Dubai, UAE- 24th April, 2018.

Today it was announced that IUNGO Network has officially joined the DataBroker DAO Alliance.

IUNGO CEO Ricardas Bernotavicius and Magomet Tsanajev from DataBroker DAO

On the release of the news DataBroker DAO CEO Matthew Van Niekerk stated “DataBroker DAO has focused predominantly on industrial IoT to date. A broadening of the scope based on an IUNGO partnership could certainly be mutually beneficial”.

According to IUNGO CEO Ricardas Bernotavicius “We are delighted to have taken a strategic decision to join the DataBroker DAO Alliance and to have access to their emerging data marketplace. This provides an additional potential future monetization option for IUNGO business customers and consumers. Additionally, there are strong future synergies from a technical perspective that can benefit both projects as we execute along our resective roadmaps”.

Going forward, the DataBroker DAO and IUNGO Commercial and Technical Leadership will explore deeper synergies. These potentially include helping DataBroker DAO evaluate expansion beyond industrial IoT data into the Small to Medium Business and Consumer segments, and for IUNGO to explore IoT data collection, transfer and commercialisation via DataBroker DAO’s marketplace.

DataBroker DAO is the first marketplace to sell & buy sensor data. As a decentralized marketplace for IoT sensor data using Blockchain technology, Databroker DAO enables sensor owners to turn generated data into revenue streams. This will open up a wealth of opportunities for various industries. Data will be used and become more effective.

IUNGO Network is part of a movement to build the foundations of a new, decentralized internet by creating the world’s first truly global WiFi Network. IUNGO Network believes that internet access is a basic human right and will empower consumers in both emerging and developed markets while providing monetisation opportunities to businesses of all sizes and individuals.

You can see an earlier discussion between IUNGO CTO Andrius and Magomet from Databroker DAO here:

Press contact DataBroker DAO: Els Meyvaert, hello@databrokerdao.com

Press contact for IUNGO Network: Paulius Siervicius, info@iungo.network