Big Data Block joins Pecunio Venture Fund with $1MM deal signing
Press Release
Chicago, Illinois, 5th of September 2018 — Big Data Block and Pecunio announced today a joint investment deal of up to $1.5 million in token swaps and cash that is expected to close by the end of the year. The deal is believed to lead to a bright future, as this mutual investment is regarded one of the most effective ways to make direct cryptocurrency investments.
BigDatablock is a service democratizing big data analysis. An accessible, affordable, and secure Big Data solution serving a $130 billion market. While big data is very popular now it still requires a fair amount of technical expertise and expense to implement. Hiring or contracting big data experts is expensive. Scaling a big data environment also requires significant technical capabilities. Large companies with deep pockets can do this, but not everyone can.
Pecunio is convinced of the necessity of the solution created by the start-up team from the U.S. The classic way people manage data is utilizing large database systems that centralize the processing of this data into large monolithic systems like Oracle or SQL Server or Teradata. Hadoop, Big Dat Blocks solution, moved away from structured data and created a distributed model to process data more horizontally, distributed to any number of computers or nodes.
About Big Data Block:
Big Data Block (BDB™) combines Big Data solutions and blockchain technology utilizing Ethereum’s smart contract and token capabilities. BDB™ democratizes Big Data for everyone. Combining the best of Big Data and the best of blockchain we remove the deep technical skills and costs needed to leverage a Big Data environment and becoming the first BDaaS (Big Data as a Service) on a blockchain.
About Pecunio:
Pecunio is an asset management platform for safe and easy access for the future of financial markets through blockchain investments. As the United Arab Emirates’ (UAE) leading blockchain investment company, investors benefit from a sound business model, enabling investments into angel & venture capital (AC&VC) funds and high-end cryptocurrency funds. In addition, the investment platform focuses on settling B2B transactions with a gold-backed currency used as ‘gold-tether’.
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