STOCK TITAN

GBT is Developing an Application-Specific, Secured, Wireless Protocol for Tracking System Implementation

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

GBT Technologies Inc. (GTCHD) is developing a secure wireless protocol for its Infinia Long Range Radio System to enhance cybersecurity for tracking applications. The plan includes using advanced encryption methods, particularly the Advanced Encryption Standard (AES), to protect sensitive data from unauthorized access. Although the initiative aims to bolster the system's security, success depends on securing adequate funding and potential partnerships for manufacturing and distribution. The company emphasizes the need for ongoing monitoring to mitigate cybersecurity risks.

Positive
  • Development of a secure wireless protocol enhances cybersecurity for tracking applications.
  • Utilization of advanced encryption methods, including AES, to protect sensitive data.
  • Integration of AI technology for continuous monitoring and risk management.
Negative
  • No guarantee of success in research, development, or implementation of the system.
  • Dependence on raising adequate capital and forming strategic partnerships.

Ensuring advanced cybersecurity protection for a tracking application based on GBT’s Long Range Radio System

SAN DIEGO, Nov. 09, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCHD) ("GBT” or the “Company”), is now commence development of an application-specific, secured, wireless protocol for tracking implementation of its Infinia Radio System. The Infinia, Long Range Radio System is operating via HF and NVIS (Near vertical incidence skywave) skywaves radio propagation. One of the efficiency factors is implementation of a smart tracking system, AI controlled as a private, secured wireless protocol to ensure high level of cybersecurity and protection against unauthorized (jamming) data access.

Infinia Radio System is aiming to deliver a high bandwidth data signals, while GBT is working to protect critical network communications data, maintaining interoperability among the system’s components at all operation levels. As any typical wireless network, by its nature, is vulnerable to security risks. The company decided to increase the cybersecurity level to protect sensitive information transmitted over the system’s communications; particularly, with tracking applications.

The keys to protecting sensitive operational radio transmissions is to deploy advanced encryption system to ensure information is adequately protected from intrusions. The company will evaluate standards and compliant algorithms such as the Advanced Encryption Standard (AES) that enables maximum interoperability, while providing high levels of protection. AES technology includes cryptographically strong algorithms, and is considered to be one the most effective ways to protect sensitive information from being compromised. Although key lengths of 128-bit and 192-bit are considered highly efficient, we will evaluate the use of 256-bit key length or higher for data blocks encryption. The company plans to integrate its AI technology to manage the security protocol execution, and performing an on-going scan to detect and eliminate possible breaches.

“As we are working on designing a tracking application using our Infinia, Long Range Radio, a high level of cybersecurity technology is needed to protect its sensitive data. Along with high performance network operation requirement extra attention is needed to protect the network’s data; particularly, with tracking system implementation. We plan to evaluate few encryption methods among then is an AES based algorithm. The Infinia System is comprised of radio operated components, including base, mobile and repeater units, we plan to ensure a secured, adequate network interoperability functionality. Data encryption algorithms have the capability of preventing unauthorized disclosure of sensitive information, yet, it’s not enough. Especially, with today’s wireless networks vulnerabilities we plan to integrate our AI system to manage and supervise the security protocol. Additionally, the intelligent system will be performing on-going scanning, constantly searching for possible intrusion or unauthorized access. In light of today’s wireless networks potential security risks and interoperability challenges, a machine learning cryptography module will be protecting the internal network communication with high performance and reliability,” 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 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: GTCHD) (“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 GBT Technologies' current project regarding cybersecurity and tracking applications?

GBT Technologies is developing a secure wireless protocol for its Infinia Long Range Radio System to enhance cybersecurity for tracking applications.

How does GBT plan to secure its tracking application?

GBT plans to use advanced encryption methods, particularly the AES, to protect sensitive data transmitted through its tracking systems.

What are the risks involved with GBT's new cybersecurity initiative?

The main risks include the uncertainty of successfully developing the system and the need for adequate funding and strategic partnerships for manufacturing and distribution.

What is the significance of AI in GBT's cybersecurity project?

AI will be integrated to manage the security protocol execution and perform ongoing scans to detect potential breaches.

When was the press release about GBT Technologies' cybersecurity developments issued?

The press release was issued on November 9, 2021.

GTCHD

:GTCHD

GTCHD Rankings

GTCHD Latest News

GTCHD Stock Data

25.64M