GBT Technologies Inc. (OTCMKTS:GTCH) fell 9% after the company indicated that it would implement Metaverse Technology within the Apollo motion detection system for real graphical representation.
Market Stats
On Tuesday, GTCH stock fell 8.62% to $0.21 with more than 30.46k shares, compared to its average volume of 171.34k shares. The stock has moved within a range of $0.2001 – 0.2300 after opening trading at $0.2300.
GBT Plans to Implement Metaverse Technology Within its Apollo Wireless Motion Imaging System
Notably, the Apollo system depends on RF waves in the detection of moving and stationary objects to create 3D cinematic media. Also, the system can track the real-time motion and position of an entity and transmit RF signals to the environment. The RF signal will bounce through objects and entities and then show back with the changes.
An artificial intelligence algorithm monitors and analyzes reflected data to construct a real-time 3D video for the scanned region. As a result, the Apollo system can differentiate between inanimate objects and living entities and work through barriers such as water, walls, and soil, enabling the creation of a range of safety, rescue, and medical applications. In addition, the use of Metaverse AR tech within the Apollo system will enable interoperability within several computerized settings. So, in the coming weeks, GTCH is worth watching.
