GG Rocket Goes Big: Launches World’s First Blockchain and AI Solution for High-value Virtual Gaming Industry
The Silicon Review
23 July, 2018
GGRocket, a Russia-based big data analytics and in-gaming trading company, will be launching a high-tech AI solution on the blockchain for the $50 billion virtual gaming economy via an Initial Token Sale in September, this year, according to a media report appeared on PR Newswire.
“With GGRocket, the virtual gaming economy is about to be positively disrupted with AI, eradicating in-game fraud and boosting revenues of businesses,” says Alexey Belyankin, CEO, GG Rocket. “Our blockchain technology will amplify the impact of the solution, allowing anyone, be it a business or a customer to be a participant in an active ecosystem,” added Mr. Belyankin.
GG Rocket app functionality is based on: GG Guard – a video recognition escrow system that decides if the deal has been fulfilled in game. GG Robot - a mechanism that utilises big data and machine learning technology in order to create specified and personalised offers for each customer based on their preferences.
The company is supported up by a development grant from tech giant Microsoft as well as many other venture capitalists, which has gone through the prestigious IIDF – the biggest accelerator and VC in Europe.
YOU MAY ALSO LIKE
Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition
HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...
Salesforce Expands into Thailand, Opens Office in Bangkok
Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...
GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’
Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...
Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates
The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...
