While the others offer tokens merely for trading in the hot market of cryptocurrencies, EncryptoTel offers a different investment with promising project that will give investors real benefits. They have a project that combining blockchain technology and telecommunication services. EncryptoTel is two in one package.
The project they work on is developing encrypted communication to provide secure internet-based communication to consumers. They use encryption based on TLS + RTP secure communication to create secure VoIP communication infrastructure and virtual Private Branch Exchange (PBX). This is a project with a good promise for the future. They have been working for years and already trying the beta. More than 100 local numbers arealready connected.
In order to reach wider consumers, they make the system multiplatform to connect PBX with any modem device from Linux to iOS, from Android SIP to X-Lite. Therefore, any device, desktop or mobile could enjoy secure communication. There would be no need to buy new device just to enjoy the services. It would be more effective and efficient to communicate with people in distance.
While encrypted communication only is not secure enough if you still pay the service via credit card or other bank payment method, they combine the communication infrastructure with blockchain protocols. At first stage of block chain integration, they will use wave digital signature to confirm identity for invoicing. Then, they use cryptocurrencies for the payment.
Most cryptocurrencies are secure and transparent. Moreover, cryptocurrencies are decentralized money that users are the one who decide the value of the currencies. With cryptocurrencies are now hot market, payment using cryptocurrencies could be lower cost.
They will receive many cryptocurrencies available in the market for payment that will available for subscription or pay as you go. For sure, they also have cryptocurrency of their own that would be prioritized for payment. Of course,EncryptoTel cryptocurrency (ETT) owners will get additional benefits for using the cryptocurrencies for payment.
Initial Coin Offering (ICO) for EncryptoTel will be held in spring 2017. They make it possible to buy ETT directly from EncryptoTel interface for the comfort of investors and users. After the ICO, they will decide the future of development plan based on the amount of raised fund.
The budgets on their plan are outlined in three scenarios. First, they will raise $100,000+ to create fully-functional commercial product. Second, they will generate $250,000+ for realization of the real traffic of EncryptoTel. Third, they will generate $1,000,000+ to penetrate international market aggressively.
Due to the nature of blockchain technology, EncryptoTel investment would be clear and transparent. ETT holders will easily see sales and revenues statistics. The revenues given to investors would also include revenues from other payments. The revenues will be distributed on regular basis to investors.
To make it even better, EncryptoTel will give voting rights to ETT holders. It means the investors will have a voice in running the company and advisory vote on key strategic decisions. It will increase the sense of contribution in the company and the will to give more support to grow the company even bigger.
ICO: http://ico.encryptotel.com
Website: http://encryptotel.com
Twitter: https://twitter.com/encryptotel
Slack: https://encryptotel.herokuapp.com/
Bitcointalk: https://bitcointalk.org/index.php?topic=1848180.0
I took a small position in the ICO, love the idea and potential but wonder what "big brother" will do as this stealth type technology could aid the "terrorists".
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