Dent- “We are here to put a DENT in the Universe.” Steve Jobs

in #trending8 years ago



The world is changing, barriers are falling, the usage of the Ethereum Blockchain and Smart Contracts is removing the middle-men and reducing costs across several industries. Banks are changing the way they do transactions while the industry is reducing complexity in manufacturing, supply chain and logistics. This white paper describes the DENT Exchange we are building: the transparent marketplace for selling, buying and donating mobile data packages. https://www.dentcoin.com

Trades of the future:

Mobile data access is becoming an essential human need, as much as hot water and electricity.However, according to GSMA, in 2016 still less than half of the world’s population uses mobile data. For data users, usage vary vastly across geographies, which shows the huge potential to be unlocked. Reasons are, besides network availability and handset affordability, the perceived high cost of data, which varies from below 1 USD / GB to well above 10 USD / GB between operators and regions for domestic usage. Furthermore, operators are locking-in customers with rigid data offerings that are made to expire when unused within a given time, which lead to even higher prices / GB that customers effectively pay. As a consequence of the customer lock-in, data usage abroad can become prohibitively expensive with prices / GB in the hundreds or thousands of USD. All this generates billions of dollars profit for operators but inhibits to unlock the full potential of mobile data.

"We want users to own their mobile data and bandwidth.They need to be able to freely sell or donate unused data to other users.World-wide."

  1. Liberation of Mobile Data. DENT enables a “Data Sharing Economy” where users are able to freely buy, sell and donate their mobile data, from any user to any user. The DENT-Exchange acts as horizontal marketplace for trading of mobile data like on a stock market. The DENT Token will be the world-wide currency for Mobile Data between Telcos and the user community.

  2. Disruption of international Roaming. DENT facilitates the removal of data roaming cost drivers, such as expensive routings between Telcos. For example, with local data break-out, the foreign telco terminates the user traffic directly to the internet, instead of routing the pay-load to the home telco.

  3. Facilitation of mobile data purchase. DENT enables automated purchase capability of data packages for consumers and iOT devices. The user always gets the best price from the most suitable operator in his region, without having to worry about buying too much or too little data.

Mobile Data Liberation – DENT aims to turn unused $4.8 Billion USD per month into usage According to a recent study of CISCO, the world-wide mobile data grew year on year 63% to 7.2 billion Gigabytes per month in December 2016. According to a study of Parks Associates, mobile operator data revenues stood at $386 billion USD in 2015, equivalent to $32 billion USD per
month. Assuming just 15% to be unused due to expiry, in a way users lost a value of $4.8 billion USD. In a more transparent and connected market, this value shall be unlocked to drive mobile data usage.

More information at:





Website: https://www.dentcoin.com Whitepaper: https://drive.google.com/file/d/0BxFqoCUOdNTgWk5vSm9UQVotblk/view Facebook: https://facebook.com/dentcoin More information about ICO on - https://bitcointalk.org/index.php?topic=1974726.0 Creat by : https://bitcointalk.org/index.php?action=profile;u=967887

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