Phunware Inc (PHUN): We are already live and at scale on both...

Reply Private New

Replies (3) Next 10 Prev Next

Send PM Follow Ignore

Followers	5
Posts	185
Boards Moderated	0
Alias Born	02/11/2019

Phunware

Re: candeloro post# 1054

Tuesday, 04/30/2019 11:53:53 AM

Tuesday, April 30, 2019 11:53:53 AM

We are already live and at scale on both data collection and audience consumption within our data exchange.

We currently process more than 6B transactions per day across more than 1B monthly active devices. We support several hundred thousand transactions per second across more than 1 petabyte of data, growing at more than 5 terabytes per day.

The initial PhunCoin wallets will receive their tokens during Q2 as both our mobile loyalty Software Development Kit (SDK) and iOS / Android mobile application portfolios get released to the App Stores.

You can expect a ramp throughout the second half of 2019 of the consumer facing elements of the ecosystem while the institutional and corporate facing elements are already active today.

We don't expect to have any exchange listing for PhunCoin until later in 2019. Our first priorities are for the blockchain-enabled data exchange and mobile loyalty ecosystem, and our second priorities are providing both online marketplaces for consuming goods and services with the tokens and exchange listings for those converting between fiat and crypto.