DAWEX
8.10.2019 12:07:09 CEST | Business Wire | Press release
Dawex , the leading data exchange technology company and the operator of the largest data marketplace, today announced at Gitex 2019 the release of Dawex Data Exchange Platform hybrid capabilities combining decentralized and managed modes to support the exchange of data and related payments between data providers and acquirers.
Data is a strategic asset that dramatically increases its value when easily and securely exchanged between multiple business entities. The role of a data marketplace and a data exchange platform is to establish trust and enable secure and efficient data transactions between data providers and acquirers.
The announced hybrid capabilities allow the parties supplying and sourcing the data, as well as the operator of the data exchange platform, to choose between two operating modes for managing the actual transfer of data, and the related payment, when transactions are monetized. The decentralized mode takes advantage of the blockchain to allow the exchange to take place without intermediary, while providing maximum trust, traceability and transparency. This new capability completes already existing blockchain-based features for making licensing contracts forgery-proof. The managed mode allows stakeholders to rely on the data exchange platform’s rich capabilities to manage the exchange of data and payments, and benefit from various value-added services.
“Being the largest data marketplace totaling more than 8000 member-companies worldwide, puts Dawex in a unique position to understand the market dynamics when it comes to data exchange” says Laurent Lafaye, co-founder and co-CEO at Dawex. “What we observe is that corporations engaging today in data exchanges want the ability to decide which model to use and when. With Dawex hybrid approach, we’re in a unique position to provide flexibility to organizations’ evolving data strategies.”
Some organizations are envisioning the emergence and the rapid adoption of decentralized blockchain-based models. Dubai is at the forefront of innovation. Gitex is the ideal venue to launch Dawex decentralized data exchange capabilities and demonstrate the combination of technological prowess with the business expertise in operating a data marketplace at scale.
“Trust is key for organizations to engage in data marketplaces” adds Fabrice Tocco, co-founder and co-CEO of Dawex. “It is a one-stop place where multiple organizations, operating in different industry sectors, regardless of their size, meet to exchange data. Strong participants’ vetting processes are required to create trust. By implementing blockchain-based mechanisms for data exchange on the Data Exchange Platform, organizations will now benefit from an additional layer of algorithmic trust.”
About Dawex
Dawex, the leading data exchange technology company and the operator of the largest data marketplace, allows organizations to orchestrate data circulation by sourcing, monetizing and exchanging data directly, securely and in full compliance with regulations. Today more than 8,000 organizations from 20+ sectors rely on Dawex Global Data Marketplace and Data Exchange Platform solutions to build their data exchange strategy. Created in 2015, Dawex is a French company with offices in Paris, Lyon, San Francisco and Montreal, expanding business operations to Asia and the Middle East. www.dawex.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20191008005462/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Modon Holding and Nammos Hotels & Resorts Bring Nammos Ras El Hekma to Egypt’s North Coast16.7.2026 14:50:00 CEST | Press release
Developed in partnership with Nammos Hotels & Resorts, the landmark Mediterranean destination will bring together branded residences, a luxury resort, restaurant and beach club, retail village, and signature dining and wellness experiences to Egypt for the first time. Abu Dhabi-based Modon Holding and Nammos Hotels & Resorts have announced Nammos Ras El Hekma – the renowned lifestyle and hospitality brand’s first fully integrated destination in Egypt. Located within the Wadi Yemm precinct, the development will bring Ras El Hekma’s promise of timeless Mediterranean living to life, combining Nammos Residences, Nammos Resort, Nammos Village, and a curated selection of all-day dining and wellness experiences, including the globally renowned Nammos Restaurant & Beach Club. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260716740934/en/ Modon Holding and Nammos Hotels & Resorts bring Nammos Ras El Hekma to Egypt’s North Coast (Pho
Tridiagonal.ai (T.AI) Partners with PETRONAS Carigali’s TriCipta AI with IBM to Advance Engineering Domain-Driven AI Solutions for Upstream Operations16.7.2026 14:30:00 CEST | Press release
Tridiagonal.ai will contribute engineering domain-driven AI solutions, physics-informed models and Decision Intelligence capabilities to support upstream surface equipment optimisation, maintenance reliability and asset integrity decision workflows. Tridiagonal.ai Pvt. Ltd. (T.AI), the dedicated AI arm of Tridiagonal Group, announced its role in the third Joint Development Agreement (JDA) involving PETRONAS Carigali Sdn. Bhd. and IBM Malaysia Sdn. Bhd. to advance PETRONAS Carigali’s flagship TriCipta AI across the Upstream value chain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260715579933/en/ Signing ceremony for the third TriCipta AI Joint Development Agreement, attended by executives from Tridiagonal.ai (T.AI), PETRONAS Carigali, and IBM Malaysia. TriCipta AI is PETRONAS Carigali’s partnership model that combines deep domain technical expertise with advanced AI technology experts to accelerate the development and dep
Crown Bioscience Joins C-Path's NAMs Developer Coalition to Advance Human-Relevant Models in Drug Development16.7.2026 14:30:00 CEST | Press release
Global CRO brings patient-derived models, organoid platforms and biomarker expertise to collaborative effort advancing regulatory acceptance of New Approach Methodologies Crown Bioscience is a global contract research organization (CRO) specializing in oncology drug discovery and development, today announced it has joined Critical Path Institute's (C-Path) New Approach Methodologies Developer Coalition (NAMs-DC), a collaborative initiative dedicated to advancing the validation, qualification and regulatory adoption of innovative human-relevant research methods. Crown Bioscience joins a growing community of technology developers, pharmaceutical companies, regulatory stakeholders and scientific experts working to accelerate the adoption of New Approach Methodologies (NAMs) across drug discovery and development. Through its participation in NAMs-DC, Crown Bioscience will contribute expertise spanning patient-derived xenograft (PDX) models, patient-derived tumor organoids, ex vivo patient
Silo Communications expands fiber connectivity in rural Illinois with Adtran16.7.2026 14:00:00 CEST | Press release
News summary: Silo Communications needed a scalable fiber access platform to bring faster, more reliable broadband to underserved communities With Adtran’s technology and intelligent software, Silo Communications is strengthening service delivery as it evolves from wireless to fiber Deployment supports wider state and federal efforts to close the digital divide and create a foundation for long-term rural growth Adtran today announced that Silo Communications, a rural broadband provider based in northern Illinois, is using its fiber access portfolio and software applications to expand high-speed connectivity for underserved homes and businesses. As demand for reliable broadband continues to grow across communities, Silo Communications is building on its wireless heritage with a scalable fiber network designed to support higher speeds, stronger service reliability and future expansion. The deployment supports wider state and federal efforts to extend high-speed connectivity to underserve
Elliptic Launches Next-Generation Continuous Monitoring, Giving Crypto Compliance Teams a Live View of Customer Risk Without the Flood of Alerts16.7.2026 14:00:00 CEST | Press release
The only monitoring solution on the market that detects the full range of risk-changing events, not just label changes, and lets teams configure alerts to only what matters, cutting manual rescreening and alert triage by up to 75% Elliptic, the global leader in digital asset decisioning, today launched the next generation of Continuous Monitoring, a solution that gives crypto compliance teams a continuously accurate view of customer risk rather than a picture frozen at the last screening. Elliptic's Continuous Monitoring is the most comprehensive risk monitoring solution on the market, and the only one to pair the industry's broadest event detection with fully configurable alerting. It is available to compliance teams today. "Monitoring obligations on MLROs are getting more stringent, putting both their companies and, sometimes, themselves at risk. Existing monitoring solutions fail twice over: They leave exposure gaps by only alerting on obvious triggers like label changes while missi
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom