FOMO Pay has signed a Memorandum of Understanding (MoU) with Acentrik, a strategic product of Daimler South East Asia.

Powered by Blockchain Technology, Acentrik is a decentralized data marketplace built for enterprises to exchange and monetize data. By means of stablecoins as a mode of currency on Acentrik, enterprises can now generate revenue from their data, with data sovereignty ensured during transactions. Data assets on the marketplace are not only on automotive data, but across multiple industries.

Acentrik accepts USDC to facilitate transactions between data consumers and providers. With FOMO Pay, Acentrik’s enterprise customers can seamlessly bridge fiat to crypto and vice versa. This solution will satisfy legal requirements and regulations for enterprises, to establish secure digital payments in the Web3 world today.

Now in Enterprise Release, Acentrik is onboarding enterprises to get started on their data monetization journey. Be a user on the data marketplace here <https://acentrik.io/> or get in touch with Acentrik’s team for further information at support-acentrik@mercedes-benz.com.