The Internet of Things (IoT) technology is poised to revolutionize the digital currency landscape and enable Cryptocurrency to transcend beyond pure investment and into the traditional and functional marketplace. IoT platforms present the reality of a complete digital coin ecosystem, allowing consumers to trade and spend the billions of dollars or Cryptocurrency that currently exist in the digital markets. According to research by Aftrex, the IoT industry is projected to grow north of $250 billion by 2026, while the Cryptocurrency landscape is already valued north of $270 billion. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Nxt-ID, Inc. (NASDAQ:NXTD), Seven Stars Cloud Group Inc. (NASDAQ:SSC), Xunlei Limited (NASDAQ:XNET), Oracle Corporation (NYSE:ORCL).
Read More: Insurtech: the new AI disruption is hitting insurance
Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence, enabling mobile technologies, is incorporating its gEYE security engine into its digital currency, Technology Platform the GRC.
With Gopher technology, when fully developed, the radio based coin will provide that each transaction, called a block, is recorded. A Blockchain is a continuously growing list of transactions (Blocks). The validity of each GRC coin is provided by a Blockchain. The blocks are linked and secured together using cryptography. gEYE security system was developed to secure complex data and Gopher is in process to retrofit gEYE to secure Gopher GRC.
Read More: The Promise and Potential of AI for the Insurance Industry
The gEYE system aim will be to secure Gopher’s gNET communication protocol. The gEYE includes multiple layers of security methods, including advanced encryption as disclosed on The Company release from July 27, 2018 – https://www.otcmarkets.com/stock/GOPH/news/Gopher-is-Developing-Its-Network-and-Cyber-Security?id=198743
“We developed our gEYE advanced security system with the goal of securing our broad range of technologies. Among them are our GEO location system, Avant! AI and database sharing” stated Dr. Danny Rittman, Gopher CTO. “Now, as we gear up to present GRC, we will add another branch to our gEYE system with the goal of securing the digital coin, to ensure hacking-free transactions for the benefit of the users. As digital currency is vulnerable to cyber theft, we are investing significant efforts to protect this aspect of our technology. We are creating a dedicated module within our gEYE, especially designated for digital coin security” added Dr. Rittman. Read this and more news for GOPH
Read More: Oracle Retail Recognized as a Leader in Point of Service in Independent Research Report
Scrap metal branding Ferrous material recycling appraisal Iron reprocessor
Ferrous material environmental impact assessment, Iron waste management services, Metal scrap reclaiming facility
Scrap Copper processing Copper scrap trading company Metal recycling reprocessing
Copper cable scrap refurbishing process, Scrap metal salvage yard, Copper scrap collection center
Scrap metal weighing services Ferrous material branding Iron reclamation and recovery solutions
Ferrous material recycling standards adherence, Iron scrap collection services, Scrap metal handling equipment