DENT is on a mission to free up cellular statistics by way of assisting human beings keep away from information roaming fees that cost an arm and a leg. It also permits you to monetize your unused statistics which goes returned to your cell operator as soon as your design expires.
DENT's peer-to-peer community is a game changer amongst hooked up carriers. It modifications the recreation in three ways:
It eliminates all existing facts roaming costs due to pricey routing settings between carriers.
Both men and women and carriers can use DENT to exchange cell data, paving the way for a new and extra inclusive data-sharing economy.
Individuals and IoT devices can automate the shopping for technique with the DENT exchange and get the exceptional offers in the region
What is the hassle that DENT is attempting to solve?
According to Cisco, international cellular traffic was valued at extra than $32 billion in 2017 and is growing. Most of the telecom users are trapped by their data choices. No depend what information package you buy, it expires in a month or two. Meanwhile, most customers stop up either overusing or overusing their statistics plans.
DENT developers felt the need to free up cell data by way of allowing customers to buy, monetize, and spend their data as they liked. This progressive vision created a new $4.8 billion market by way of adding much-needed flexibility in mobile information usage and plans.
The DENT project is developed with the aid of Dent Wireless Limited. Tero Katajainen centered the employer in 2014. Other co-founders Mikko Linnamaki and Andreas Vollmer joined the business in mid-2017.
Tero Katajainen is the company's CEO and the mastermind behind all technology at DENT. Previously, he co-founded quite a few on-line startups and also earned his Master of Science diploma in Electrical Engineering. Miko Linamaki is a serial entrepreneur and co-founder of DOVECOT. Andreas Vollmer has over 12 years of experience creating mobile apps.
DENT consists of many modern technologies that come collectively to enable customers to trade cell data. The foremost aspects are DENT Exchange, Ethereum clever contracts, mobile, internet application, and digital operators.
The DENT exchange is the main thing of the DENT ecosystem. Basically, it is a trading platform with the likes of stock, forex and similar markets. Here, customers and third-party telecom organizations meet and transact with the assist of the Ethereum blockchain. The exchange consists of seven components: equipment repository, pricing data, portfolio management, market maker algorithms, order management, order execution, and DENT Exchange parachain.
DENT internet and mobile purposes permit market members to view the order book, area orders, overview rate history, rate feeds, market depth and different applicable buying and selling information. The cellular app is just a simplified model of the net app.
