GBT TECHS INC. GTCH
GTCH
- USD (-)
- 15 min delayed data - NASDAQ OTCBB
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GTCH
ISIN:

GBT’s Database Management System, Continuation Patent Received Notice of Allowance

  • 42

The continuation patent is expected to be granted during the next few months and protects an innovative concept of secured mobile database management system.

SAN DIEGO, April 13, 2023 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), continuation applications for its mobile database sharing, received notice of allowance from the United States Patent and Trademark Office (USPTO). The database management technology underlying the continuation applications is targeted to enable a highly secured communication protocol and to produce increased processing of database objects through its networks. The continuation application seeks to broaden the scope of the original patent and strengthen its protection aspects. The technology seeks to alleviate to a great extent the disadvantages of known systems and methods of database management and sharing by providing an innovative method for database management and sharing over mobile devices, using a private, secured communication protocol. The described methods and systems are based on a proprietary Integrated Circuit (IC) and a mobile/server software application to split database objects into segments and share them among other mobile devices. These segments are sent via private, secured channel to be stored on mobile devices worldwide and are indexed for restoration purposes. Upon the user's request to restore the database item, the system collects all database segments from all devices worldwide and assembles them together to restore the database object. These actions are done in real time and are transparent for the user. The described patent application covers a system to maintain a database item's backup on a central backup server for immediate restoration by demand. The described technology in the patent application aims to enable mobile and IoT devices to share and exchange vast amounts of data using highly secured, segmentation oriented, proprietary techniques. The original non-provisional patent was granted on December 1, 2020, as a US patent #10,853,327. The continuation application is expected to be granted during the next upcoming months.

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
[email protected] 

ti?nf=ODgwNjAzOSM1NTIxMjk3IzIxODg0MjM=
GBT-Technologies-Inc-.png

Primary Logo

GlobeNewsWire
GlobeNewsWire

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases, financial disclosures and multimedia content to media, investors, and consumers worldwide.