Gopher Protocol, Inc. (OTCQB: GOPH) operates within the development of Internet of Things (IoT) and artificial intelligence-based mobile technologies. Shares of the advanced mobile technologies developer jumped 49.07%, during trading on Tuesday, September 18, 2018. Over the past month, Gopher Protocol, Inc. has seen average daily volume of 474,617 shares. However, volume of 915,289 shares or dollar volume of $877,304, exchanged hands on the day.
Shares of Gopher Protocol climbed on Tuesday, after the company announced that it is taking the next steps in designing its MESH system. The MESH network is a network topology that allows devices to interconnect between network nodes. The Gopher Protocol network seeks to improve issues with GPS sync, losing signals, alternative real-time clocks, etc. Here is the full press release detailing of the MESH system design:
Gopher Protocol, Inc. Press Release:
San Diego, CA, Sept. 18, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, announced today that it is moving to Alpha hardware design of its MESH system node unit. Mesh Network (also referred to Mesh Topology) is a network topology in which devices are connected with many other interconnections between network nodes. In a true mesh topology every node has a connection to every other node in the network. A node is in a location processing unit. A node can be any device that is connected to the network, such as a computer, transceiver, printer or any similar device. Every node has a unique network address, sometimes called a Data Link Control (DLC) address or Media Access Control (MAC) address. Gopher has moved to the MESH network node hardware design, where it will seek to address critical topics like GPS sync, signal lose, providing an alternative RTC (Real Time Clock) solution in order to maintain continuous system’s operation and powerful MCU (Microcontroller Unit) selection in order to ensure fast and reliable response.
“The node hardware design is a major step in our MESH system design and we are investing extra efforts to provide smart and efficient functionality,” stated Danny Rittman, Gopher’s Chief Technology Officer. “We are reviewing GPS modules and in parallel looking to ensure continuous operation in the event of a GPS signal lose,” continued Dr. Rittman. “It is our goal to maintain the system’s smooth operation especially in times when GPS signal sync is lost. In order to achieve this goal, we are investing in the design of the RTC (Real Time Clock) sub-system. When developed, the unit’s internal RTC system will kick in the event there is a GPS sync signal lose and the system will maintain its operation. In addition, during this phase, we review our node hardware components and select high performance major parts such as the MCU, RTC, GPS module and antenna. I always compare a good hardware design to a philharmonic orchestra performance. If all players do not play in meticulous harmony, the musical masterpiece will not sound well. The same applies here. If all components will not match, electrically/functionality/timing wise, the entire system will not perform well. We are now building our first, main piece in this system with the goal of creating our masterpiece!”
About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”) (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Press page/ press kit – http://gopherprotocol.com/?page_id=228
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
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.
