Business
Gopher Protocol to Acquire 50% Stake in SPARE, Bringing International Crypto and FIAT Currency Transfer Capabilities to Gopher Network
Gopher Protocol to Acquire 50% Stake in SPARE, Bringing International Crypto and FIAT Currency Transfer Capabilities to Gopher Network.
About this update from Gbt Technologies Inc.
[{"type":"text","content":"\n\n ATLANTA, GA, Jan. 17, 2018 (GLOBE NEWSWIRE) -- Gopher Protocol Inc. (OTCQB: GOPH) (\"Gopher\" and the \"Company\"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, has entered an initial agreement term to acquire 50% of Spare CS Inc., paving the way for Mobile Payments and International Cryptocurrency capabilities. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12478331\n Spare - https://gotspare.com is a mobile ATM network platform using new paradigms and software to provide unique financial services to the unbanked and underbanked as well adding convenience to the banked population . Once we close on the acquisition, the Spare App has the capability to potentially turn any cash register in the Company’s network into an ATM. The SPARE mobile network simplifies safe access to money by employing a unique security system to create convenient access to cash from virtual currency to the “real” world. “The Company is pleased in making this initial progress as part of this proposed acquisition. Millions of our customers across our network of locations are part of the underbanked and unbanked population. We are always looking for additional products and services we can bring to our user base” stated Gregory Bauer, CEO. About Gopher Protocol Inc. Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher” and the \"Company\") (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.  The Company 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 it’s 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 pro...