Roaming significantly increases the cost of a phone call. It is not surprising that travelers buy sim-cards of local operators, using the usual number only if necessary.
In fact, the use of roaming harms everyone — operators lose customers when they go beyond the coverage of the home network, the subscribers themselves are forced to purchase local sim-cards, refusing to use the usual number. The creation of Bubbletone Blockchain ecosystem solves the difficulties of both users and operators.
Companies that connect to Bubbletone Blockchain will be able to provide their customers with the opportunity to save their phone number, and therefore revenue for incoming and outgoing calls. Subscribers of the messenger Bubbletone who have chosen a tariff plan, local companies will receive service without charge. The operator themselves will provide services (mobile data transmission) to people coming to the region without incurring the cost of their connection.
How It Work
Bubbletone directly connect mobile network operators and end users globally on our blockchain-based marketplace.
With Bubble Tone Blockchain, travelers can swiftly become legitimate local customers of any foreign operator in the country they are traveling to. They don't need to replace their SIM card, and they retain their home number.
What are its benefits?
● Transactions are incontestable. Operations conducted in blockchain are nearly impossible to fake or hide. This factor is important both for operators and their clients.
● Data are safe. An entire blockchain is kept on many nodes within the network, in many copies, so the chance of data loss is extremely low.
● The transaction error rate is minimized, as each action is controlled by a strict code on the operators’ nodes.
● Less traffic is transmitted among operators — all interactions are now conducted via a decentralized p2p network.
● Any additional code the system runs on is void of sensitive information that could be stolen. The only data requiring protection are the private keys of the participants.
● Other benefits of a specific blockchain are given below.
Main drivers
Our main drivers from the start of our project was the participation of regional mobile network operators, as they are the most interested and fast growing market players in countries like Philippines, Thailand, Taiwan, Malaysia, India, and all mobile virtual network operators (MVNO) worldwide. Share of MVNOs in some regions, for example in Europe, exceeds 15 percent and grows annually.
MVNOs’ implications are clear: they want inbound roaming (which is not technically possible without distribution of operators’ profiles) and a fast and affordable tool for enabling inbound roaming for their subscribers on conditions that are more attractive than classic roaming agreements.
Large mobile operators are slow to gain the momentum
We understand that large mobile network operators are slow to gain momentum. However, while discussing our project within the professional community, we see how really interested are the big market players. We are currently holding talks on using the blockchain platform with operators like Telefonica, Orange, Hutchison, Etisalat and others.
Their interest is based on the high demand elasticity. Large mobile network operators get roaming revenue of two types: from their subscribers traveling abroad and from travelers coming to the operators’ coverage area.
Prices for roaming decrease worldwide very slowly
Prices for international roaming decrease worldwide, but this is happening very slowly. With pressure from the regulator in the European Union, prices decreased faster than in other countries. However, even in this case the process was very gradual: first discussion started back in 2004, the law was drafted in 2007, and only in 2017 the prices for travelers became equal across EU countries.
The operators can upload such offers to the blockchain platform to make them available for all to see and purchase. As a result, local operators in these countries will also be motivated to provide their own offers with even lower prices. For example, an operator in the UK has great offers for roaming across Europe.Currently, this operator is generating revenue by servicing only travelers coming to the UK and the subscribers traveling abroad. By uploading and selling the offers for roaming in other European countries, for example, in France or Germany, the operator will be able to generate more revenue. Consequently, major operators in these countries will be motivated to upload to the blockchain even more attractive offers for travelers arriving to their countries.
Token
Token Name : UMT
Type : ERC-20
ICO starts: 20.04.18, 10AM (London time)
Token price: 1 ETH = 4000 UMT
Hard cap: 15 000 000 USD
Accepted currencies: ETH, BTC
Function :
Used in smart contracts to perform transactions.
Can be used to top up user balance to pay for telecom services.
Total Supply: 1 000 000 000 tokens
For sale : 50%
All unsold tokens will be burnt and additional release of tokens will not be possible!
Token Distribution
ROADMAP
Visit Bubbletone
Website : http://bubbletone.io/
Twitter BubbleTone :http://twitter.com/bubbletone_eng
Telegram BubbleTone : http://t.me/bubbletone
White Paper : http://bubbletone.io/BubbleTone_Whitepaper_29Dec2017.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=3075196
Writter
Bitcointalk Username: Kenzio2016
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1999681
ETH Address: 0x152095898a7Aa50a716508f5997790beEdd276Ec