INTRODUCTION
Using mobile services have always been a big challenge to people traveling from one country to the other. Take for instance, to travel from USA to China, you need to buy a new sim card, register it with service providers and pay for subscription. Thereafter, you have to share your new number to people before they can reach you. All these processes are cumbersome and need something to be done to remedy the situation. What of if we have a system that connects you to your local network from any location in the globe? This will save people a lot of energy, time and money. This is where Bubbletone comes in. Bubbletone plans to be the platform through which users can connect to their respective local services at the same experience and cost without the stress and cost of data roaming. Bubbletone is a real company that have been in the Telecoms business for the past 20 years. The advancement in technology and the advent of the Blockchain technology have prompted the leadership of this company to explore this new ground in Telecoms services. I will first explain the problem with the present mobile services and later explain in detail, how Bubbletone will solve them.
THE PROBLEM
There have been a lot of bottlenecks in international mobile services. Notable among them is roaming services which is very expensive for Telecoms providers and results in exorbitant charges on subscribers. Developing countries are most hit from exceptionally high roaming prices in a market dominated by a few telecom giants. There is also the problem of too many intermediaries to get mobile services across countries. Legislation and local regulations sometimes imposes stringent conditions on users of mobile services abroad and this often results in delays and service denials.
BUBBLETONE SOLUTION
At present, many mobile device manufacturers have attempted to solve this problem through the production of equipment that only work with embedded SIM. The demand for this is increasing and the trend will continue. Bubbletone Blockchain will offer a platform that will enable embedded SIM users to connect their mobile device to a specific network, each user will have the opportunity to choose a network operator and to switch to another operator including the MNP procedure without the involvement of operators and retailers. To implement this process, vendors of mobile devices will just have to connect to Bubbletone blockchain. This is a Global mobile profile (GMP) that is not under the control of any local jurisdiction where mobile service is rendered. It will allow for the creation of a universal product operational throughout the world according to uniform rules.
Bubbletone integrates Blockchain technology which provides direct interaction between end-users, mobile operators and service providers through smart contracts. In this way, it eliminates many intermediaries, reduce cost of international mobile services for users and cost of roaming of roaming technology for mobile providers. This is the new phase of Telecoms.
HOW IT WORK
How it works: any mobile carrier could publish its own prepaid tariff plans (“Offers”) as smart contracts. These Offers are visible to all other operators and their subscribers. By selecting an Offer, a new “Request” smart contract is created, with the Digital Identity of a subscriber and Payment transaction.
As a result, the Offer issuer identifies the user and receives money, and starts servicing the subscriber directly, with local price and high quality. The same business process is available for any non-telecom service provider (like music, TV or cloud services) who is interested in distributing its own Offers among multimillion customer bases of mobile operators. The Blockchain ecosystem consists of a limited number of high performance servers (“Nodes”), which belong to the crypto community. It means that any crypto holder could buy a license to manage the Node, and start earning by processing the smart contracts.
THE BUBBLETONE TOKEN
All transaction within the Bubbletone platform will be done with the Bubbletone token, Universal Mobile Token (UMT). To this end, a total of 420 million token have been created and 50% of this will be available for sale to the public. There will be many benefits of being a token holder as the price is projected to increase exponentially when listed on the exchange and as a result of the massive demand this project will have. To participate in the token sale and be a part of this project, please visit the website whose link will be given at the end of this article not forgetting that there is limited time to purchase this token as the demand is high.
THE TEAM.
This project is championed by a team of people who have been in the Telecoms business for over 20 years. The founder of this project is Yuri Morozov who is the founder of four active Telecoms companies. With him are Sergei Ivanov and Oleg Pravdin who are both key players in the Telecoms business with track record of success.
For more information regarding this project and the token sale, please use the links below:
Website: https://bubbletone.io/
Ann Thread: https://bitcointalk.org/index.php?topic=2662295.0
Whitepaper: http://bubbletone.io/BubbleTone_Whitepaper_29Dec2017.pdf
Telegram: https://t.me/bubbletone_ru
This article was written by
BTT username: nattykio
BTT profile: https://bitcointalk.org/index.php?action=profile;u=1617655