#CryptoCorner: #Bitcoin Eyes $4K As Market Rallies, #Coinbase Acquires Neutrino

#CryptoCorner: #Bitcoin Eyes $4K As Market Rallies, #Coinbase Acquires Neutrino

Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch Sponsor February 19^th Podcast

Point Roberts, WA, Delta BC,  February 19, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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February 19 Crypto Corner

Bitcoin Eyes $4K As Market Rallies, Bitmain Reports $500 Million Loss Amid IPO Consideration, Coinbase Acquires Neutrino, Germany Consults Blockchain Space and Seoul Plans Over $1 Billion in Blockchain and Fintech Investment by 2022

The crypto market began to rally on Sunday and has not showed signs of slowing yet. At press time, total market cap is sitting at about $135 billion USD, according to data from CoinMarketCap. This is up $15 billion from a market cap of $120 billion, where it had more or less been sitting for just over a week. Bitcoin (BTC) is trading for just under $4000, a level not seen since early January of this year. Following, in terms of market cap, are Ether (ETH) and XRP, which are trading for $148 and $0.34 at press time, respectively.

CoinDesk reports that crypto mining giant Bitmain has posted a loss of $500 million for the third quarter of 2018. The information was revealed in a recent update submitted to the Hong Kong Stock Exchange (HKEx). Bitmain is currently awaiting approval for an IPO application submitted to the exchange in September 2018.

Crypto exchange giant Coinbase announced in a blog post today that they have acquired blockchain intelligence platform Neutrino. An excerpt from the post explains how Neutrino will be an asset to Coinbase:

Blockchain intelligence is increasingly important in the crypto ecosystem, and is necessary to achieve our mission of bringing the open financial system to the world. By analyzing data on public blockchains, Neutrino will help us prevent theft of funds from peoples’ accounts, investigate ransomware attacks, and identify bad actors. It will also help us bring more cryptocurrencies and features to more people while helping ensure compliance with local laws and regulations.

Reuters reports that Germany is consulting companies and industry groups about blockchain. Being the biggest economy in Europe, Germany has some 170 or so startup companies that employ blockchain technology in some form. Such companies have been invited by the state to offer input with regard to a potential future legal framework for the technology.

South Korea’s Seoul Metropolitan Government has announced plans for over $1 billion of investment into startups in the blockchain and fintech space by 2022, according to an official announcement. Loosely translated, the document states that 1.2 trillion won ($1.06 billion USD) from the Seoul Innovation Growth Fund will be invested in Series A funding rounds for such startups.

Sam Mowers, Investorideas

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Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/

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GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

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The #AIEye - Maintaining American Leadership in #ArtificialIntelligence? Looking at ( $IBM) ( $NVDA) (OTCQB: $GOPH) ( $BIDU) ( $TCEHY)

The #AIEye - Maintaining American Leadership in #ArtificialIntelligence? Looking at ( $IBM) ( $NVDA) (OTCQB: $GOPH) ( $BIDU) ( $TCEHY)

Point Roberts WA, Delta  BC – February 19, 2019 – Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at the battle for dominance between the US and China.

On February 11, President Donald Trump issued an executive order on Maintaining American Leadership in Artificial Intelligence. The document stresses the importance of AI in propelling the US economy and cites current American global leadership in terms of R&D and deployment of AI as justifications for ramping up federal government commitments to promote the technology.

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/02191AIEye-IBM-NVDA-GOPH-BIDU-TCEHY.asp

Though it is not explicitly mentioned in the document, many commentators felt that the growing rivalry with China in the AI space influenced the President’s executive order. Rob Verger, writing for Popular Science, captured the impression of those commentators when he observed: “Competition with China is a big part of the subtext to this announcement…”

Some US AI companies were quick to respond. An article published the same day on The Hill quotes IBM:

"Today’s order is a critical step in the launch of America’s national AI strategy. We commend and welcome the order’s emphasis on specific priorities that IBM had recommended, such as the ethical advancement of AI, expanding 21st century apprenticeship opportunities to build an AI-ready workforce, leveraging government data to accelerate AI development that can deliver shared prosperity, and prioritizing AI in federal research and development.”

The contents of the executive order were anticipated by Ian Buck, VP and General Manager of NVIDIA’s (NasdaqGS:NVDA) Tesla Data Center Business, when he opined that the government was best suited to direct investment.

“There’s simply no replacement for the federal government significantly increasing support for fundamental research to bolster university research. Funding drives research. Research, in turn, drives innovation, from startups to multinationals.”

Among the listed objectives outlined in the order include enhancing “access to high-quality and fully traceable Federal data, models, and computing resources”. Brookings Institution observed that “having better access to government data would strengthen the training of AI algorithms”. 

An example of a company that would benefit from this larger and more vetted data pool is Gopher Protocol Inc. (OTCQB:GOPH), whose Avant! AI platform’s Knowledge Retrieval Algorithm (KRA) utilizes robust semantic analysis for large text collections and multimedia objects. Company CTO, Dr. Danny Rittman explained:

"Our KRA system analyzes documents, identifies and indexes text and then assigns different technique to "understand" its meaning and make a decision if it is viable or non-relevant.”

One thing Trump’s plan omits however, is any specific information on commitments to federal funding. This is starkly different from China’s AI policy, which aims to establish a $150 billion USD industry by 2030, according to an article from Fortune. And while American businesses like Google, Amazon and IBM currently lead the world in AI spending, a ZDNet piece indicates that Chinese companies are expected to spend a staggering $256.61 billion USD on tech purchases this year, with much of that going to AI.

Baidu, Inc. (NasdaqGS:BIDU), for instance, boasts over 2000 employees working on AI, including former top Google engineer Andrew Ng, whom they lured away in 2014. In mid- January, Xilinx announced that the newly unveiled EdgeBoard, Baidu's edge acceleration computing solution is enabled by Xilinx. The EdgeBoard is a turn-key solution which is available, fully configured, directly from Baidu. It can also be configured and customized as part of the Baidu Brain AI Hardware Platform initiative, developed to deliver proven market-specific technologies to the industry so that companies can quickly adopt and deploy them for edge-specific applications.

Back in the US, NVIDIA’s (NasdaqGS:NVDA) DRIVE autopilot, the world's first commercially available Level 2+ automated driving system, debuted at the CES 2019 conference last month. DRIVE utilizes multiple AI technologies, including AI copilot capabilities and advanced in-cabin visualization of the vehicle's computer vision system. But this is rivaled by one of Baidu’s principle AI projects, the Apollo driverless car program. And with the Chinese autonomous car market projected to hit $500 billion USD by 2030, it may not be surprising for them to eclipse their American counterparts.

Tencent Holdings Limited (OTC:TCEHY), is a fellow Chinese tech giant that is comparable to Google in its scope of services. One project that distinguishes it from many other big tech companies however, is its Tencent Miying Engine, which helps healthcare institutions with diagnoses. According to Nasdaq, “With more than 38,000 medical institutes, especially in China, using [Tencent platform] WeChat, Tencent is using data to transform and uplift the medical industry in the country.”

Though many US companies applauded Trump’s AI initiative, others were critical that it wasn’t as much of a commitment as that seen from the communist Chinese state. Historically, centralized states like that of China have failed to out-compete freer markets like the United States, but it is hard to ignore the dedication and consequent momentum seen from the People’s Republic.

So it’s a tale of cats and dogs; Baidu just announced the creation of a cat shelter using artificial intelligence and in the US, Gopher Protocol Inc. used its AI tech in its pet tracking technology. Let the race continue.

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Disclaimer: Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: this industry article featuring Gopher Protocol is a paid for service,   More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp , https://www.investorideas.com/About/News/Clientspecifics.

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#AI News: Gopher Protocol (OTCQB: $GOPH) Completes Phase I in AI Based #Robotics Research

#AI News: Gopher Protocol (OTCQB: $GOPH) Completes Phase I in AI Based #Robotics Research

San Diego, CA, February 19, 2019 - (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher”, or “the Company”), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technologies, including a global mesh network technology platform for both mobile and fixed solutions, announced it has completed the first phase of its AI based robotics research. The research testing achieved a number of positive results including identifying successful cognitive robotics features where robots were able to sense their environment by means of integrated sensors, location  and computer vision.

Phase I of Gopher's research on cognitive robotics focuses on providing robots with the autonomous capacity to learn and acquire knowledge based on conditions detection/analysis and experience. The aim is to imitate the human cognitive system, which regulates the process of acquiring knowledge and understanding, through learning and experience. Gopher's Avant! AI artificial intelligence engine was successfully integrated into robots resulting in improvements in robot’s perception and understanding of human activities and verbal communications.

Read this in full at https://www.investorideas.com/CO/GOPH/news/2019/02192RoboticsResearch.asp

"In our first phase of robotics research we are focusing on implementing our Avant! AI engine into mechatronics and computing system to enable robotic interactions within our normal environment, adapting to a constant-changing environmental conditions." stated Danny Rittman, Gopher’s Chief Technology Officer. "Until recently, robotic machines were designed according to its environment and tolerated minimal variations. Our vision is to create a robotic system that is self adapting to its environment. Our Avant! AI is targeted to become a true unsupervised learning system that will enable skill acquisition and active learning for robotic systems. Our research targets autonomous machines to make better, safer decisions without supervision, and sharing data with other robotic systems to help advance the state of the art in this field. We believe these capabilities will ultimately be applied  in a diverse ranges of sectors including autonomous transport, health care, finance, energy, manufacturing, security, military, education, and public services."

About Gopher Protocol Inc.

Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”) (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms.  Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software.  Gopher’s system envisions the creation of a global mesh network.  The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. Gopher envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.

https://www.avant-ai.net

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
Gopher Protocol Inc.

Media: press@gopherprotocol.com

Source: Gopher Protocol Inc.

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Advanced #Technologies and the Future of #Transportation; A Road to Innovation; (NASDAQ: $TSLA) (CSE: $LLT.C) (OTC: $LLNKF) (TSX: $MG.TO) (NYSE: $MGA) (NASDAQ: $SOLO)

Advanced #Technologies and the Future of #Transportation; A Road to Innovation; (NASDAQ: $TSLA) (CSE: $LLT.C) (OTC: $LLNKF) (TSX: $MG.TO) (NYSE: $MGA) (NASDAQ: $SOLO)

Point Roberts WA, Delta BC – February 19, 2019 - Investorideas.com, a global investor news source covering the tech sector looks at the future of transportation as autonomous vehicles, electric cars, smart cars and advanced tracking technology all become the new norm, thanks to  innovation from AI, blockchain and other technologies.

Read this in full at https://www.investorideas.com/news/2019/Technology/02191Stocks.asp

You can’t talk about the future of transportation without naming Tesla Inc. (NASDAQ:TSLA), founded in 2003 by visionary Elon Musk, who is also looking at a whole new level of transportation with SpaceX.

Not satisfied with being the leader in electric cars, the company also says, “All Tesla vehicles produced in our factory, including Model 3, have the hardware needed for full self-driving capability at a safety level substantially greater than that of a human driver.”

In the Tesla Fourth Quarter & Full Year 2018 Update in January they reported, ”In the past two years, Tesla vehicles have accounted for all of the electric vehicle (EV) volume growth in the US. Even with the radical EV growth in the second half of 2018, EVs still account for just 2% of the total US market, and there remains a substantial opportunity for EVs to continue to gain marketshare in the US and globally. Consumer purchases have demonstrated that EVs are becoming a preferred option, as EVs in Q4 2018 outsold hybrid electric vehicles (HEVs) in the US for the first time in history.”

But there are still some issues to work out for Tesla, including logistics as Forbes reported, “Tesla Confronts "Logistic Nightmares" For Model 3 Says Musk.” Tesla is to deliver up to 400,000 vehicles world-wide this year, so it’s a problem that needs to be resolved.

Litelink Technologies Inc. (CSE: LLT) (OTC: LLNKF), a key player in technology and artificial intelligence within the logistics sector is hoping to bring new technology solutions to the transportation industry. The company uses artificial intelligence and predictive analytics to solve the logistics industry’s fragmented and outdated technology problems.

The company recently released an update on its 1SHIFT Logistics platform. The 1SHIFT trials were planned with the objectives of delivering the capability for a shipper to select amongst a preferred set of carriers, and then track the shipment until successfully delivered.  A trucker will provide trip status and flag any issues via the 1SHIFT mobile app to minimize the communications with all parties and quickly resolve any obstacles for on-time delivery.

“We have received positive market feedback both on our web and mobile solutions to date.  By getting our mobile app in the hands of real truckers, we were able to make improvements that will significantly improve user experience, reduce mobile data usage, and at the same time verify our solution scalability and security.  This is exactly the type of product feedback we were looking for prior to large-scale commercial launch,” states COO, Kent Churn.  “Investing in an early alpha trial only helps us improve what is not working, and validates what is working well.”

Magna International Inc. (TSX:MG.TO) (NYSE:MGA), one of the world's largest automotive suppliers has industry roots going back to 1957 when it began working with General Motors. Now the company says it’s racing to the future with new technology.

AT CES 2019, Magna introduced the company's future vision of how electrification, autonomy and smart mobility intersect:

"At CES 2019, ‘Welcome to Mobility' is Magna's vision of the future where electrification, autonomy and smart mobility are all intertwined," said Magna CTO, Swamy Kotagiri. "Leveraging more than 60 years of experience designing and developing new technology, Magna helps customers striving to change the entire vehicle experience, not just a few components. We are excited to demonstrate this holistic advantage at CES."

Talking about electrification technology, Magna says, “Global automotive trends serve as our signposts - and we have reached many milestones on our way to powertrain electrification.”

Electrameccanica Vehicles Corp. (NASDAQ: SOLO), a designer and manufacturer of electric vehicles with deep attachments in the automotive sector, recently said in an update to shareholders, “Our timing in entering this exciting new market could not have been better. The automotive industry is undergoing transformational changes throughout, with legacy automakers being disrupted by new EV entrants who are uniquely providing aspirational electric vehicles that consumers actually want to purchase.”

They also recently reported; ”Vehicle production and delivery from the Zongshen factory will ramp up throughout 2019 and the Company remains on track to commence deliveries of vehicles to customers.”

So what does the future hold?  Experts predict that “A person in almost any major city for example, could by 2040 be able to step out their front door to find waiting the autonomous pod they ordered from a nearby multi- storey charging station only minutes earlier.”

For investors following auto stocks and electric car stocks our site has created a directory of publicly traded companies in addition to an AI stocks directory.

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