#Automotive #AI #Technology #Stock News: GBT (OTC: $GTCH) Evaluates Developing a Driver Monitoring System Based on its #Wireless Movement and Position Detection Technology; #Artificialintelligence
San Diego, CA, August 31, 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), evaluates developing a driver monitoring system based on its wireless movement and position detection technology, internal project code name Apollo. Apollo is an intelligent method and system to detect motion-based radio waves. An AI system controls radio wave transmission and analyzes the reflected information to construct 2D and 3D images including real time movement. The system, once developed also can potentially detect human’s vitals like heart rate, breathing rhythm and more. GBT is investigating applying this technology as a vehicle’s driver monitoring system.
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Statistics show that more than 90% of road accidents are caused by driver error (European survey - European New Car Assessment Program (Euro NCAP). Human errors can occur due to driver fatigue, distraction, inattentiveness, intoxication, inexperience, or sudden medical incapacitation. The Apollo system upon development can potentially and effectively detect impaired or distracted driving, providing an audible and visual alert and possibly in extreme cases, prevent crashes or take over the vehicle. The Apollo system may use radio waves for monitoring and assessing the driver's physical and mental condition reliably and accurately. Based on this data the system can alert or act to ensure safety. The system concept includes an AI algorithm that analyze the driver's face, breathing rhythm, heart rate, eyes status, and perspiration and can determine if he/she is in a condition to control the vehicle.
GBT believes that the Apollo system, if developed, can significantly reduce driver errors caused by distractions, fatigue or emotional causes and can save lives by taking control over the vehicle, in case of sudden medical condition. The company will add this these concepts and possible application to its non-provisional patent that is planned to be filed during the next few weeks.
“We have identified an efficient safety application of our Apollo project technology. The Apollo system can detect objects and living entities based on radio technology. The system analyzes the returned reflected waves information and detects people’s position, movements, and can even measure their vitals. When applying this technology as a driver monitoring system, Apollo can analyze the driver's face, eyes position, pupils, heart rate, breathing rhythm, head, and body position in order to “see” the driver’s face, and posture. Using this data, the system can determine the driver’s physical and mental status at all times. For example, it can identify that the driver’s eyes are closed, open or blinking. Since the technology is RF based it can detect these characteristics even if the driver is wearing dark sunglasses or at night. AI algorithms collect the driver’s data, creating a model of a driver’s normality, attentiveness, and state of mind in normal circumstances. In case of abnormalities the system will alert via audible and visual to get the driver's attention. Upon user’s permission setup, if no driver response is achieved in an acceptable time manner, the system can take control over the vehicle, and stop it for safety purposes. The company filed a provisional patent on June 2021, and will file a comprehensive non-provisional patent during the next few weeks. We truly believe that such system can be an essential safety application for all vehicle types, significantly increasing our roads safety for generations to come,” said Danny Rittman, GBT’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, developed and granted regulatory approval (provisional patent was submitted), 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
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