(NEW YORK)–Smaller cap companies are swinging their focuses towards the potential combination of Blockchain and Artificial Intelligence (A.I.) as next wave of technological innovation, and investors are taking notice.
The first in this space is AppSwarm, Inc. (OTCMKTS:SWRM), a technology company specializing in the accelerated development and publishing of mobile apps, which just announced a partnership with AI VentureTech, Inc., a technology accelerator and advisory firm focused in the areas of artificial intelligence and automation to develop mobile, cloud-based applications, and corporate solutions.
AppSwarm and AI VentureTech will explore the development of mobile and cloud-based applications in such areas as artificial intelligence, blockchain logistics, IoT applications, automation, and corporate virtual assistants and chatbots. The goal will be to assist corporations of varying sizes in becoming more productive and cost-efficient in their operations by implementing these new technologies and tools.
Artificial Intelligence (AI) is set to play an integral role in moving smartphones towards what they call “intelligent phones”, and AppSwarm (SWRM) looks to position itself as a player in developing apps for these next generation phones.
AppSwarm is currently trading with a market cap of only around $4 million under the ticker symbol “SWRM”. http://www.otcmarkets.com/stock/SWRM/profile
Another smaller play in this area is Signature Devices, Inc. (OTCMKTS: SDVI), which just announced it had entered into a joint venture with Genius Ventures, LLC to launch a CryptoCurrency, Utility Token, that will be used in Innovo Technologies GPU enabled Media devices.
Innovo Technology, a leading software and hardware development is integrating the CryptoCurrency into the IOT business. Each device will use the idle time to execute artificial intelligence processing and receive CryptoCurrency in an internal wallet that can be used to purchase media such as Movies & Music and even redeem the CryptoCurrency for other currencies.
The rapid growth of both Blockchain and A.I. to manage more complex and data heavy operations makes movement into this space one of the hotter sectors to watch for in 2018.
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About AI VentureTech
AI VentureTech, Inc. is a technology startup accelerator that seeks to invest or provide corporate advisory services, for companies primarily focused in the artificial intelligence, automation, and fintech technology industries. We offer our network of funds, and institutional investors, an ideal way to invest in early-stage companies focused on automation and business analytics, data mining, artificial intelligence, visualization tools, predictive modeling, and cloud advanced analysis. We work with our clients, and investment funds, for the ultimate goal of listing these projects on a public exchange. http://www.aiventuretech.com
AppSwarm is a technology company specializing in the accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs. For more information, visit us at www.app-swarm.com