Gopher Protocol’s Exclusive Licensor Files Patent Covering Proprietary GRC Blockchain-Based Radio Generated Digital Currency

Gopher Protocol (OTCQB:GOPH) has announced that Dr. Danny Rittman has filed a patent for a blockchain-based radio generated cryptocurrency.

As quoted in the press release:

The application has been assigned the serial number 16/008,069, and the non-provisional filing date is June 14, 2018.  Gopher is the exclusive licensee of the patent. Gopher is exclusive licensee of technology developed by Dr. Rittman.

The patent application contemplates the use of the Gopher Radio Coin or GRC.  Gopher envisions GRC as a new form of digital currency.  A digital currency is a medium of exchange that is generated, stored and transferred electronically.  Digital currencies are not typically associated with any country’s government or represented in physical forms like the coins and notes of traditional (fiat) currencies.

The GRC technology covered by the patent envisions a new, private, secured digital currency that is encapsulated within Gopher’s system to be used by Gopher’s customers and members.

Gopher intends to generate the GRC through its communication technology, which is incorporated into its devices, i.e. tracking systems and the microchip-based products (GopherInsight™).  Gopher intends that each Gopher gadget that produces a signal processed by Gopher’s proprietary electronic system will, in turn, create the GRC.  The GRC will then be stored in the user’s personal, private and secured Gopher account/wallet anywhere in the world.

Click here to read the full press release.