STOCK TITAN

GBT - Filed a Nonprovisional patent for Systems and Methods of Facial and Body Recognition, identification and analysis

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

GBT Technologies Inc. (OTC PINK: GTCH) has filed a nonprovisional patent application with the USPTO for innovative systems and methods of facial and body recognition. This technology aims to enhance mobile device accessibility by enabling recognition even when users wear face masks, addressing a significant challenge faced during the COVID-19 pandemic. The company recognizes that successful development may require strategic partnerships and capital investment. The patent application is part of GBT's broader strategy to develop a portfolio in advanced technology, including IoT and AI.

Positive
  • Patent application filed for innovative facial and body recognition technology.
  • Provides a solution for unlocking mobile devices while wearing face masks.
  • Addresses a current market need due to COVID-19 restrictions.
Negative
  • No guarantee of successful patent approval or product development.
  • Necessary capital investment and strategic partnerships are required for implementation.

SAN DIEGO, March 30, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”) with GBT Tokenize Corp. (“GBT/Tokenize”) filed with U.S. Patent and Trademark Office (“USPTO”) a nonprovisional patent for systems and methods of facial and body recognition identification and analysis. The application has been assigned serial number 17212235 and the filing date is March 25, 2021.  As a reminder the Company advised on its release from February 16, that the deadline for filing a U.S. nonprovisional, PCT, or other foreign applications is February 9, 2022.

The present invention relates to systems and methods for learning and recognizing features of an image such as a human face and unlocking functions for any computer or smartphone screen based on facial and body recognition, including covered face or body.

Many mobile devices such as smartphones include a facial identification (ID) recognition system that learns the user’s facial features and unlocks the phone upon its user’s face image. Due to the COVID-19 pandemic, in most public places a face cover or facemask is required. However, the presence of a face cover or mask interrupts the face recognition unlocking feature on most mobile devices. Accordingly, there is a need for a system and method that can learn and recognize a partially covered human face and method that can unlock a mobile device based on recognition of a partially covered human face.

The invention, in its many embodiments, alleviates to a great extent the disadvantages of known devices, systems, and methods by providing an AI-based computer vision systems and methods to lock and unlock a mobile device such as a smartphone with or without face (mask) coverage. The user trains the system once without a face cover (mask). After the initial training, the system is capable of identifying the user’s facial features with or without a face cover or facemask, and is capable of locking or unlocking a smartphone/electronic device. After learning the user’s body’s features, the system can monitor bodily changes like weight gain and other changes, alerting the user in real time.

There is no guarantee that the Company will be successful in researching, developing or implementing this system or that it will be granted the patent (or prior provisional patent). In order to successfully implement this system, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.

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
press@gopherprotocol.com


FAQ

What is the patent filed by GTCH about?

The patent relates to systems and methods for facial and body recognition, allowing mobile devices to unlock even with face coverings.

When was the patent application for GTCH filed?

The patent application was filed on March 25, 2021.

What challenges does the GTCH technology address?

It addresses the challenge of unlocking devices with facial recognition while wearing masks, a common requirement during the COVID-19 pandemic.

What is the significance of the GTCH patent application?

The application signifies GBT's commitment to developing advanced technology solutions in response to current market needs.

What are the potential risks mentioned in the GTCH press release?

The release highlights the uncertainty of successful patent approval and the need for capital and partnerships for development.

GBT TECHNOLOGIES INC

OTC:GTCH

GTCH Rankings

GTCH Latest News

GTCH Stock Data

3.36M
16.15B
3.96%
Information Technology Services
Technology
Link
United States of America
West Hollywood