NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) — In a press release issued under the same title on Monday, August 19,th by Ethical Web AI (OTCQB:BBLR), please note that the fourth paragraph has been updated to read: “These high-precision queries are all data-driven. None of the queries are hard-coded. This means that a single application can search for any product or service that is relevant to the market sector it belongs to.” The corrected version is as follows:
Bubblr Inc., d/b/a Ethical Web AI (OTC:BBLR) – an ethical technology pioneer determined to revolutionize the digital realm, announced that its Ethical Web product is now demonstrable.
The Ethical Web platform has been in development for over three years. It is the technical realization of its valuable US patent 10977387. Traditional Internet search engines haven’t really changed in over 30 years. This new platform allows licensees to create their own super applications in a profoundly different way.
Very high-precision searches are performed via anonymous super applications. These high-precision queries include all attributes of the product or service being searched for, as well as geographic data and availability information.
These high-precision queries are all data-driven. None of these queries are hard-coded. This means that a single application can search for any product or service that is relevant to the market sector it belongs to.
Consumers still have full control over their anonymity. They can even chat with a potential supplier without revealing any personal information. This aspect alone profoundly changes the way suppliers must treat potential customers.
Another profoundly different aspect of this new search method is that searches can persist and search results can be delivered later as soon as they are available. This persistence capability in a search provides a new concierge search capability.
There are five scenarios presented in videos on the website (see How it works – Using the platform). We can now demonstrate all these scenarios on a pre-production version of the platform.
Steve Morris, CTO and Founder of Ethical Web AI, said: “This is the most important event for the company to date. Our biggest challenge has always been to explain how important our technology is. There are many new technologies that claim to be innovative or disruptive, but none of them reach the level of true disruption and innovation that Ethical Web has. There has been no real innovation in Internet search in the last 30 years. People are tired of being exploited by big tech companies. They are demanding a different way of searching that doesn’t rely on online advertising and behavioral tracking. It’s interesting to see that Google is in trouble with its antitrust lawsuit brought by the US Department of Justice. Something we predicted many years ago.
“From an investment perspective, our biggest challenge has been our inability to succinctly describe what our platform does and why it is so revolutionary. Now that the platform is demonstrable, it greatly facilitates our ability to raise the funds needed to take the company to the next stage.”
“I can’t thank our development team enough for reaching this critical milestone. It’s been years in the making. Many of the technologies needed to build the platform either didn’t exist or we had to wait until they became commercially viable. Other technologies we had to invent ourselves. A significant amount of architectural design and code was written to build the platform.”
“Finally, this means that we can now continue our discussions with potential candidates for our first pilot projects. We have a number of potential pilot candidates who are extremely eager to see the demonstration in order to move to the next stages and sign the necessary agreements. The lessons we gain during these pilot processes will enable us to provide “the automation needed so that any community on earth can sign up to use our platform.”
“In a few weeks, we will announce some public demonstrations of the platform via online broadcast media.”
About Ethical Web AI:
Ethical Web AI is an ethical technology company championing a new, anonymous, safe, and fair Internet. We produce unique intellectual property and technology that is defensible through our valuable utility software patents.
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For more information about our company and products, please visit our website at https://www.ethicalweb.ai.
Media contact:
Steve Morris
Bubblr, Inc.
(646) 814 7184
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on management’s current plans and expectations and are subject to a number of uncertainties and risks that could materially affect the Company’s current plans and expectations and future results of operations and financial condition. The Company reserves the right to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.