Today Mobile data access has become as important to humans as food, water and electricity. Dent (DENT) Cryptocurrency sees this opportunity and applies it with blockchain technology that is currently developing.
The Dentcoin company called DENT Wireless Limited or Dent is a digital network operator that provides eSIM cards, cellular data plans, top-up call minutes and free roaming services. DENT is an Ethereum (ETH) based ERC-20 token. It leverages the capabilities of blockchain technology to create a global market for mobile data liberalization.
To know and know more about what Dent (DENT) Cryptocurrency is. In this article, AllCrypto.link has summarized it for you, loyal readers.
What is Dent (DENT) Cryptocurrency?
Dent is a revolutionary digital mobile operator company that offers eSIM cards, cellular data plans, top-up call minutes and a free roaming experience. Dent uses the power of blockchain technology to create a global marketplace for mobile data liberalization.
Dent has an ambitious roadmap going forward, with plans to expand its services to new markets by the end of 2021. The company has attracted more than twenty-five million mobile device users, and Dent’s services are available in more than 140 countries. Corporate partnerships for Dent include Samsung Blockchain, The Enterprise Ethereum Alliance and Telecom Infra.
Dent’s Goals and Vision (DENT)
The company’s goal is to free mobile data by allowing anyone to buy, sell and donate data via the Ethereum blockchain and the DENT coin is the main cryptocurrency used within the Dent ecosystem.
DENT strives to ensure that in the future they can influence mobile service providers to get better conditions than they have now. Obviously, mobile data has become a valuable necessity over the last few years. It is an important commodity for people in both developed and underdeveloped countries of the world. Through the DENT ecosystem, users can connect with each other on a blockchain-based platform to buy, sell and donate their unused mobile data.
Dent has an ambitious roadmap going forward, with plans to expand its services to new markets by the end of 2021. The company has attracted more than twenty-five million mobile device users, and Dent’s services are available in more than 140 countries. Corporate partnerships for Dent include Samsung Blockchain, The Enterprise Ethereum Alliance and Telecom Infra.
Dent’s vision is to be the first global and digital operator to provide worldwide mobile data access without the use of outdated SIM cards. eSIM technology is growing in importance and will become the standard for mobile data.
Founder of Dent (DENT)
Tero Katajainen is the founder and CEO of DENT Wireless. He obtained his master’s degree in science from Tampere University of Technology in 1999. After graduating, he became a system administrator and java programmer at the university. In 2001, Katajainen became CTO of Genetics AG, and in 2003 he founded Pocket Indian Software Solutions. Katajainen served as senior Java/Android consultant to the United Nations in 2015. He has many awards and honors in technology.
Mikko Linnamäki is the co-founder of DENT Wireless. Since 2000 he has been active as a businessman and entrepreneur. With five successful businesses prior to founding Dent, Linnamäki introduced himself as a “serial web entrepreneur and Internet software pioneer.” His longest-standing business venture is Smartseed GmbH, which has been operating successfully since late 2000. Since then, Linnamäki has participated in the founding of DEVCOT, one of the largest open source IMAP servers in the world.
What makes DENT unique?
Dent is a revolutionary player in the cellular communication market and data services. At present, about half of the world population has limited access to cellular services because of the high prices offered by traditional cellular operators. Dent presents the power of Blockchain technology to revolutionize this and provides global access to airtime and cellular data.
Dent eliminates the understanding that your cellular data is related to your location by becoming a global digital cellular operator. Dent offers packages that are in accordance with the current citizen needs by removing roaming fees and introducing international cellular packages. All that is on the DENT platform is purchased through a Dent token, meaning that all transactions are recorded in the blockchain, and there is no chance for customers to pay for something and not accept it. Unlike traditional cellular operators, Dent aims to make mobile phone and cellular data available globally for anyone interested, wherever their location.
How is the Dent network secured?
Dent is an Etherum-based ETHC-20 token. This means that the DENT platform operates thanks to the proof-of-stake consensus (PoS) method. Unlike Bitcoin, which uses the proof-of-work (PoW) consensus mechanism, Dent relies on large stakeholders to become transaction nodes and validators.
The benefits of PoS consensus mechanisms are many, but the most prominent including increasing scalability and reduction of electrical power consumption and computing. Considering this, many platforms want to use the Ethereum blockchain to launch their products. Dent is one of the pioneering projects to launch an ERC-20 token in 2017.
What are DENT Tokens?
DENT is the main cryptocurrency used on the Dent network. The DENT token is created with the ERC-20 token standard running and distributed on top of the Ethereum (ETH) blockchain network.
Some of the uses of the DENT token are as follows:
- DENT allows consumers to freely buy, sell and donate their mobile data to any other device.
- DENT will serve as the global currency for mobile data transactions between telecommunications and consumer communities.
- DENT makes it easy to remove data roaming cost drivers including expensive routing between telecommunications.
- DENT enables automatic purchase of data packages for customers. Consumers always get the best price from the most appropriate operator in their area.
- Operators can quickly link to the DENT network to support a global customer base without having to build their centralized system.
Tokenomic DENT
The total supply of DENT tokens is limited to 100 billion. Here’s the distribution:
- During the company’s initial coin offering, 8.6 billion DENT tokens were sold at a fixed price of $0.0005 per token (ICO).
- 30% of all DENT tokens are kept by the organization for strategic acquisitions and industry seeding, user rewards, wages and bonuses.
- The remaining 70% of the token supply is released during pre-sale and sale activities, with the remaining tokens locked and released quarterly after that.
That’s it for this article from AllCrypto.link which discusses what Dent (DENT) Cryptocurrency is. Hopefully this article can be useful for those of you who are currently in the world of cryptocurrency investment.
