Blockchain Creating Unique Technological Advancements For Next Generation Artificial Intelligence Technologies

PALM BEACH, Florida, June 19, 2018 /PRNewswire/ --

MarketNewsUpdates.com News Commentary 

One can hardly go online or switch on the news without hearing something about blockchain technology, artificial intelligence (AI), cryptocurrency or Internet of Things (IoT) these days. The blockchain market has been recently been receiving a boost from artificial intelligence advancements, allowing secure platforms to more efficiently operate and generate higher revenue levels. According to ReportBuyer, the global Blockchain market is projected to surpass $6 billion in revenue by 2023. As far as blockchain for crytocurrency, the blockchain behind bitcoin is a public ledger of every transaction that has taken place. It cannot be tampered with or changed retrospectively. Advocates of the technology say are making bitcoin transactions more secure and safer than current systems as the technologies continues to evolve. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC: GOPH), Pareteum Corp. (NYSE: TEUM), Global Blockchain Technologies Corp. (OTC: BLKCF) (CSE: BLOC), Global Payout Inc. (OTC: GOHE), SingePoint Inc. (OTC: SING).

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 Dr. Danny Rittman filed a patent for a blockchain-based radio generated digital currency. The application has been assigned the serial number 16/008,069, and the non-provisional filing date is June 14, 2018. Gopher is the exclusive licensee of the patent. Gopher is exclusive licensee of technology developed by Dr. Rittman.  

The patent application contemplates the use of the Gopher Radio Coin or GRC. Gopher envisions GRC as a new form of digital currency. A digital currency is a medium of exchange that is generated, stored and transferred electronically. Digital currencies are not typically associated with any country's government or represented in physical forms like the coins and notes of traditional (fiat) currencies. The GRC technology covered by the patent envisions a new, private, secured digital currency that is encapsulated within Gopher's system to be used by Gopher's customers and members.