Fun

FTSE 100 Company, Entain, Deploys Syntropy to Improve Global Network Performance

News Feed - 2022-04-08 02:04:59

FTSE 100 Company, Entain, Deploys Syntropy to Improve Global Network Performance press release


PRESS RELEASE.PALO ALTO – April 7th, 2022— Syntropy, a transformative Web3 connectivity company, announces its new customer – the sports betting and gaming giant, Entain. The FTSE 100 company is leveraging Syntropy’s global relay network with its decentralized autonomous routing protocol (DARP) to connect the company’s data centers across the globe. Syntropy’s technology reduces latency and packet loss, improving the overall performance and reliability of Entain’s network for its core offering as well as its future expansion into the metaverse with Ennovate Labs.


The Syntropy Relay Network runs on top of the public internet and is fully programmable. This global digital fabric creates a network of networks composed of the best-connected ISPs, clouds, data centers, and devices, ensuring the best possible performance and security. Syntropy’s blockchain-based technology solves the fundamental issues with the internet.


“With many exciting Web3 and metaverse projects in the making, we have to face the fact that the current internet infrastructure and routing protocol was not designed for performance optimization which is a fundamental requirement to make digitally immersive experiences a reality. Syntropy’s open, decentralized technology overcomes this technological roadblock,” said Domas Povilauskas, CEO at Syntropy. “Entain’s forward-looking networking team recognized the need for a Web3-ready connectivity system as they move into entertainment in the metaverse and NFTs.”


Prior to deployment, Entain conducted a technical proof of concept (PoC), revealing that the default internet path suffered a substantial latency increase with spikes over 1500ms for 35 minutes, which rendered the connection unusable. Without any human intervention, Syntropy’s DARP technology immediately detected the performance problem and switched to an alternative, best-performing path immediately.


“Due to the success of the technical PoC with Syntropy’s technology, Entain decided to become a customer and is already planning a rollout across the rest of its global footprint, including its 40+ geographically dispersed private data centers,” says Domas Povilauskas, CEO at Syntropy. “We are thrilled to be a partner and support their expansion into the metaverse.”


Entain’s success with Syntropy Relay Network shows how the technology can easily be deployed by an enterprise network and managed through Syntropy Stack. This collection of tools and libraries enables enterprises to seamlessly create, automate, scale, and optimize encrypted connections between any devices or services running on a cloud, on-premise, or edge location. Leveraging the encryption layer of Syntropy Stack, Syntropy Relay Network introduces a crucial layer of programmability with enhanced encryption-based security that is critical for enterprise adoption.


According to Markus Röglsperger, Head of Network, Datacenter, and Infrastructure Automation, Entain, “Syntropy’s segment-routing approach goes beyond the scope of traditional SD-WAN solutions and perfectly fits to our strategy to connect all Entain’s worldwide distributed sites only over the internet. Instead of relying on Internet Service Providers where Entain must give up control once a packet leaves the private network, Syntropy’s Relay Network continues to optimize Entain’s traffic while in transit all the way to the destination. This not only significantly reduces packet-loss and round-trip-times, but also saves a lot of time previously spent on troubleshooting issues between various service providers.”


“It is exciting to see the critical data routing protocol that will enable Web3 being used to drive better customer experiences in a live enterprise scenario”, said Shawn Hakl, former SVP Business Product at Verizon and advisor to Syntropy. “The implementation of Syntropy’s blockchain-based technology at Entain demonstrates the evolution of enterprise networking to deliver a dynamic, decentralized network topology.


Learn more about Syntropy by visiting, https://www.syntropynet.com/


About Syntropy


Syntropy is a transformative, user-centric connectivity system that meets the voracious network demands of Web3. It is designed to solve issues prevalent in the current internet framework, including performance, privacy, governance, and ineffective resource utilization. Syntropy utilizes a combination of innovative technologies, including blockchain, encryption, performance routing, and an economic model that enables and fosters the creation of a more reliable, secure and faster-performing internet experience for all. To learn more visit www.syntropynet.com


Media Contacts


Kevin Gavin


Syntropy


Tel: 510 910-5191


Email: kevin@syntropynet.com


Gina Jacobs


Syntropy


Email: gina@syntropynet.com


 


  Tags in this story Entain, Syntropy


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Bitcoin.com Media


Bitcoin.com is the premier source for everything crypto-related. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. National Bank of Georgia to Regulate Country’s Crypto Sector REGULATION | 39 mins ago MMA Entertainment Giant UFC to Pay Fighters Bitcoin Bonuses NEWS | 3 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleCould the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102 Next articleDeFiChain Adds New Intel, Disney, MicroStrategy and More dTokens More Popular NewsIn Case You Missed ItUS Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool


U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC ... read more.Indian Government Consulting With IMF, World Bank on Crypto Policy Bandai Namco Announces Gundam Themed Metaverse India"s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency

News Feed

New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos
New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project
Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?
Marcel Pechman3 hours agoBitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current pric
Elisha Owusu Akyaw10 hours agoHashing It Out: A conversation about spot Bitcoin ETFs and decentralized ETFsJoel Kuck, CEO of Decentralized ETF, believes that “the big money will come when the institutions come” after
Donald Trump floats making Elon Musk a Cabinet member
Turner Wright7 hours agoDonald Trump floats making Elon Musk a Cabinet memberAfter a public endorsement from the Tesla CEO and an X Spaces discussion, Donald Trump said he would consider placing Elon Musk in a Cabinet po
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters
JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge
JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge Global investment bank JPMorgan says institutional investors are returning to bitcoin, s
Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
AMD hardware accelerators to support blockchain interoperability
Savannah Fortis10 hours agoAMD hardware accelerators to support blockchain interoperabilityAMD partners with the Wormhole ecosystem to integrate enterprise-grade hardware accelerators into the Web3 space, facilitating bl
Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion
Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020,
UK regulator scrutinizes Big Tech's role in AI industry
Savannah Fortis10 hours agoUK regulator scrutinizes Big Tech"s role in AI industryRegulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition an
Solana Market Cap Surpasses $100 Billion, Setting Up SOL For Potential ATH Rally
Este artículo también está disponible en español. Solana (SOL) recently saw its market cap surge past $100 billion, setting the stage for a potential all-time high (ATH)
Bitcoin Traders Patiently Wait for ‘Uptober’ — Historical Prices Show BTC Gained 10 out of 13 Octobers
Bitcoin Traders Patiently Wait for "Uptober" — Historical Prices Show BTC Gained 10 out of 13 Octobers In recent times bitcoin’s volatility has been the lowest it’s