Before the rise of mobile phone technology, sending a message to someone across the world usually required going through a lengthy process of writing or typing letters and sending them via post offices for local or international delivery. Today, we can do more than just send a text message from the convenience of our smartphone and from anywhere in the world. The internet gives us a chance to do so many things with our mobile phones from making a conference call to broadcasting a live video of an event. The growth in the use of mobile traffic is expected to increase exponentially and over 19 exabytes of monthly global mobile traffic data may be achieved according to demographics from Cisco Visual Networking Index forecast for the year 2013 through 2018. This means it is expected that a large percentage of the world’s population will have access to mobile phones and the internet before the year 2018 runs out.
But what is it that will drive people into the mobile phone frenzy?
Instant Messaging Apps. Believe it or not, the sheer number of people making use of instant messaging has tripled in recent years to the point of surpassing voice calls volume and even SMS traffic. WhatsApp, Telegram, WeChat and many more instant messaging apps have attracted a stunning acceptance from the global community as more and more people continue to prefer instant messaging to voice calling.
Why this preference for Instant Messaging?
Many believe that the high cost of making voice calls is an influential factor in their preference for making use of instant messaging. The most affected people in this scenario are travellers or tourists. When you travel from one country to another, your home cellular network gives you the option to switch to roaming. A large percentage of people prefer not to roam because of the underlying costs they would incur from it.
How does BubbleTone help?
First, we need to understand the concept of the eSIM. The eSIM is a new developmental concept of mobile devices having their own embedded SIM. The Gear S2 Classic 3G and Apple Watch Series 3 are significant examples of attempts at giving devices an embedded SIM and this is slowly trickling into the smartphone market by mobile device makers. As a result, it is envisaged that by the year 2020, over 500 million units of eSIM- enabled handsets will be in circulation.
BubbleTone comes into the fray by introducing a brilliant blockchain ecosystem where mobile devices with eSIM feature can connect to a specific network in an excitingly new economic relationship. Partnerships are already being brokered between BubbleTone and mobile network vendors to list on the BubbleTone ecosystem. This is necessary because the process, known as “porting” in my local area, allows users to effectively choose a network operator and switch to another network operator of their choice on the BubbleTone ecosystem without the need for involving network operators or retailers.
Won’t this affect the operations of Network Operators?
On the contrary, this helps network operators save cost on the losses they would normally incur if they had to produce SIM starter kits and the logistics involved in its distribution before it gets to the hands of the users. It is also going to greatly tone down the cost of service providing for customers while also increasing subscriber acquisition as more and more people find it easy to port from one network to another easily.
What can I do to be part of this groundbreaking project?
Like all technological developments, BubbleTone has an exciting roadmap and the potential for a project of this magnitude is endless. To achieve the aim of the project, the team behind it is organizing an Initial Coin Offering (ICO), where investors are welcome to support and invest in the project by purchasing the BubbleTone UMT tokens. The capital received from BubbleTone’s token sale will be used to further the development of the project and the UMT tokens will be listed on a top quality cryptocurrency exchange as written in their roadmap. For more information, you can click on any of these links; website, whitepaper, telegram, twitter, facebook, youtube
Author - Coltpython