Artificial Intelligence (AI) Takes a Giant Leap Forward With Blockchain Infusion

PALM BEACH, Florida, June 14, 2018 /PRNewswire/ --

MarketNewsUpdates.com News Commentary 

It is undeniable that Artificial Intelligence (AI) and blockchain are two of the major technologies that are driving the pace of innovation and introducing radical shifts in rapidly growing list of industries. As Artificial Intelligence advances, the need for enhanced security is becoming apparent and therefore Blockchain is becoming more common in the market. Leaders in tech are more and more infusing the two cutting edge technologies to create innovative products and increase efficiencies. One of the factors driving this trend is the nature of the two technologies as they work well together hand in hand. It's projected that Blockchain and AI will eventually become inseparable as intelligent platforms evolve and become more mainstream. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), NVIDIA Corporation (NASDAQ:NVDA), Intel Corporation (NASDAQ:INTC), International Business Machines Corporation (NYSE:IBM), Twilio Inc. (NYSE:TWLO).

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, is pleased to announce that its partially owned subsidiary, Gopher Protocol Costa Rica, S.R.L. has entered into a Letter of Intent to acquire TOKENIZE-IT S.A. pursuant to which Gopher will issue 20 million shares of common stock to TOKENIZE-IT.

TOKENIZE-IT is a software developer and technology company which owns a portfolio of blockchain technologies focused on providing technology and services to third parties for the purchase of converting income producing assets and cash flow streams into tokens that can be traded as well as the tokenization of financial sovereign instruments. These blockchain utility tokens are not dependent on a single blockchain technology, they can be created on multiple blockchains.

In parallel with the closing of the TOKENIZE-IT transaction as contemplated by the Letter of Intent, TOKENIZE-IT will enter into a joint venture agreement with GBT Technologies, S.A. ("GBT") to access token and cryptocurrency trading through a fully licensed and Central Bank regulated "Currency Exchange" in Costa Rica. It is the goal of TOKENIZE-IT to further enhance its product offerings by providing multiple abilities to enhance liquidity and positive exposure to its tokens by listing them on GBT's exchange platform. As a result of the joint venture, TOKENIZE-IT will issue equity securities to GBT representing a 50% interest in TOKENIZE-IT and assign 20 million shares of Gopher to GBT.