The next step of Bubbletone is to eliminate international roaming by launching an infrastructure platform based on Blockchain for the telecommunications market.
Bubbletone, the creator of Bubbletone Blockchain in telecommunications, is partnering with mobile virtual network operator Allo Incognito to offer greater connectivity to its customers. Bubbletone is introducing several improvements to its mobile messaging application, which includes, in the future, Blockchain components to power the advanced call management capabilities of Allo Incognito.
With the integration of Bubbletone, mobile subscribers will have a greater selection of affordable plans, especially when traveling internationally.
Bubbletone's robust messaging application was developed for the needs of mobile operators and their subscribers, expanding connectivity and providing tools to increase customer loyalty. It is designed to provide a secure connection with end-to-end encryption, video conferencing, voice calls and intelligent functions such as scheduled messages and protected chats that disappear.
The next step of Bubbletone is to eliminate international roaming by launching an infrastructure platform based on Blockchain for the telecommunications market. A user traveling abroad can open the application and choose from a selection of plans in local networks at local prices, which are much lower than the usual roaming rates. The user then pays for the plan and upon arrival abroad becomes a local subscriber of a foreign mobile service provider, without having to change SIM cards or phone numbers.
"Mobile operators can achieve profitable growth with the Bubbletone messaging application," says Bubbletone founder Yury Morozov. "It helps reduce costs and increase traffic. By expanding service coverage, Bubbletone allows revenue to be generated in scenarios where operators would normally lose money. " In addition, with the addition of the Blockchain component, mobile operators will gain a new revenue channel by offering a series of value-added service packages for their local subscriber base through the application.
The telecommunications Blockchain integrated with the BubbleTone mobile application will be exhibited at the Mobile World Congress in Barcelona at the end of February 2018. It will securely identify customers through digital identities and use smart contracts to complete transactions. The Blockchain makes possible a high speed of data processing, allowing procedures such as the purchase of the service package to be quick and simple. "Building a chain of blocks for the telecommunications infrastructure is a demanding task, but it is worthwhile that efforts are a much less expensive solution than roaming with traditional telecommunications," says Morozov.
More and more operators will join and use Bubbletone as their native application for subscriber marketing and coverage extension. Currently, the negotiations are carried out with a group of mobile telephony operators that collectively serve more than 20 million subscribers.
Bubbletone is preparing for its Initial Cryptocurrency Offer (ICO) to develop and commercialize this innovative system. During the public offering of currencies, UMT tokens will be sold: they enable smart contracts to carry out transactions on the platform and will also be used to fill the balance of the account in order to pay for telecommunications and value-added services. The pre-ICO has already started on January 20, 2018 and the public ICO will begin on March 20, 2018.
For more information about the project, you can visit www.bubbletone.io.
DailyBitcoin article based on Bubbletone press release
Image courtesy of Bubbletone
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