SAN DIEGO, CA, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence, enabling mobile technologies, is incorporating its gEYE security engine into its digital currency Technology Platform, the GRC.
With Gopher technology, when fully developed, the radio based coin will provide that each transaction, called a block, is recorded. A Blockchain is a continuously growing list of transactions (Blocks). The validity of each GRC coin is provided by a Blockchain. The blocks are linked and secured together using cryptography. gEYE security system was developed to secure complex data and Gopher is in process to retrofit gEYE to secure Gopher GRC.
The gEYE system aim will be to secure Gopher's gNET communication protocol. The gEYE includes multiple layers of security methods, including advanced encryption as disclosed on The Company release from July 27, 2018 - https://www.otcmarkets.com/stock/GOPH/news/Gopher-is-Developing-Its-Network-and-Cyber-Security?id=198743
"We developed our gEYE advanced security system with the goal of securing our broad range of technologies. Among them are our GEO location system, Avant! AI and database sharing," stated Dr. Danny Rittman, Gopher CTO. "Now, as we gear up to present GRC, we will add another branch to our gEYE system with the goal of securing the digital coin, to ensure hacking-free transactions for the benefit of the users. As digital currency is vulnerable to cyber theft, we are investing significant efforts to protect this aspect of our technology. We are creating a dedicated module within our gEYE, especially designated for digital coin security," added Dr. Rittman.
As a reminder Genesis Blockchain Technologies, title sponsor of Futurist Conference (www.futuristconference.com), the largest Blockchain conference in Canada that will be held on August 14-16, invited Dr. Danny Rittman to the Futurist Conference to discuss the synergies of Gopher’s products with Blockchain technologies.
About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”) (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Press page/ press kit - http://gopherprotocol.com/?page_id=228
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
Forward-Looking Statements
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Contact:
Dr. Danny Rittman, CTO
Gopher Protocol Inc.
VM Only 888-685-7336
Media: press@gopherprotocol.com