BICO price rise as Mercedes-Benz’s strategic product Acentrik partners with infrastructure provider Biconomy (BICO) to pioneer the next generation data market.
According to the latest information, Mercedes-Benz’s strategic product Acentrik will cooperate with infrastructure provider Biconomy to pioneer the new generation data market.
After the news, the price of BICO increased by up to 18%.
Announcing its partnership with Mercedes-Benz with its official blog post, Biconomy said:
“Today, Mercedes-Benz’s strategic product Acentrik and web3 infrastructure provider Biconomy announced a milestone collaboration to deliver seamless, web2-like experiences to organizations in the web3 world.
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This partnership drives Acentrik’s service offering that provides an end-to-end white-label and customizable data marketplace, securely empowering cross-border exchanges with full data control and unlocking greater data value between government agencies and private organizations.
Biconomy, which has a trusted network of over 400 web3 ecosystem partners including JP Morgan, Trust Wallet, The Sandbox and dYdX, has been appointed as Acentrik’s Account Abstraction solutions provider.
This will revolutionize data exchange in the web3 space by setting user experience (UX) standards for decentralized data transactions.”
“Our collaboration with Biconomy is pivotal in driving mass adoption of Web3 through Acentrik,” said Srikanth Kaja, the General Manager of Mercedes-Benz Singapore Web3 Center of Excellence.
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