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Bubbletone is a decentralized platform that will bridge the direct interaction between mobile network operators, phone users, and service providers in smart contract networks. Is this a new global network provider?
Bubbletone is a blockchain startup that is building a decentralized telecom ecosystem to connect end consumers and telcos directly. In layman terms, Bubbletone is looking to eliminate the bottlenecks in today’s data roaming standards by using the blockchain to allow users to make calls at extremely low costs and at the same time, dramatically lower the fees for data roaming all across the world.
Bubbletone is not only aiming to benefit consumers; telcos and service providers can also use the platform’s features to expand their network and reach globally without having to go through costly and complicated processes in today’s network integration architecture.
Simply put, Bubbletone aims to put a stop or at least cut down on the issues prevalent in the modern telecommunications industry.Bubbletone is a blockchain startup that is building a decentralized telecom ecosystem to connect end consumers and telcos directly. In layman terms, Bubbletone is looking to eliminate the bottlenecks in today’s data roaming standards by using the blockchain to allow users to make calls at extremely low costs and at the same time, dramatically lower the fees for data roaming all across the world.
Bubbletone is not only aiming to benefit consumers; telcos and service providers can also use the platform’s features to expand their network and reach globally without having to go through costly and complicated processes in today’s network integration architecture.
Simply put, Bubbletone aims to put a stop or at least cut down on the issues prevalent in the modern telecommunications industry.
As mentioned earlier, the entire basis of Bubbletone is to directly connect mobile network operators and end consumers on the platform’s blockchain-based marketplace.
To begin, any mobile carrier across the world can offer their own prepaid tariff plans on Bubbletone as smart contracts; these offers are aptly named “Offers” and are visible to all operators and users of the Bubbletone platform.
Whenever an offer is selected, a “Request” smart contract will be created to process the request. The smart contract contains the identity of the user who requested as well as payment information in regards to the offer.
Once the mobile carrier receives a request for their offer, they will identify the user who requested, accept the payment from the smart request, and then begin to service the user who now has access to the carrier’s services.
Bubbletone also allows non-mobile carriers such as cloud TV companies or music streaming services to use Bubbletone as a way to offer subscriptions to users.
Transactions in Bubbletone are done with the Universal Mobile Token (UMT) token, the platform’s official cryptocurrency. UMT tokens are used to pay for telco services in Bubbletone and they are also used as payments for sending messages or making calls in the Bubbletone messenger app.
