Blockchain-based mobile data trading trial successfully conducted by DENT and PLDT in Hong Kong

BARCELONA - February 23, 2018 (Investorideas.com Newswire) DENT Wireless Limited and PLDT (HK) Limited today announced they have successfully completed a friendly user trial together. In this trial, selected PLDT HK customers in Hong Kong were able to buy and sell their mobile data with each other using DENT’s prototype app for iOS. This prototype, an extension of DENT’s commercial app, is powered by blockchain technology and utilises DENT tokens as the currency for trading.

"PLDT HK is constantly looking for innovative ways to serve the needs of overseas Filipinos. Our test customers warmly welcomed the concept of a mobile data trading app which they could easily use to sell data that they don’t need or buy more data from others. We are thankful to all our customers who participated in this test run," said Joel Lumanlan, General Manager of PLDT HK.

Tero Katajainen, CEO of DENT Wireless added, "We are extremely excited about this successful trial with PLDT HK. It shows customers love our mobile data trading app and the underlying technology works seamlessly. The implementation and connectivity to the billing system of this operator took only three weeks from start to finish, thanks to the talented team of PLDT HK."

"The results of this friendly user trial once again confirm DENT’s vision is the right one. Last month a market research study by Ericsson ConsumerLab already delivered key insights that customers want the ability to trade their mobile data. Now, the trading results combined with the feedback we received from the participants confirm these insights are accurate."

"The next step for DENT will be to launch a commercial service in cooperation with Mobile Operators around the world. Offering mobile data trading with DENT is a great opportunity for Telcos to attract and retain customers, to drive additional revenues and to create a positive brand image by giving customers a new and exciting way of engagement," said Ramon Greep, SVP Telco Operations, DENT Wireless.

ABOUT DENT

DENT Wireless Ltd., based in Hong Kong, creates the world’s first Global Mobile Data Exchange. Through DENT’s Ethereum blockchain powered Mobile Data Exchange, anyone can buy, sell or donate mobile data using DENTs as global currency. DENT Wireless successfully launched their token sale in July 2017 and sold over 10 billion DENT Tokens within the first weeks on the market. Today, DENT is one of the most valuable cryptocurrencies of the world with a market cap of over $300M USD.

For more information, visit www.dentwireless.com.

ABOUT PLDT (HK) LIMITED

PLDT Global Corporation (PGC), the international marketing, sales, and operating arm of the PLDT Group expanded its global reach to cater to more Filipinos worldwide. In 2001, PGC formed PLDT (HK) Limited to directly serve the overseas Filipino consumers, offer wholesale services, and provide high-quality enterprise and value added solutions to PLDT customers. Through its retail business, PLDT HK became the first mobile operator in Hong Kong to offer electronic prepaid loading, load transfer, and mobile remittance services.

Today, PLDT HK continues to break new ground to deliver innovative and relevant life solutions that aim to uplift the lives of Filipinos in HK and other countries. Visit www.pldtglobal.com for more information.

The Study of Ericsson ConsumerLab: http://bit.ly/2olx6N0

MEDIA CONTACT: dent@Transform.pr

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