GBT is Enhancing qTerm’s Cybersecurity Technology to Provide a Higher Level of Data Protection For its Users
GBT Technologies (OTC PINK: GTCH) is enhancing its qTerm device's cybersecurity by integrating Homomorphic Encryption (HE) techniques. This advanced encryption allows for data processing without decryption, significantly reducing potential data breach risks. The qTerm device, designed for monitoring human vitals, utilizes AI and includes a mobile app for health analytics. Despite the promising technology, GBT acknowledges the need for adequate capital and partnerships for successful implementation, highlighting the uncertain nature of its development endeavors.
- Integration of Homomorphic Encryption enhances data security for qTerm users.
- New algorithms developed for faster data processing while maintaining encryption.
- The company faces uncertainty in successfully developing and implementing the new system.
- Need for adequate capital and strategic partnerships poses risks to project success.
Homomorphic encryption techniques will be used to ensure robust privacy and security for qTerm’s user’s sensitive data and records
SAN DIEGO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”) is enhancing its qTerm device cybersecurity technology in order to ensure robust privacy and sensitive data protection for its potential users. Due to the rise of sensitive data breach cases in the past few years, GBT decided to add another layer of data protection, developing breakthrough techniques to prevent potential data theft. The enhancements will be performed within the device’s AI computer programs to increase data security for its machine learning and computing environments. GBT's qTerm, a human vitals intelligence device is targeted to measure human vitals with a touch of a finger, and includes AI technology for personal health monitoring. The device is accompanied by a smartphone app and a synchronized widget web application to keep a history and provide health related analytics.
GBT will be implementing Homomorphic Encryption (HE) techniques within its AI environment to enable encrypted data processing without decrypting it first. The qTerm algorithms send data back and forth over encrypted channels. The AI needs to perform computations and analysis and typically the system decrypts the information first, working on it, and re-encrypting it again before sharing it. This creates a potential security risk. HE technology enables robust data protection since the processing is always done with the encrypted data. HE techniques were known to have one major disadvantage, which is a very long processing time compared to decrypted data processing runtime. GBT developed new algorithms that operate with much higher performance enabling fast computations using HE methods. The company plans to implement HE technology within qTerm’s Machine Learning components, mobile and web interface computing environments.
“Our AI engine includes multiple modules that shares digital assets over internal channels. The machine learning sub-systems may communicate sensitive information, for example, sharing users medical/personal information between the data storage module and the data training module. In order to secure data, there are two major operations that are done, encryption and decryption. The encryption typically happens where the sensitive data is first captured, for example after qTerm device recording a user’s vitals. The data is then sent to the AI system for processing on the main data center. At the data center the data needs to be decrypted to work on, and then re-encrypted after completion. The decrypting phase introduces potential data breach risk. Using the HF technique eliminates the need for decryption, and all operations can be performed on the encrypted data which eliminates the major security risk. We plan to develop several types of algorithms in this domain that will use cryptography and mathematical methods to operate directly on encrypted data. In this way we’ll significantly enhance the data’s privacy and security. One of qTerm’s main purposes is to perform as a telemedicine device which communicates with its AI data center. User’s vital information will be sent via a web widget and HE based technology will ensure a high level of data security. AI systems require robust security mechanisms by their nature and by using HE we are preserving data privacy starting at the source. Particularly, with a telemedicine type device, like qTerm, the data will be encrypted and outsourced to its data center environment for processing, all while encrypted. In the past few years there is a constant growing concern about data privacy and security, and implementing new techniques and methods in this domain will ensure highly secured AI operation and computation. We believe that this is especially important for the qTerm’s device as it collects, processes and records sensitive personal and medical information,” said Danny Rittman the Company’s CTO.
There is no guarantee that the Company will be successful in researching, developing or implementing this system. In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched and fully developed, 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 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 because 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
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