Gopher Technology Now Deployed On WISE Blockchain Platform


WISE Has Successfully Created Its Smart Contract

SAN DIEGO, CA, Dec. 17, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher”), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global mesh network technology platform for both mobile and fixed solutions, announced today its technology has been successfully deployed by its licensee WISE Network S.A (“WISE”), which has created its smart contract on the Blockchain platform.

As announced in late November, Gopher and WISE collaborated on the implementation of Gopher’s licensed technology. WISE has now successfully created its smart contract built on the Ethereum Blockchain, based on the ERC20 standard. The repo link to GitHub where the smart contract can be scrutinized by any developer in the world is https://github.com/GBTTech/wise-erc20-token-smart-contract.

This means that WISE now has completed the token infrastructure and is ready to be launch six months before WISE’s anticipated ICO takes place. The WISE smart contract was developed and completed using private funds to build confidence and trust in WISE’s Blockchain programming abilities as well as its corporate responsibility towards future token holders in advance - https://youtu.be/eLeBC_aC_RQ.

This early launch proves WISE’s commitment to its roadmap, which will soon be part of WISE’s new site https://wise.cr.

Doug Davis, Gopher’s Interim CEO, stated: "We are proud to see implementation of our technology platform into the Blockchain space in partnership with WISE. While Gopher is not a cryptocurrency or Blockchain company, it is a leading supplier of Asset Tracking IoT and Global Mesh Network technology platforms that licensees such as WISE can use to enhance their Blockchain-based offerings.”

About Gopher Protocol Inc.

Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”) (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms.  Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software.  Gopher’s system envisions the creation of a global mesh network.  The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. Gopher envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.

About WISE

WISE Network S.A. (“WISE”) is a Costa Rican corporation that has created the WISE Platform (http://www.wise.cr/). This Platform will be using the newly created WISE Token, for which WISE will also be conducting an ICO. WISE will have powered its Enigma Chip, based on Gopher’s licensed technology, which will be designed to deploy a radio wave based Blockchain system, enabling distributed ledger, robust security, and real-time, vast data handling for IoT and mobile domains. The chip hardware is accompanied with embedded software, and is designed to work through its private, secured network protocol. Enigma IC can use Wi-Fi or Cellular networks to communicate with other Enigma ICs. In addition, the microchip can communicate via its own radio waves in a wide variety of frequencies, in locations where there are no cellular or Wi-Fi services, thereby expanding IoT tracking of Blockchain-based assets globally. It is expected that this feature opens an entire world of IoT and network possibilities for remote locations. The Enigma microchip includes Gopher’s Avant! AI for Blockchain management and security.

A demonstration is available via an educational video released by Gopher and WISE -- https://youtu.be/3z0avXbYZoc

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.


            

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