Blockchain Mobile Data Trading Trial Completed By Dent Wireless, PLDT

Announcements, Blockchain, Innovation | February 27, 2018 By:

Dent Wireless Limited and PLDT Hong Kong have successfully completed a blockchain trial where selected PLDT customers were able to trade mobile data.

Based in Hong Kong, Dent is an ethereum mobile data exchange where anyone can buy, sell, or donate mobile data using the company’s Dent token as global currency. Dent Wireless successfully launched their token sale in July 2017 and sold over 10 billion tokens within the first weeks on the market.

PLDT Hong Kong is a subsidiary of PLDT Group, the largest telecommunications and digital services company in the Philippines and the most-known Internet service provider. PLDT Hong Kong was formed 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 became the first mobile operator in Hong Kong to offer electronic prepaid loading, load transfer, and mobile remittance services.

During the trial, selected PLDT Hong Kong customers were able to use Dent’s prototype iOS app to buy and sell mobile data with each other. Joel Lumanlan, General Manager of PLDT HK, said that the customers who participated in the trial warmly welcomed the concept of a mobile data trading app.

“PLDT HK is constantly looking for innovative ways to serve the needs of overseas Filipinos,” said Lumanlan. “We are thankful to all our customers who participated in this test run,” said Joel Lumanlan, General Manager of PLDT HK.

“We are extremely excited about this successful trial with PLDT HK,” said Tero Katajainen, CEO of Dent Wireless. “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.”

Katajainen added that 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 they received from the participants confirm these insights are accurate.

Ramon Greep, SVP Telco Operations at Dent Wireless, said 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 Greep.

Recently, PLDT agreed to collaborate with several global large telecommunications firms to develop a next generation international cross-carrier payment blockchain platform and ecosystem. PLDT joins South Korea-based LG Uplus Corp., UAE-based Etisalat Group, South Korea-based KT Corp., and Span’s Telefonica S.A. in the blockchain initiative in the telco industry.