In 1973, a researcher and Executive in Motorola invented the first mobile phone, in those days, nobody really took it seriously but eventually, mobile phones has gradually evolved to what it is now, our phone number has almost become as important as our identity, mobile phones has made it easy for us to communicate with long distance friends, families and business associates, Infact it has gotten to a stage that staying one day without your phone could lead to loss of opportunity because it is now the primary mode of communication, For example, Imagine that you are a business Executive who made a business trip out of his country and because your local network would not work abroad, you had to drop your sim card and you are unrechable for a while, in that time where nobody could contact you, a contract you have been lobbying for was finally approved and there was no way to contact you so that you could sign the neccessary documents or contact somebody who can do it on your behalf. Business men around the world dread travelling out of their countries for this very reason, because most times, it feels like you are being cut off from your business interests, This is a delimma many travellers has to go through and most times, even if they want to swap sims in the country they visit, they have to go throuhh a rigorous and time consuming KYC process. To make matters worse, you have to repeat this process anytime you travel.
Have you ever wished there was a way to connect local networks worldwide so that whenever you travel, you wont need to change your sim card or phone number? Have you been searching for a way to eliminate international roaming charges? If your answer to these questions is yes, i am pleased to introduce you to Bubbletone.
What Is Bubbletone?
Put quiet simply, Bubbletone is a platform that brings blockchain to telecommunication. Blockchain technology has been hailed as the next big thing after the invention of the internet. Blockchain is a transparent, distributed ledger that can record P2P transactions in an open way, it allows digital data to be distributed but not copied, A blockchain is managed by a P2P network that all adheres to a protocol for inter-node communication and validating new blocks. Once data is recorded in any given block, it cannot be changed unless you change it in all subsequent blocks, which requires the cooperation of the whole network. A blockchain is inherently resistant to modification of the data. Just like a mobile phone, you don't really need to understand how it works to use it.
Bubbletone. is a mobile operator in Europe with over 20 years in telecom that aims to use blockchain technology to directly connect mobile network operators and users globally on their blockchain-based marketplace. This technology would enable international travellers to legitimately use their home sims and phone number even in a foreign country and still pay the normal local rates, No more International Roaming!.
The Bubbletone marketplace would enable network providers to publish prepaid plans as smart contracts on BubbleTone Blockchain. Because blockchain fundamentally promotes transparency, the offer would be visible to everyone(Both other network providers and their subscribers) . When a subscriber selects offer, a new smart contract is created with the subscriber's digital identity and payments can be transacted directly to the foreign operator. With Bubbletone, you can easily switch between carriers no matter your Location.
The Beta version of the Bubbletone. mobile app is already available in both Google PlayStore & The Apple App Store, The app enables users to access the Bubbletone. Marketplace and it would also feature a powerful messenging & lifestyle app customizable for operators' needs and content delivery.
All fees in the Bubbletone Ecosystem would be charged in the Bubbletone Token (UMT = Universal Mobile Token), it would be used in smart contracts to perform transactions. It can be used to top up user balance to pay for telecom services. The UMT is presently being offered in a tokensale, the details are:
Note- Presently, The UMT is an ERC-20 token with a total supply of 1,000,000,000 and 50% of the total supply is being offered in the tokensale, All Unsold Tokens Would Be Burned
Key Team
Developers and IT engineers team
ADVISORS
CONCLUSION
Starting from the core team, they are professionals with 20 years experience in telecom and there are also blockchain specialists and lots of engineers and IT guys. The platform also has an already working prototype/MVP and with great advisors as well who are not just experienced in crypto-commerce, but also professionals from big telecom companies, this project also solves a real life problem.
If you want to find out more about this project, i have added some helpful links below
Website: https://bubbletone.io
Whitepaper: https://bubbletone.io/BubbleTone_Whitepaper_ENG-Jan18.pdf
Github: https://github.com/Clementvale-LTD
Blog: https://medium.com/@bubbletone
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3075196
Social Media
Twitter: https://twitter.com/bubbletone_eng
Facebook: https://www.facebook.com/BubbleTone-Eng-836837033150145/
YouTube: https://www.youtube.com/channel/UCm2tpPPC5umXhBNufFmiw3g?guided_help_flow=3
You can also interact with members of the community in the Telegram Group
Writer: Collinberg
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1532780;sa=account
I think they have a working product
From the records stated on your article, I cannot agree less that this project has got the right team. Lovely and articulate presentation.
Good pieces
I really fancy the history u added to this write-up.The bubletone project is worth investing every penny
Yes it does! I did extensive research and they are worth the investment.
Does this project have a competitive advantage
The fact is.. There is no competition! Who wants to compete with a company that already has 20 yrs experience?
I have seen projects with great vision but didnt end well. I'm believing this project will be different
It would be different, this one solves a real life problem and the team is super solid.
Beautiful write up . Any idea on on the tokenomics ?
It's included in the article.
Great concept but does BubbleTone already have any alliance with mobile operators in any country yet?
Yes, they already do. But the idea behind it is to decentralise the procedure.
Really good