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Wireless

Pareteum wins USD 22 mln contract with digital currency Wi-Fi provider

Tuesday 2 April 2019 | 15:09 CET | News
Pareteum won a USD 22 million 36-month contract from a company that decided to use Pareteum's platform to rapidly expand its digital currency-based connectivity product for consumers. The customer launched Pareteum-enabled services on 1 April. Pareteum's new customer is building a global blockchain-based Wi-Fi sharing community. Members can mine tokens by sharing their Wi-Fi, whether residential or within commercial locations, and use those tokens for Wi-Fi connectivity at other locations within the network.

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Categories: Mobile & Wireless
Companies: Pareteum
Countries: World
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