveillance real-time analytics, video’s identification, and law enforcement. The Company will evaluate to incorporate this type of technology within its mobile applications and computer systems.


"The security of our electronic devices has become a major challenge in the past decade as we witness a significant increase in cybercrimes. As we are working on our health monitoring hardware and software technology, we aim to provide the highest level of data security and privacy for our users. Computer vision algorithms are applied directly to the given three-dimensional data that is taken by camera to develop detectors for locally interesting points. We apply vision-based methods to construct 3D object models from full or partial views. We also introducing algorithms that consider spectral geometric features on structures, recognizing vertexes using stereotypical vision. We measure facial and bodily points distances and transform them into a 3D point figure using internal calibration algorithms. We expect that this process is done once during the user’s training stage. We plan to evaluate further applications for this type of technology like health watcher system, fitness monitoring, airport security and law enforcement.” stated Danny Rittman, the Company’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system or that it will be granted the patent.  In order to successfully implement this system, 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 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
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Tuesday, February 2, 2021

HomelandDefenseStocks.com Q&A Interview with Scott Sacknoff, SPADE Defense Index ( $DXS) – Themes for #Investors in 2021

HomelandDefenseStocks.com Q&A Interview with Scott Sacknoff, SPADE Defense Index ( $DXS) – Themes for #Investors in 2021

 


 



 

Point Roberts, WA and Delta, BC – February 2, 2021 (Investorideas.com Newswire, Investorideas.com, a global news source and leading investor resource releases an exclusive Q&A interview through its defense portal HomelandDefenseStocks.com.

 

Sacknoff, manager of the SPADE Defense Index (DXS), an investment benchmark for companies involved with the defense, homeland security, aerospace, and government space markets, discusses his forecast for 2021 and themes investors should watch for.

 

Read this in full at https://www.investorideas.com/news/2021/defense/02021Interview-Scott-Sacknoff-SPADE.asp

Q&A Interview: HomelandDefenseStocks.com (HDS) Scott Sacknoff

 

Q: InvestorIdeas.com:  After more than twenty years of your index outperforming the US stock market, by more than 120% in each of the past two decades, aerospace and defense stocks significantly underperformed the market in 2020. Talk to us about that and what you see for 2021?

 

A: Scott Sacknoff: There is no denying that the sector was hit hard last year, although it must be pointed out that despite the major challenges for the sector in 2020, after dividends, the index still finished the year in positive territory. 

 

To remind people of the challenges impacting the sector, the year began with the Boeing 737 Max being shut down by regulators as it underwent a global design review. Commercial aerospace firms were then quickly impacted by the COVID-19 pandemic, which reduced commercial air travel by up to 90% at times. Roughly a quarter of revenues by the defense firms in our index typically come from commercial sales. So, while defense contracts remained stable and the Pentagon was able to allocate pandemic relief via new contracts to systematically important firms, navigating in a pandemic environment was still a challenge for most firms. 

 

Faced with this commercial market uncertainty and combined with presidential and congressional elections in the latter part of the year, many investors in the sector moved to the sidelines; especially after a 20-year period of outsized gains. That said, we ended the year with a number of positives and investors should see these play out in 2021. 

 

 

Q: InvestorIdeas.com:  Tell us about those and your forecast for 2021? 

 

A: Scott Sacknoff: I believe that the case for defense stocks remains strong. There is no demand shortage for the products these companies sell and many of the technologies they are involved in will remain key areas of investment for years to come. Whether it’s autonomous control of vehicles and drones, cybersecurity, space technology, or lightweight batteries and power supplies.  Although changes in the political leadership at the White House and in Congress can lead to a shift in priorities; what drives defense stocks ultimately is how safe we feel. The world does not appear to be getting any safer and our level of comfort hasn’t risen since the “peace dividend” after the fall of the Soviet Union in the late 1980s/1990s.  And despite defense spending being flat in the United States, international sales have grown significantly over the past decade. Overall, global defense spending continues to rise with a total worldwide market greater than $2 trillion--China’s defense budget rose 6.6% in 2020, France’s grew 4.5% in 2021, and Japan has seen 9 consecutive years of growth.

 

With respect to commercial aerospace, the major headwinds from 2020 are moving toward resolution.  Regulatory agencies around the world have approved the Boeing 737 Max to return to flight and a number of airlines have already started flying the planes without incident.  More importantly several vaccines have been approved and we believe that significant progress to controlling the pandemic should  lead to a 3Q21 and 4Q21 rebound in commercial air traffic, though obviously not to pre-pandemic levels immediately. 

 

Finally, we anticipate that the significant investments into military, civil, and commercial space-related ventures will continue. Private investors put more than $12 billion into these activities during the 1H20, numbers that are large enough to have a meaningful impact. 

It is our belief that a return to normal will boost the sector and provide investors interested in the aerospace and defense with a number of opportunities. 

 

 

Q: InvestorIdeas.com:  In your most recent SPADE Investor newsletter you refer to several themes for 2021. Please tell us about those.

 

A: Scott Sacknoff: Well, we’ve already addressed some, but any investor interested in the sector should recognize the following:  First, the pandemic.  How do we overcome it and will any new variants impact how fast we get back to normal? Second, the need for security transcends elections and partisan politics. Third, the world is still a dangerous place. We may have forgotten because the news cycle in the US has focused on the pandemic and the election but there are a lot of problems around the world including, as the events on Capitol Hill in January showed, internal and external threats to homeland security. People generally feel unsafe. Fourth, what is the focus of the new administration?  Will they continue the shift to allocate resources toward big power enemies such as China and Russia and away from those posed by terrorist non-nation state threats? Will they continue to approve international arms sales or add restrictions?  And finally, we see defense sector mergers and acquisitions to continue, presenting a number of opportunities for investors.

 

 

Q: InvestorIdeas.com: Lastly, as a defense analyst, what worries you the most?

 

A: Scott Sacknoff:  I think so much attention by the media has focused on the pandemic and politics in recent years that we’ve lost sight of the all the problems the world is facing. The US has a diverse list of adversaries including China, Russia, Iran, and North Korea, and there are a number of hot spots around the globe that most people don’t know about. There is a new nuclear arms race resurfacing and increasing competition in the domains of cyber and space. Terrorism has been quiet, but we know things happen when we least expect them. And of course, I obviously worry about the rise of COVID-19 emergent strains that are vaccine resistant.

 

InvestorIdeas.com:  Thank you for taking the time to chat with us.  For more information on the SPADE Defense Index, please visit spadeindex.com/defense.  To learn more about the Invesco Aerospace and Defense ETF that tracks this benchmark, please visit Invesco’s website, the ticker on the NYSE Arca is “PPA”.

 

Disclosures

SPADE Indexes LLC is the owner of the trademarks, service marks, and copyrights related to the SPADE Indexes.

 

This interview does not constitute an offer of an investment product. SPADE Indexes makes no representation regarding the advisability of investing in vehicles based on any of its indexes including the SPADE Defense Index. All information is provided ‘as is’, for information purposes only, and is not intended for trading purposes or advice. Neither SPADE Indexes nor any related party is liable for any informational errors, incompleteness, or for any actions taken based on the information contained herein. For additional disclosures and disclaimers, please visit the SPADE Indexes website at: http://spadeindex.com/about-spade-indexes/legal-and-disclaimers/

 

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