GBT has filed an AI-based fintech patent application to protect an advanced credit management concept


The concept introduces innovative, AI-powered technology for secure credit card management methods and systems

SAN DIEGO, 01 Feb. 28, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) has filed with the United States Patent and Trademark Office (“USPTO”) a non-provisional application for patent for systems and methods of a financial software application for a secure, AI-controlled credit card management system. The application was filed on January 26, 2022 and received serial number 17584427. The concept consists of a web and mobile application based on GBT’s patented database management method and enhanced by its artificial intelligence technology. The purpose of the patent application is to protect a software application concept that would automatically characterize and prioritize the consolidation of different credit cards into a single card, thereby creating a broad line of credit. The patent application aims to protect intellectual property (IP) with the aim of evaluating the best financial aspects of each of the user’s credit card accounts and automatically selecting the best user card to use. . Some of these aspects include the lowest interest rates, membership fees, cash advances, line of credit, gift certificates and other rewards programs. GBT believes that such a system can be an effective financial assistant for individuals and businesses, ensuring the best financial interests of the user by using credit systems. The company plans to expand its research and development in this area in 2022.

“The credit card market world is wild today. There are many credit card choices, each offering a different interest rate, perks, and a wide variety of reward programs. It’s a task It’s tricky to decide which credit card to use and for what type of charges. We are developing an AI-controlled credit card management system to automatically help users with their credit card transactions. aims to automatically prioritize and characterize users’ credit cards based on their characteristics.The objective of the technology is to rank the profile of a user’s credit cards based on their attributes, among which are interest rates , reward programs and the like.In turn, it is designed to use whoever has the highest rank to perform the desired load(s), always ensuring the best i financial interest of the user. We filed a non-provisional patent to protect the concept of an intelligent “money manager” that helps users make monetary decisions on lines of credit, always looking out for their best interest. We view this topic as an intriguing opportunity for our technology to be implemented in the financial arena and intend to further explore its horizons in the near future,” said Danny Rittman, CTO of GBT.

There is no guarantee that the Company will succeed in researching, developing or implementing this system or that it will obtain the patent (or prior provisional patent). In order to successfully implement this system, the Company will need to raise sufficient capital to support its research and, if research, development and regulatory approval are successful, the Company will need to establish a strategic relationship with a third party who has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will successfully complete any or all of these critical milestones.

About Us

GBT Technologies, Inc. (OTC ROSE: GTCH) (“GBT”) ( is a development-stage company that considers itself a native of the Internet of Things (IoT), Artificial Intelligence (AI), and mobile-enabled technology platforms used to increase the performance of integrated circuits. GBT has assembled a team with extensive technological expertise and built an intellectual property portfolio consisting of numerous patents. GBT’s mission, to license technology and intellectual property to synergistic partners in hardware and software. Once commercialized, GBT’s goal is to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, core management protocols of data, with tracking software and cloud support (without the need for GPS). GBT envisions this system as the creation of a global mesh network using advanced nodes and super-efficient next-generation IC technology. The heart 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 private, secure and low cost mesh network between all enabled devices. Thus, providing advanced shared processing, management and sharing of the mobile database 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 is not directly related to historical or current fact. Actual results may differ materially from those indicated by these forward-looking statements due to various important factors as disclosed in our filings with the Securities and Exchange Commission located on their website ( In addition to these factors, actual future performance, results and results may differ materially due to broader factors, including (without limitation) general industry and market conditions and growth rates. , economic conditions, changes in government and public policy, the Company’s ability to raise capital on acceptable terms, if any, the Company’s successful development of its products and 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 those views are subject to change. However, while the Company may elect to update these forward-looking statements at some time in the future, the Company expressly disclaims any obligation to do so. These forward-looking statements should not be taken to represent the views of the Company as of any date subsequent to the date of the press release.

Dr. Danny Rittman, CTO
[email protected]


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