Press release
PRICE RELEASE CryptoDATA Tech announced that it will be the official title sponsor of 2022, 2023, or 2024’s Austrian Grand Prix. CryptoDATA Tech will take top billing at the Red Bull Ring – Spielberg, which will be officially named the CryptoDATA Motorrad Grand Prix von Österreich, and will sponsor one of the most talented MotoGP™ riders, Jorge Martin. CryptoDATARomanian-based company,, designs high-performance products with unique cybersecurity attributes that can be applied in different domains. CryptoDATA provides unique products and services that meet both the requirements of partners as well as those of users around the world.
CryptoDATA Tech, now the official title sponsor of the MotoGP™ Austrian GP, has recently launched a new blockchain architecture called XidenIt aims at creating a new Internet concept that includes multiple decentralized networks, which act as an interconnected network of individual nodes. Xiden is a way to mine in a decentralized environment. It complies all ETH standards and uses low electricity consumption. This makes it a popular choice for those who prefer the most sustainable and eco-friendly architectures on the blockchain. To this end, mining on the Xiden blockchain is realized with multifunctional devices developed by CryptoDATA, but all other smart devices can be integrated in the network’s Smart Distribution Layer (SDR) so that their resources can be used to boost mining power.
Edain is the first project to be developed using Xiden. It’s an AI-powered knowledge generation ecosystem which provides equal access and actionable information. This ecosystem has two sentiment analysis apps. These applications integrate multiple indicators to analyze market projects: Decision Point Crypto (analyzing CMC TOP 100 tokens), and Decision Point (analyzing SP500 constituents).
CryptoDATA encourages the digitization of tech projects through the XIDEN Project. It invites developers and users to make their projects on Xiden to help meet as many people as possible.
Xiden’s major advantage is that it combines the Internet of Things with blockchain technology to offer a significantly powerful protocol that enables the integration of smart devices. With this blockchain, users can integrate smart equipment to perform multiple tasks and get paid with XDEN, Xiden’s native token. XDEN initially was listed for $0.30. However, the price quickly soared to $60.21. Now, it is around $35. As can be seen in CMC.
Xiden was designed so each participant in the network has an active role. They also help other participants. Participants benefit from the many benefits and features offered by Xiden, including rewards and free internet access when they are within the vicinity of an Minter Guardian router registered in the system.
Ovidiu Thomasa is the Co-founder and Chief Executive Officer at CryptoDATA Tech. “At CryptoDATA, we develop high-performance technologies and services based on blockchain attributes to bring tomorrow’s technology today. We are thrilled to announce our partnership with Dorna Sports, the Romanian company that will take over Grand Prix title sponsorship. We agree with their dedication to innovation. As blockchain technology has the highest applicability and transparency, we hope to prove that it can be used in many other areas than just motorsport. This being said, technology and innovation are at the core of what we do, which strategically aligns with the sport of racing, and together we will create amazing experiences at the intersection of digital technologies and MotoGP.”
CryptoDATA Tech
CryptoDATA Tech acts as a global ambassador in promoting data security and privacy. It is a pioneer in the creation of products and services that use blockchain technology to enable secure and private communication between users. CryptoDATA Tech, founded on the idea of digital privacy discovery, provides travel users with cyber solutions that are free from restrictions. They provide devices and software to enhance digital security.
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