San Juan, PUERTO RICO, July 22, 2020 (GLOBE NEWSWIRE) — BOTS, Inc. (OTC: BTZI) (GERMAN EXCHANGE: M06.SG) an emerging innovator of products, technologies, and services for the rapidly growing digital robotic automation and manufacturing industry is proud to announce that it has joined the Open Invention Network (OIN), the largest patent non-aggression community in history. Bots Inc has become a licensee and member of the 3,200 strong community of OIN licensees. As a leading provider of robotic and blockchain technology and infrastructure, BTZI is committed to embrace open source software (OSS). The company has acquired Bitcoin ATM patent and other patent pending from First Bitcoin Capital Corp (OTC : BITCF) and is planning to develop Global Bitcoin ATM network utilizing open source software platform as a Joint Venture with First Bitcoin Capital.
“In addition to being actively involved in blockchain and robotic automation development, Bots, Inc. is consistently monitoring the trends in this rapidly evolving industry,” said Paul Rosenberg, Company’s CEO. “By joining the Open Invention Network community, BTZI is further demonstrating its support for developing open source software.” “By joining the Open Invention Network, we show our continued commitment to innovation, and support for patent non-aggression in open source projects.”
About Open Invention Network
Open Invention Network (OIN) is the largest patent non-aggression community in history and supports freedom of action in Linux as a key element of open source software (OSS). Patent non-aggression in core technologies is a cultural norm within OSS, so that the litmus test for authentic behavior in the OSS community includes OIN membership. Funded by Google, IBM, NEC, Philips, Sony, SUSE and Toyota, OIN has more than 3,200 community members and owns more than 1,300 global patents and applications. The OIN patent license and member cross-licenses are available royalty-free to any party that joins the OIN community.
Open to all, OIN’s community practices patent non-aggression in core Linux and adjacent open source technologies by cross-licensing Linux System patents to one another on a royalty-free basis. Patents owned by Open Invention Network are similarly licensed royalty-free to any organization that agrees not to assert its patents against the Linux System. The OIN license can be signed online at http://www.j-oin.net/.
For more information, visit www.openinventionnetwork.com.
About BOTS, Inc.
Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets under the symbol (BTZI) and on Börse Stuttgart under ticker (M06.SG) – is a diversified company developing and servicing blockchain solutions and robotics for its clientele. The Company is committed to drive the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA).
Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit http://www.bots.bz
Visit us on Facebook @ https://www.facebook.com/Bots.Bz/
Follow us on Twitter @Bots_bz
About First Bitcoin Capital Corp
First Bitcoin Capital Corp (OTC:BITCF) began developing digital currencies, proprietary blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company, we provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.
BITCF also owns patent U.S. Patent No. 9,135,787 – “Bitcoin Kiosk / ATM Device and System Integrating Enrollment Protocol and Method of Using the Same.” Known as the “Bitcoin ATM patent” this patent is related to the purchase and sale of cryptocurrencies utilizing a Bitcoin ATM or kiosk that allows customers to purchase Bitcoin or other cryptocurrencies by using cash, debit or credit cards.
The Company began developing its own blockchain and cryptocurrency called First Bitcoin (COIN:BIT) in 2016. Recently the Company updated the BIT wallet and added more functionality. Users are able to generate BIT through the processes of POW and POS mining. The First Bitcoin cryptocurrency has a current supply of 20,707,629,255 BIT. It is currently trading on LIVECOIN.net with its explorer at www.explorer.bitcf.net
Contact us via: email@example.com or visit www.firstbitcoin.io
follow us on Twitter; @1stBitCapital
follow us on Linkedin: https://www.linkedin.com/company/first-bitcoin-capital-corp/
follow us on FaceBook: https://www.facebook.com/BITCF/
Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s website and filings.