AI company DataVault obtains SyncIN Tech to progress web3 transactional services
In a groundbreaking move, DataVault AI Inc. has acquired SyncIN technology from Turner Global Media, LLC. This acquisition has significant potential implications for integrating blockchain-based payment capabilities into traditional media and retail environments.
SyncIN uses inaudible tone mobile quick response codes embedded in broadcasts, enabling stablecoin transactions via Web 3.0 Crypto Anchors through audio media such as TV and radio. This creates a new channel for blockchain-driven payments directly connected with traditional media consumption.
The integration of SyncIN technology could transform how consumers interact with content and complete digital transactions. By leveraging this technology, consumers can perform blockchain transactions seamlessly via audio in TV, radio, and retail settings without disrupting user experience.
The acquisition offers a vast consumer base, with SyncIN technology currently reaching approximately 90% of U.S. households and 240 million monthly listeners. This opens a massive gateway for blockchain payments within conventional media channels and retail environments.
DataVault AI plans to pursue between 10 and 15 licensing agreements to commercialize the SyncIN technology. The company targets the $700 billion advertising market and forecasts $40-50 million in revenue for 2026, highlighting commercial scalability for blockchain payment adoption in traditional sectors.
Moreover, the SyncIN system has the potential to be embedded within mainstream media and retail environments, potentially setting the stage for broader adoption of blockchain-powered financial services. The technology can engage up to 140 million weekly shoppers in retail settings and connect with a similar number of annual visitors across hospitality venues.
The SyncIN integration aligns with upcoming U.S. legislative frameworks, such as the Genius Act and the Stable Coin Act. This strategic move positions DataVault AI advantageously within the growing blockchain market.
However, DataVault AI's financial health metrics remain weak, according to independent analysis from InvestingPro. The company is facing difficulties in executing its ambitious expansion plans without addressing underlying financial challenges.
Despite these challenges, DataVault AI is leaning heavily into innovation as a pathway to overcome financial headwinds. The collaboration with the U.S. Department of Energy's Brookhaven National Laboratory on a machine learning project aimed at optimizing biofuel crop development further underscores the company's commitment to innovation.
In conclusion, the SyncIN acquisition represents a bold step in DataVault AI's attempt to redefine how consumers interact with content and complete digital transactions. By bridging crypto technology with legacy commerce infrastructures, the integration has the potential to transform how blockchain payments are embedded in traditional media and retail, driving consumer adoption through familiar channels and creating new revenue streams for advertisers and retailers via seamless Web 3.0-enabled transactions.
[1] DataVault AI Press Release, "DataVault AI Acquires SyncIN Technology from Turner Global Media, LLC", link [2] InvestingPro Analysis, "DataVault AI: A Closer Look at the Financial Health", link [3] Brookhaven National Laboratory Press Release, "DataVault AI Collaborates with Brookhaven National Laboratory on Machine Learning Project", link
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