The Grand Prix of Red Bull Ring – Spielberg, will be formally known as the CryptoDATA Motorrad Grand Prix von Osterreich, as CryptoDATA Tech will take top billing at the Grand Prix as a title sponsor, as per a press release by MotoGP on July 25. In particular, the crypto tech firm offers products and services with distinctive cybersecurity characteristics suitable in a variety of fields owing to the integrated features based on blockchain tech and encryption while also being eco-friendly. Co-founder and Chief Executive Officer of CryptoDATA Tech, Ovidiu Toma, said:  He added: 

‘Perfect partnership’ between two innovators

Notably, Cryptodata Tech caters not only to the requirements of its business partners but also to those of users of technology all over the globe by developing individualized products. Chief Commercial Officer at Dorna Sports, Manel Arroyo, who announced the move together with CryptoDATA, noted that because MotoGP is founded on development and innovation, the collaboration is well suited to the sport.  Given that CryptoDATA Tech protects personal information and digital privacy on a global scale using blockchain technology, it enables private and secure communication between users and, consequently, amongst motorsport fans.