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Phunware Announces 2019 Phun Ecosystem Deliveries and 2020 Roadmap
Milestones and Releases Achieved Set Foundation for Commercial Launch AUSTIN, Texas--(BUSINESS WIRE)-- Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a
About this update from Phunware, Inc.
[{"type":"text","content":"\nMilestones and Releases Achieved Set Foundation for Commercial Launch\n\n AUSTIN, Texas--(BUSINESS WIRE)--\nPhunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, today announced completed 2019 milestones and releases for its Phun Ecosystem, including the Company’s 2020 roadmap for commercial launch.\n\n\nThis dual-token economy both empowers consumers and reimagines how brands engage with their audiences by creating a mobile loyalty ecosystem that recognizes the value of data and engagement.\n\n\n“We continue to push ahead with our vision of a future in which consumers own, control and are rewarded for the use of their personal data and information,” said Matt Lindenberger, EVP of Product and Engineering at Phunware. “To that end, last year we laid the technical foundations of our ecosystem, including critical elements such as self-sovereign identity, customer facing iOS and Android wallet applications, data management and digital asset / blockchain interfaces and the integration of these capabilities into our blockchain-enabled data exchange. We intend to continue this momentum and investment throughout the first half of 2020, culminating in a full commercial launch of our ecosystem later this year.”\n\n\nEcosystem milestones and releases completed in 2019 include:\n\n\n\nConsumer facing iOS and Android mobile wallet applications capable of managing digital identity and profile management, personal data management and digital asset (token) capabilities.\n\n\nIntegration of a self-sovereign identity solution for issuing and validating signed digital credentials, the first of which consists of Know Your Customer (KYC) credentials containing validated information from the KYC process.\n\n\nImplementation of a Hierarchical Deterministic (HD) wallet capability compatible with BIP 32 / 39 / 44 key management techniques.\n\n\nInteroperability of digital assets and the HD wallet implementation for both Ethereum and Stellar blockchain based digital assets (tokens).\n\n\nBackend administration and processing tools for governance, management and approval of digital asset rewards generated via data usage in the data exchange.\n\n\nManagement and accrual of promotional token balances available to end users prior to j...