• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Vodafone Digital Asset Broker partners with Aventus for secure Web3 services

August 5, 2023 By Crypto Reporter PR

Vodafone’s ‘Economy of Things’ Digital Asset Broker (DAB) business is connecting with Aventus, which helps enterprises adopt Web3 – the new blockchain-based decentralised world wide web.

The two companies will use their collective strengths to help more businesses and strategic partners take advantage of Web3’s secure blockchain technologies when trading and exchanging data electronically, as envisioned within the new Economy of Things. With access to more than 160 million connections worldwide, Vodafone DAB enables customers to do this at scale across multiple geographical regions.

Initially, Vodafone DAB and Aventus aim to help the aviation sector improve the security and reliability of its supply chain. Vodafone and Aventus are developing a solution that involves equipping cargo tracking pods with blockchain-enabled SIM cards connected to the DAB platform. Around 5%-10% of cargo pods go missing annually, costing the industry about $400 million, and this solution aims to reduce these losses. It builds on Aventus’ existing relationships at Heathrow Airport where Aventus’ blockchain solutions are used to manage aircraft unit load devices for tracking luggage, freight, and mail.

Jorge Bento, CEO of Vodafone DAB, said: “Through our strategic partnership with Aventus, we can help businesses and third-party providers securely adopt, and benefit from, Web3 services through the Vodafone DAB platform. Addressing the needs of the airlines is a start, and we look forward to exploring many other opportunities with Aventus.”

Alan Vey, Founder & CEO, Aventus, added: “We are excited to be partnering with Vodafone DAB. Combining Blockchain, IoT and Web3 has the potential to overhaul the way businesses operate and interact with their customers, bringing huge efficiencies and benefits. Those willing to understand and leverage it today have the unique opportunity to shape tomorrow’s digital landscape.”

Specifically, Aventus offers businesses solutions that incorporate IoT and secure enterprise-grade and trusted public blockchains, which provide a digital record or ledger of online transactions. As a first step, the two companies will establish a bridge between Vodafone DAB and the Aventus Network, which connects to the wider blockchain ecosystem via the Polkadot platform.

By connecting to the Aventus network, business customers and strategic partners of Vodafone DAB can access and interoperate with many trusted public blockchains in a controlled and secure way using the DAB IoT Identity Passport. Any trusted device connected to Vodafone DAB is assigned a unique identity passport and then, using secure links, is automatically allowed to trade data and money from different organisations and ecosystems (like an electric vehicle securely transacting with a charging point).

Vodafone DAB, which became a separate standalone business in May this year, will also join the Aventus Network as a validator, helping to secure the network and contributing to its decentralisation. Both companies believe that interoperability is key to realising the full potential of blockchain technology and driving the new economy of things.

Filed Under: Press Releases

Primary Sidebar

Follow Us

Press Releases

Ripple Leads the Charge as RXS, BDAG & Angry Pepe Fork Record Double-Digit Gains

June 24, 2025

Inblock Metacoin: Providing Exceptional Reliability with Digital Asset Security via IBM Hyperledger

June 24, 2025

Shiba Inu Slips as Bears Target 28% Crash, While Little Pepe (LILPEPE) Prepares for a Historic Meme Coin Rally

June 23, 2025

Industry Veteran James Harris Appointed as Group CEO by Tesseract Group

June 23, 2025

Momentum Forms Partnership with Wormhole and OKX Wallet to Bring Billions in Liquidity to Sui and Elevate Ecosystem Growth

June 23, 2025

TWS Conference

Merge Madrid

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter