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Artificial Intelligence (AI) Infusion With Blockchain is Today's Perfect Synergy Quickly Gaining Momentum


News provided by

MarketNewsUpdates.com

31 Jul, 2018, 12:30 GMT

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

MarketNewsUpdates.com News Commentary 

The blockchain and Artificial Intelligence (AI) are two cornerstones of the new technology frontier. The blockchain offers a secure yet transparent way of handling big data, while AI looks to replace traditional human intervention or outdated algorithms with smart coding that can learn and adapt from the information it collects. The rising technological and operational paradigms that are a source of disruption for the digital currency industry is reaching new levels because of the latest implementation. Disruptive and innovative applications of new technologies that include Artificial Intelligence (AI), Internet of Things (IoT), cloud computing, biometrics, digital identity, blockchain, cybersecurity are all playing a huge role with regards to the many facets of technology including digital currency all setting up to become the next generation in technological advancements. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Pareteum Corporation (NYSE:TEUM), Seven Stars Cloud Group, Inc. (NYSE:SSC), Riot Blockchain, Inc. (NASDAQ:RIOT), Accenture (NYSE:ACN).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence, enabling mobile technologies, is now embedding its Avant! AI into its GRC - (Gopher Protocol Coin). As previously disclosed, Gopher's exclusive licensor filed a non-provisional patent covering a proprietary GRC Blockchain-Based Radio Generated Digital Currency as announced on June 19, 2018 - https://www.otcmarkets.com/stock/GOPH/news/Gopher-Protocols-Exclusive-Licensor-Files-Patent-Covering-Proprietary-GRC-Blockchain-Based-Radio-Generated-Digital-Curre?id=195811 . 

Gopher Avant! AI is targeted to support a wide variety of applications, among them Gopher digital coin, our GEO tracking system, MESH network operation, autonomous operation and overall control of Gopher's microchip technology. Avant! AI has been designed to supervise the Blockchain System to keeps records of all data exchanges, referred to as a ledger in the cryptocurrency world. It is intended that, when fully developed, each data exchange, which is a transaction, will be inspected and supervised by Avant! for security, authenticity and accuracy. Only after Avant! inspection and approval, the transaction will become verified and added to the ledger as a block. The AI system will be embedded as an integral part of Gopher's digital coin Blockchain system.

"We will utilize Avant! AI features to ensure secured and accurate operation of our digital coin for the benefit of our users" provided Danny Rittman, Gopher's CTO. "Avant! will be supervising our distribution system to verify each transaction. Only when signed and verified by Avant!, will each transaction will be added to the Blockchain as a block. We believe Avant! AI capabilities will ensure the ultimate security and efficiency verifying each exchange. Although our digital coin is a decentralized system, using Avant! cognitive capabilities will enable Blockchain behavior patterns study, intruder predictions/alerts and real time contingency plans in order to maintain tight security. As Avant! has been designed to learn from its experience, with time, we believe it will have the capability to manage our digital coin Blockchain autonomously becoming the system's authority" continued Dr. Rittman.  Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html 

Other recent developments in the tech industry include:

Pareteum Corporation (NYSE:TEUM), the rapidly growing Global Cloud Software company, delivering award winning mobile enablement solutions, announced last week its existing customer, a Brazilian-based Mobile Service Provider, has chosen Pareteum's Global Cloud Solution Platform (GCSP) to empower their expanding global offering. Pareteum's Global Cloud Solutions Platform provides our client an integrated software application view for safely and securely managing their global traveler customers. The Brazilian-based company will now use Pareteum's GCSP to provide mobile airtime connectivity, specifically designed for their customers' use when traveling to the United States. Pareteum's Insights Engine will provide metrics and data as customer preferences are identified, designing new product offerings, based off that information. End-customers will recognize higher-value local connectivity options provided at lower costs, as opposed to standard international roaming fees.

Seven Stars Cloud Group, Inc. (NYSE:SSC), is pleased to announce that the Company has successfully raised $26M from various leading strategic investors. SSC is aiming to become a next generation Artificial-Intelligence (AI) & blockchain-powered, fintech service company, focusing on digital asset production and distribution. The Company facilitates and enables the transformation from traditional financial markets into the asset digitization era.

Riot Blockchain, Inc. (NASDAQ:RIOT) recently announced the beta development of its own private Bitcoin Mining Pool. Mining pools are groups of miners that work as a team and contribute their hashing power to solving computations that secure the blockchain. By pooling resources, miners increase the odds and consistency of receiving block rewards, which are the fees collected as part of Bitcoin's "proof of work" security model. Securing the Bitcoin network is based heavily on the distributed nature of mining power. As mining pools have become more popular, higher percentages of the global hash rate have become centrally managed. This centralization has created potential security concerns within the Bitcoin community.

Accenture (NYSE:ACN) and Google Cloud last week launched the Accenture Google Cloud Business Group (AGBG), which will help companies use Google Cloud technology to help deliver superior customer experiences and accelerate their digital transformation journeys. Combining Accenture's extensive industry knowledge with the power of Google Cloud technology, AGBG will allow Accenture and Google Cloud to develop intelligent solutions leveraging data-driven insights. The new group is comprised of a team of specialists from both companies and will initially focus on developing cross-industry solutions for clients in North America, Europe and Japan. In addition, Accenture was recognized as the 2017 Google Cloud Platform Partner of the Year, in recognition of Accenture's demonstrated sales, marketing, technical and support excellence to help clients take advantage of the Google Cloud product suite to transform their businesses.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press releases issued by Gopher Protocol Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Contact Information:
Media Contact:
email:  info@marketnewsupdates.com
+1(561)325-8757

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