TOKENIZING AND LIBERATING THE MOBILE DATA MARKET

Background

In the business world today, a lot of changes and technological developments. Especially in the field the usage of the Ethereum Blockchain and Smart Contracts very busy in talks. Here DENT is present for all of you. And we need to explain a little bit DENT Exchange we are building: the transparent marketplace for selling, buying and donating mobile data packages.

We present, DENT Wireless LTD established in Hong Kong, as well as established in 2014 as Commando Coder Ltd when Tero Katajainen decided to make the development of FOREX trading system to automatically function as a default risk management. He integrated the product with the leading trading terminal MetaTrader, allowing traders to trade straight out of the Web application. Some products are integrated into DENT Exchange to allow the purchase and sale as well as contributor of mobile data packages in the world market. This year, all the founders invest in related companies and join Tero in adventure to develop and bring Dent Exchange to the world.

The DENT Token

The actual sale, purchase, and donation of mobile data packages is handled by Ethereum blockchain. And DENT entered as the currency and powers the DENT exchange. With the inclusion of DENT, This leads to transparency, increased competition, and better utilization. DENT exchange will drive the smart contracts, effectively making the system a blockchain-based trading platform. As the exchange becomes the de-facto standard for trading of mobile data packages, it will also become the principal method for determining the floating price of mobile data worldwide

Technology — Architecture

Architecture Overview

The DENT Exchange is a combination of state-of-the-art technology at this time. The trading side is familiar with Stocks, Forex, and others, while the connectivity between DENT Exchange and telcos is owned by virtual operators. Technology challenges are well known and certai.

Component Overview

Trading terminal Web-app.

The trading terminal Web-app allows market participants to view quote feeds, see the order book and market depth, place buy/sell orders, review portfolio, order history, etc. It is analogous to FOREX trading terminals such as MetaTrader.

Trading terminal mobile app.

The mobile trading app is a simplified version of the Web-app. It allows the user to see quote charts and place basic orders, as well as see current portfolio and DENT balance.

DENT Exchange Component Structure

DENT exchange is the main container for the business logic. In addition to being a trading platform, it will provide integration with 3rd party telcos and the Ethereum blockchain. DENT exchange contains the trading instrument repository (mobile data packages), manages the market participants and their portfolios, distributes price data feeds to trading terminals, calculates the spreads in the bid/offer prices, executes and manages orders, etc. As such it is a usual trading platform.

Ethereum smart contracts

Ethereum smart contracts execute the financial transfers of DENT. They are driven by events from the DENT Exchange. Upon execution of contracts the exchange then takes the focus and handles the 3rd party transactions.

Virtual Operator / Telco

The Virtual Operator or telco acts as a market maker, provides mobile data packages for endusers and is a payment gateway for conventional Premium-SMS/USSD data package purchases. It will be used to seed the exchange.

DENT for developing markets — “Gigabytes for Africa”

DENT will allocate a small amount of funding for donations of unused mobile data to the ones that need it DENT wants to help the developing world by providing access to mobile data. Data packages may be donated through the exchange by the users. We will look for strategic partnerships with operators enabling access to information in rural areas.

Link Address :Website: https://www.dentcoin.com
Whitepaper:
https://www.dentcoin.com/whitepaper
ANN Thread:
https://bitcointalk.org/index.php?topic=1974825.0

My Profile : https://bitcointalk.org/index.php?action=profile;u=782043

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