Patent filing for GBT’s AI-driven financial technology

The patent application aims to protect AI-powered technology for a secured credit card consolidation system

SAN DIEGO, Nov. 03, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) has received a Disclosure Notice for its patent application for financial software to protect a secure, AI- controlled credit card consolidation and administration system and process. The patent was filed on January 26, 2022 with serial number 17584427. The application was published on October 20, 2022 as US patent application publication number 2022/0335519. The invention consists of a web and mobile application based on GBT’s patented database management method and powered by machine learning. The IP includes a computer program that automatically characterizes and prioritizes the consolidation of different credit cards into one card, creating a large line of credit. An AI engine monitors and manages credit card usage factors such as credit limit, interest rate, benefits, and rewards programs. The protected software application combines all of the user’s credit card accounts into one credit account and automatically allocates transactions to the best credit card according to its characteristics. The technology is based on GBT’s patented database sharing method with the aim of enabling high performance and robust cybersecurity. When a transaction is requested, the system considers factors such as lowest interest rates, membership fees, cash advances, credit limits, gift certificates and other rewards programs. GBT aims to make the system an efficient financial assistant for individuals and businesses, ensuring the best financial transactions using lines of credit. The company plans to expand its research and development efforts in this area in the future.

“In today’s lending world, there are numerous credit card options, each offering different interest rates, benefits and a wide variety of rewards programs. Choosing a credit card can become a challenge in order to make a wise financial decision in terms of line of credit, lowest interest rate, and other benefits. The patent application aims to protect an invention described as an AI-driven credit card processing system that automatically assists users in their decisions about credit card transactions. The invention prioritizes the use of the user’s credit cards according to their characteristics. It learns the characteristics of the card and ranks them according to their financial attributes, including available credit, interest rate, and rewards programs. Then it selects the best card to use according to its rank to ensure the user’s best financial interest. The system consolidates all users’ credit accounts into one line of credit and uses its AI algorithms to decide which one to use based on its best qualities. GBT’s artificial intelligence aims to strengthen the entire system and works in tandem with GBT’s patented database management technology to ensure fast performance and robust security. The non-provisional patent application aims to protect the concept of an intelligent credit line management system to help users make the most beneficial decisions with their credit lines. We view this patent as an exciting opportunity to implement our technology in the financial space and intend to further explore its possibilities in the near future,” said Danny Rittman, CTO of GBT.

There is no guarantee that the company will be successful in researching, developing or implementing this system or that the patent (or any previous provisional patent) will be granted. In order to successfully implement this system, the company must raise adequate capital to support its research and, once the research has been successfully conducted, developed and regulatory approval obtained, the company would need to enter into a strategic relationship with a third party with experience therein has manufacture, sale and distribution of this product. There is no guarantee that the Company will be successful in any or all of these critical steps.

about us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) ( is a development-stage company that promotes itself as a native of the Internet of Things (IoT), Artificial Intelligence (AI) and Enabled looks at mobile technology platforms to boost IC performance. GBT has assembled a team with deep technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission is to license technology and intellectual property to synergistic hardware and software partners. After commercialization, GBT’s goal is to have a series of products including intelligent microchips, AI, encryption, blockchain, IC design, mobile security applications, database management protocols with tracking and supporting cloud software (without GPS). GBT envisions this system as creating a global mesh network using advanced nodes and high-performance new-generation IC technology. The core 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 low-cost, secure private mesh network between any and all enabled devices. In this way, shared processing, advanced mobile database management and sharing are provided while using these advanced mobile capabilities as an alternative to traditional carrier services.

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements.” Forward-looking statements represent current expectations of future events based on certain assumptions and include any statements that are not directly related to historical or current facts. Actual results could differ materially from those projected in such forward-looking statements as a result of various important factors disclosed in our filings with the Securities and Exchange Commission on its website ( In addition to these factors, actual future performance, results and results may vary based on more general 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 make money, capital on acceptable terms, if any, the successful development of the Company’s products and integration into their existing products, and the commercial acceptance of the Company’s products. The forward-looking statements contained in this press release represent the Company’s views as of the date of this press release, and such views are subject to change. Although the Company may elect to update these forward-looking statements at a later date, the Company expressly disclaims any obligation to do so. These forward-looking statements should not be construed as representing the Company’s views at any time after the date of the press release.


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