MDT and DWF Labs Announce Strategic Partnership to Empower Data Value Creation Ecosystem for AI
Measurable Data Token (MDT) is thrilled to announce a strategic partnership with DWF Labs, catalyzing the evolution of its decentralized data value creation ecosystem for AI.
This partnership allows DWF Labs to infuse MDT with liquidity and seven-digit financial support, fortifying MDT’s ambition of pioneering a decentralized data value creation economy with blockchain technology. This partnership also paves the way for MDT to broaden its international footprint, accelerate its growth trajectory, and stimulate the inception of new services and products.
MDT is a decentralized data value creation economy for AI where users, data providers and data buyers can exchange data securely and anonymously through blockchain. Founded in 2017, MDT ecosystem has built several successful products. Consumer facing RewardMe App rewards users for contributing purchase data points. Business facing alternative data provider Measurable AI turns anonymous transactional data into valuable consumer insights for brands and investors. To facilitate the emerging use cases of data in decentralized finance, MDT initiated Measurable Finance (MeFi) Oracle to bridge the gap between capital market financial data and the decentralized world.
“MDT has successfully distributed data sharing rewards to over 650,000 ecosystem users who generated a total purchase value of more than US$130m, from more than 2 million anonymous transactional e-receipts data points,” says Dr. Heatherm Huang, co-founder of MDT. “We are confident that with DWF Labs’ support, MDT is one step closer to realizing a ubiquitous data value creation economy powered by blockchain, and further expand our ecosystem use cases globally”.
Andrei Grachev, Managing Partner of DWF Labs, shared his excitement for this strategic partnership, “Data in decentralized finance not only fuels AI with invaluable insights but also trains it to perform better. AI refines and enriches data, enhancing its usability. This symbiotic relationship between AI and data drives a cycle of perpetual innovation. We are excited to be part of this journey in the Measurable Data Token ecosystem.”
The partnership between MDT and DWF Labs marks a shared commitment to a future where AI and data can empower each other through blockchain technology.
About Measurable Data Token
Measurable Data Token (MDT) is a decentralized data value creation ecosystem for AI that rewards users for sharing anonymous data points and enables data exchange securely and anonymously on blockchain.
About DWF Labs
DWF Labs is the global digital asset market maker and multi-stage Web3 investment firm, supporting portfolio companies from token listing to market making to OTC trading solutions.
