19th June, Hong Kong: DENT Wireless Limited has announced its intent to disrupt the world’s telco market by creating the first Mobile Data Exchange. DENT plans to liberate mobile data by enabling anyone to buy, sell and donate mobile data through the Ethereum blockchain using a new universal currency for data markets, the DENT Token.
Liberating mobile data and disrupting the telco market
“The DENT Exchange liberates mobile data by allowing users to buy, sell or donate data on-demand. The world’s first global marketplace for mobile data, with fully transparent and dynamic pricing, is about to unlock the full potential of global data usage, thus benefitting users and telcos alike” says Tero Katajainen, CEO and Founder of DENT Wireless.
Backed by DOVECOT co-founder
“DENT builds a community of telco customers like a “union” to leverage the collective buying power to drive change. For a telco, each customer is highly valuable – in fact worth a global average of $460. Combining just 2 million customers represents $920 million, which no company can ignore” says Mikko Linnamäki, co-founder of DENT Wireless. Mikko is also co-founder of DOVECOT Oy, the company behind DOVECOT, the world‘s most popular IMAP server with a world market share of 72% and over 4 million installs.
Mobile data is big business, yet needs to be changed to unlock the full potential
Global mobile data revenues in a single month are $32 billion, according to Parks Associates [1]. However, data is sold in silos per operator, and usually in fixed denominations. So either the user uses too little and loses the remainder at the end of the billing cycle (typically a month), or they use too much and then have to pay excess charges. As an example, if just 15% of data sold goes unused, a whopping value of $4.8 billion is virtually forfeit.
“Roam like a local” for international data usage
Using mobile data internationally is great – in principle. However, charges are unpredictable for the user and up to 100x or more expensive than at home. Part of the reason are legacies, such that data traffic [2] is routed from the visited country back home before being terminated to the internet. We aim to leverage “local break-out” similar to Wi-Fi hotspots today, to increase efficiencies and lower costs for the users to domestic levels.
Introducing the DENT Exchange
DENT will be the global exchange for mobile data where – when fully scaled up – the world’s mobile data is sold, bought or donated, just like other commodities such as currencies are traded today. DENT will make data pricing transparent, and through automated bidding increases the efficiency of purchase, just like spot markets and digital advertising today.
DENT Tokens will be the global currency for trading mobile data via the Ethereum blockchain. Data and DENT Tokens are smart contracts within the blockchain, and therefore automate the financial process and connect together users and telcos globally. The decentralized nature of Ethereum means that the DENT Exchange is a global platform right from the start.
For more details, please refer to the DENT whitepaper at https://www.dentcoin.com
Announcing Token Sale
The upcoming DENT token sale opens on 12th July 2017 (1500 GMT) with up to 10% bonus tokens for early participation.
For more information about DENT and the crowdsale see https://www.dentcoin.com
Contact Name: Freya Stevens
Contact Email: freya@tokenmarket.net
Contact Location: London
References
1. Park Associates Study of Mobile Data Revenue: http://bit.ly/2sGwaar
2. CISCO study about data traffic: http://bit.ly/1W26UQo
Disclaimer: This is not trading or investment advice. If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.
hloroquine chloroquine over the counter uk chlorodine
https://genericviagragog.com viagra no prescription
tadalafil 40 mg daily tadalafil
buy tadalafil us
tadalafil max dose: http://tadalafilonline20.com/ tadalafil daily use
generic pills without a doctor prescription prescription drugs without a doctor
generic pills overseas pharmacies shipping to usa
india pharmacy generic drugs without doctor’s prescription
best online international pharmacies india pills without a doctor prescription
generic drugs without doctor’s prescription buy prescription drugs
generic viagra walmart price of viagra
viagra amazon
order viagra online best place to buy generic viagra online
mexican viagra
best over the counter viagra viagra amazon
viagra price
when will viagra be generic mexican viagra
where can i buy viagra over the counter
п»їviagra pills п»їviagra pills
buy generic 100mg viagra online
viagra price best place to buy viagra online
viagra discount
viagra over the counter viagra cost
viagra over the counter
viagra over the counter 100mg viagra
cheap viagra online
viagra online usa viagra cost
viagra over the counter
paxil ocd paxil drug
how to overcome ed naturally
https://clomidst.com/# clomid online no prescription
https://doxycyclinest.com/# doxycycline hyc 100mg
paxil for hot flashes: buy paxil – 40 mg paxil
paxil 30 mg: cheap paxil – paxil bipolar