Artificial Intelligence to Reach a New Level With Infusion of Blockchain Technology Innovation

PALM BEACH, Florida, May 31, 2018 /PRNewswire/ --

MarketNewsUpdates.com News Commentary 

As artificial intelligence (AI) technologies and platforms become integral to advanced operations in nearly every industry, blockchain is inserting itself as a means to enhance AI applications in both form and function. Blockchain has the potential to allow AI technologies to become more collaborative in nature and therefore increase their operating efficiency. Additionally, the potential for bolstered revenue streams is also apparent, as blockchain is projected to grow to $20 billion by 2024 according to Transparency Market Research and the Grand View Research projects the AI market will be worth more than $35 billion by 2025. As previously noted, leaders in the AI landscape are turning to blockchain to finetune various applications. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Overstock.com Inc. (NASDAQ:OSTK), Xunlei Limited (NASDAQ:XNET), Pareteum Corporation (NYSE:TEUM), NVIDIA Corporation (NASDAQ:NVDA).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, formed a joint venture with the formation of a limited liability company, Gopher Protocol Costa Rica Sociedad De Responabilidad Limitada ("Gopher CR"), in Costa Rica with the Lara Group with both parties owning 50% of Gopher CR, which will be managed by Mauricio Lara Ramos, Esq. Gopher CR intends to invest and develop AI-BlockChain assets or businesses in Latin America with initial efforts focused on smart contracts.

"I am looking forward to working with Gopher and using their technological resources, intellectual property and financial backing to find new solutions for the underserved and under-banked markets of Latin America that represent an approximate market of 250 million people. The applications for blockchain solutions are unlimited and I look forward to combining local assets with the Gopher's platform to potentially create new revenue streams for Gopher CR" stated Mr. Lara. Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html