Bubbletone ICO: A Decentralized Telecommunication Ecosystem
Bubbletone Blockchain is a project that was designed to develop a direct relationship between the subscribers, mobile operators and online services by the use of latest technologies and via smart contracts, thereby providing an alternative cost-effective service as opposed to very expensive international roaming.
What is Bubbletone?
Earlier international mobile roaming used to be a very expensive telecom business, which a very few mobile companies could afford. Due to its cost structure, the subscribers using the service have to bear its expenses. The Bubbletone Blockchain enables a platform, which provides smart contracts to enable payments between subscribers and telecom service providers with no prearranged financial obligations. The project is led by a team of highly competent and experienced professionals. The Bubbletone ecosystem also provides a feature called “GSM Standard” by which a subscriber can download the mobile profile of a foreign operator directly to his existing SIM card and retain the home number as well.
How does it works?
The main aim of the project was to reduce the cost of roaming thereby providing a stable connection to the users. With Bubbletone Blockchain, any mobile carrier can publish their offers through smart contracts. Travellers no more have to change their SIM cards, but can retain their home numbers as well. It provides “offers”, which are visible to all mobile operators and subscribers. The subscriber has to select an “offer” in the “Bubbletone Messenger”. By doing so, a “request smart offer” is created with the digital identity and payment transaction of the subscriber. On successful transaction the visiting country SIM profile is downloaded into the home SIM profile of the user and a local identity of the visiting country is created without actually changing the local SIM number. Therefore, it benefits the customer by using local call and data of the visiting country without changing his original home number.
Some Advantages of Bubbletone Blockchain:
- Hassle-free travel for travellers. No more changing of SIM cards or phone numbers. Travellers can now travel worldwide using their home numbers.
- Travellers can make calls utilizing the tariff plan of the local operators and become legitimate local customers of the visiting country.
- A common platform for the small and medium telecom operators to compete with large business operators on the same platform.
- This service also provides a messenger with advance features.
- This is a potential global market for international roaming services.
- There are smart contracts through which any mobile carrier can publish prepaid plans on Blockchain which are visible to subscribers worldwide.
Impact of Bubbletone Blockchain on the Global Market:
- The larger service providers and operators may find it difficult to accept the technology at first and there will be a competition between the larger market players and the potentially small service providers.
- Intermediaries will be eliminated due to smart contracts.
- Reduces the cost of mobile services substantially for both the users and telecom operators.
- All interactions are now conducted via a decentralized network.
- Facilitates transfer of cryptocurrency or fiat money directly to the subscribers.
The project Bubbletone Blockchain aims to target the global market of roaming services. The project is implemented and supervised by a highly competent and experienced team. There will be a significant reduction in the price of communication and internet services during travel thereby replacing the very old-fashioned roaming services. Now all telecom operators even the small and medium service providers can be actual owners of the platform with very low operational cost. Furthermore, due to the implementation of Graphene source code, the transaction speed is very fast and the cost of computing is also very low. If successful, Bubbletone will revolutionize the entire telecom industry.
Bubbletone ICO details:
- Token: UMT
- Price: 1 ETH=1000 UMT
- Accepting: BTC, LTC, XRP, BCH, DASH, ETC, ETH, USDT, Fiat
- Hard cap: 35,000
- Country: Russia