The telecommunications industry within the sector of information and communication technology is made up of all Telecommunications/telephone companies and internet service providers and plays the crucial role in the evolution of mobile communications and the information society.
The telecommunication industry is fast developing but it however has it flaws and merits. A whole lots of development has been recorded in the past years because before now communicating use to be a sacred thing but now people can from the comfort of their homes send information and communicate with very minimal fee.
One of the major factor that help in this development is the availability of different telecommunication companies. These companies thrive on their own to be better than their counterpart thus making the development of the industry a fast growing one.
However there is still room for more and more development in this sector. To therefore ensure long term growth and sustainability, the sector needs to focus more on innovative business practices by investing their assets in more creative services that focus primarily on meeting consumer needs and establish a regulated minimum market price. These will create new streams of income for operators and mitigate the decline in their traditional revenues.
PROBLEM IN THE TELECOMMUNICATION INDUSTRY
Presently, most of mobile operators around the world provide their customers only postpaid plans under a 12 or 24 month contract with strict conditions, which often include unlimited national calls and traffic, but still do not offer the clients either cheap international roaming or value added services. This form part of the problem in the industry. Also each mobile operator offers their customer a SIM (subscriber identification module) card which in most cases can be used in the country where it is offered OR in the case where it can be used in other country it can only be credited with the mobile operator’s airtime/ voucher (a bond of redeemable transaction type which is worth a certain monetary value and which may be spent only for specific reasons or on specific goods). This service become limited sometimes becomes inaccessible in a situation where one is new in a country and does not know his/her way around to get an airtime/voucher card for a particular mobile operator.
THE MIRACLE TELE
Having identified the problems in the telecommunication industry, the MIRACLE TELE aim to solve the problems by creating the #MiracleTele blockchain mobile data and airtime marketplace which will connect hundreds of thousands of customers with dozens of local mobile operators that provide cheaper and high-quality services.
This way the customers will be able to enjoy reduced rates and cutting-edge value added tools and receive token holder rewards thanks to blockchain technology and collaborative economy.
With the MIRACLE TELE SIM(subscriber identification module) card you can travel to any part of the world and can switched to any local mobile operator’s SIM without having to go through the difficult task of changing numbers or getting a new mobile operator’s SIM. The MIRACLE TELE blockchain is built on the ethereum based solution such as plama and Sharding technologies or Graphene protocol. It’ll allow for a massive improvement in scalability and throughout of transactions and result in almost non-existent transaction fees, transaction approval times, and energy consumption if compared to Bitcoin blockchain or standard Ethereum blockchain.
The TELE tokens
The TELE #token can be either purchased or received as token holder rewards and can be used as payments for #MiracleTele telecom services as well as any other mobile operator in the world, therefore helping to decrease the cost of airtime and traffic for our customers even more. The TELE #token is an ERC 20 ethereum based token.
#MiracleTele #token #cryptocurrency
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