Bubbletone Blockchain
GLOBAL TELECOM ECOSYSTEM WITHOUT INTERMEDIARIES: SMART CONTRACTS ALLOW
DIRECT INTERACTION BETWEEN MOBILE OPERATORS, SUBSCRIBERS AND SERVICE
PROVIDERS
“Blockchain in Telecom” ecosystem provides direct interaction between
end-users, mobile operators and service-providers via smart contracts.
It eliminates hundreds of intermediators, dramatically reduces costs of
mobile services (up to 10 times while going abroad), and saves years and
millions of $$ on implementation of the oldfashioned and ineffective
roaming technology.
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.
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.
Potential of Bubbletone Blockchain
Mobile device manufacturers have been increasingly producing equipment
that only works with embedded SIM. Latest examples are Apple Watch
Series 3, Gear S2 Classic 3G and others. Growing is the number of
smartphones that have embedded SIM as the main connectivity component or
are equipped with it along with the traditional SIM-cards.
Smart Insights forecasts the sales of eSIM- enabled handsets would total
346 million to 864 million units by 2020. In the near future 100% of
devices will be eSIMenabled. In the IoT segment the pace of eSIM
adoption is even higher. For embedded SIM users, the Bubbletone
blockchain offers an ecosystem where new economic relationships can be
made by connecting mobile devices 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. This approach reduces the costs
of subscriber acquisition, starter kits production and logistics.
As a result of this change, the operators can use new mechanisms to
reduce the price of services for local rates, as compared to selling
physical SIM-cards in retail stores. In the coming 3 to 5 years, the
Bubbletone blockchain will be able to process over 30% of all
connections to mobile networks worldwide. To implement this process,
vendors of mobile devices will just have to connect to Bubbletone
blockchain.
How it works?
Initially, 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 in SDR
tokens. Each transaction has UMT to be processed by Super Nodes. 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 process of creating and executing of smart contracts is
seamless for customers and takes about a minute.
Direct connection to a local operator provides low rates and high LTE
quality, with easy management using Bubbletone mobile app. We’re
planning to issue Global Mobile Profile in 2019 to make mobile devices
connected. This profile will be embedded into devices by vendors, so any
end-user will be able to select required mobile provider at home and
abroad in one click.
Pre-ICO and ICO
Tokens at these stages will be available as follows:
01.02-10.02 – 0.00019 ETH/UMT – Pre-ICO (+31.5% bonus) -Vesting 10% each week -1 ETH min
11.02-20.02 -0.00021 ETH/UMT- Pre-ICO (+20% bonus) -Vesting 10% each week -1 ETH min
20.03-20.05 -0.00025 ETH/UMT –ICO– No vesting -0.1 ETH min
Hard cap: 35 000 ETH
All tokens unsold during crowdsale will be burned. In case Ether crypto
currency rate falls more than 20% of the current rate, the company
reserves the right to increase hard cap accordingly.
Website: https://bubbletone.io
Read more: whitepaper
profile BTT : https://bitcointalk.org/index.php?action=profile;u=1826813
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