BUBBLETONE: RECORD-BREAKING BLOCKCHAIN TELECOM GIANT

in #blockchain6 years ago (edited)

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INTRODUCTION
It's old news to overemphasize that communication is extremely vital to human existence and survival. It is more like the invincible bond we share among ourselves and in our daily life as humans. In a bid to sustain a perfect and convenient mode of communication that is efficient and laudable, man has evolved many modes of communication from time immemorial. Such mediums include the use of a messenger, the use of post offices, telegraphs, faxes, etc and now the most recent development of communication which has proven to surpass all the old mediums is telecommunication.

The telecommunication industry is one that cannot be dispensed with in our current dispensation. It is the basic medium through which people in our contemporary time communicate. The industry has following from this assertion, been a very successful and profitable sector of income generation in our world today. However, as is the case with every new invention there would always be some form of drawbacks or problems associated with its efficiency.

In the light of all these problems, some few projects have been initiated to quell and put an end to the many problems existing in the world of telecommunication. Among all these projects,, the most outstanding of them all, which is also the first of its kind in the world is Bubbletone. This is a project that seeks to bring the use of blockchain in telecommunication so as to make for a perfectly transparent system or mode of transaction in the world of telecommunication, as well as to establish the most effective system that would be accepted by all and sundry.

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PROBLEMS THAT EXIST IN THE TELECOMMUNICATIONS SECTOR
The telecommunication industry is one that has far reaching effect in our contemporary society and as such has very popular and wide support from people, be it users on the platform or observers on the background. This is so because of the role communication plays in our contemporary time. However, the scope of the field of telecommunication is not entirely a perfect one as there are some basic problems that are to be encountered while making use of the platform, some of the problems may include the following elaborated on the paragraphs below:

The lack of communication between the user, the service provider and the mobile network operator. In most cases none of the three ever have any direct contact or communication because they just feel it is business as usual without any need to follow-up and check feedbacks on how the user finds the product or service provided to him, this makes them do whatever they feel is right and not be accountable to a large extent to their users.
The use of such services is most often than not very expensive for an average user. Most especially when the person is roaming i.e using the network outside the geographical area where the network provider is, the charges are very exorbitant and mostly uncalled for, this makes the user to be discouraged from using his network in foreign lands. It also leads to the upsurge of fear for the loss of contact details that may exist in the old SIM cards he's been forced to change or dispense , when he , she he or she travels out. This does not make for a cost effective use of mobile networks.

Most people when they go out of their geographical area where a particular network exists, have to buy new sim cards and register in that new country before they can have access to such information and services available to users on such platforms.

All these problems are basically summed up as dividends of a centralized Telecommunication Industry. This is so because the people into such businesses are few and very few out of them are owned by the government, thus making for the lack of control over the system. This makes the system to be capable of being run by the wills and caprices of any individual who owns such a company. This leads to an abuse of such power given to the service provider and a growing of a system that is basically out of control, geared towards money making without any reciprocity from the consumer as to service satisfaction.

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HOW DOES BUBBLETONE REMEDY THESE PROBLEMS?
Bubbletone, a mind-blowin,g mind-blowing project initiated by a company located in Russia. The team has years of experience and they seek to provide to the world an efficient telecommunication system that would bring with it very nice deals and terms of service provision and delivery. This is fine to basically both international and intranational communication.

The first aspect that Bubbletone seeks to change about the old order of telecommunication system is the level of communication between the service provider, the network provider and the user. It brings this parties closer to each other and makes it possible for them to effectively negotiate contractual terms that would be beneficial to both parties on the long run. In doing this, the Bubbletone platform invariably makes the service delivery system to be up to date and for the people who provide such services to be always on their feet and accountable for all the things they do in the course of providing this services to a user of the network. This makes for an efficient feedback system that would make for a positive growth in the workings of the telecommunication system.

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The Bubbletone platform also employs the use of a new and very unique messenger platform that brings about many innovative applications of a telecommunication provider that did not exist prior to now on any telecommunication platform and value added services for the user at his own discretion. This means that a user can customize the kind of information displayed to him on the platform. The messenger is packed full with amazing communication features that makes the platform of the telecommunication industry very user friendly and an enjoyable exercise.

The cost of roaming services while on the platform is greatly reduced and this makes for the provision of a cost-effective system of service delivery in the telecommunication industry. The platform makes for users to be comfortable anywhere in the world using the network. It establishes a worldwide broadband system or network that can simultaneously work with other networks in different countries.
The users do not have to get new Sim cards when they get to a new country or identify with the network providers or operators because the platform would have already taken care of of this for them. It makes the use of telecommunication system very easy and stressless. Users can use the UMT token which is widely supported for use on the platform to buy airtime or data in any country they find themselves. This means saving money based on the difference in exchange rates of countries in fiat currencies. The user here is granted a direct access to any local mobile network whenever he is travelling and also the capability to buy or subscribe to services directly from global value-added service providers.

The level of decentralization on the platform is unparalleled as this is evidenced greatly in how the system works. Local mobile operators can go global at any given point in time as the user travels far and wide and keeps making use of the roaming service available at a great price made available by the Bubbletone platform. This process of globalization is not complex and it is devoid of any intense network Integration exercise.

The platform in the course of globalizing all network services that can be found in the world makes provision for a system that grants network providers a full and direct access to the international Telecommunication Market, this opens the floodgates for the patronage from millions of telecommunication users all over the world. In doing all this, the platform seeks to maximize the profit made by network providers from the ordinary dealings of their trade. This is a factor not to be trifled with. No one would use a platform that does not reward him/her. In this light, the Bubbletone Team makes sure that all her users enjoy an amazing level of discounts while using the system and this is an incentive for users to keep using the platform, it then increases the profit made by Telecommunications network providers and mobile network operators most especially by the wide spread distribution of value-added services on such platforms and finally rewards the initiators of this platform i.e Bubbletone team. By the end of the day , , everybody wins on the platform.

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The platform now brings about the introduction of the use of blockchain technology into the telecommunication industry on the Bubbletone platform. This makes for a transparent system where the security and privacy of people''s transaction is upheld and where all parties to such a smart contract can readily access the data or information of all the transactions they have ever undertaken on the platform. This enhances the trust the user has on the telecommunication system or better still on the Bubbletone platform.

The use of Smart Contracts has gained wide support in our contemporary time and as such the Bubbbletone platform cannot be said to be left out of such arrangements. The platform allows users, service providers, and mobile network operators to interact freely within the established ecosystem and in doing so, new smart contracts are created within the ecosystem. The smart contract system is not complicated as all the user has to do is to offer to accept invitations to thhreat published by any mobile carrier on the mobile app and a new Smart Contract is formed.

The creation of this Smart Contract is what eliminates the need for a user to change his SIM cards on the platform. When a potential subscriber offers to accept terms of any service provider, the necessary details of the user are automatically sent to the foreign operator on the platform making for ease and speedy use of the platform through the mobile App. This Smart Contracts can also be used for transactions on the platform which may comprise the performance of transactions such as topping up the users balance to pay for telecommunication services provided for him.
The team projects that by the year 2020 there would be well over 1,000,000,000 smart contracts formed already in the universe of telecommunication through the use of the platform. This is equally based on their potential market size which has been projected to have over 1,000 small and medium sized operators, over 10,000 online service-providers and 1.3 billion travelers every year. This makes the focus on roaming charges very pertinent among the problems sought to be remedied by the Bubbletone Platform.

BUBBLETONE BLOCKCHAIN ECOSYSTEM PREVIEW:
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UMT TOKEN AND TOKEN SALE DETAILS
The token available for use on the platform is known as the UMT (Universal Media Token) with total supply of 1 billion. The UMT Token goes for 1ETH to 4000UMT or $0.17USD for 1 UMT at ICO. It accepts a wide range of cryptocurrencies for use on the platform when purchasing UMT Tokes ranging from BTC, ETH, also VISA and MasterCard payments. The total number of tokens made available for sale on the platform is 500,000,000. All unsold Tokens would be burned after the crowd sale period. Hard cap is 15 million USD and minimum contribution for ICO is 0.1 ETH.
In my own opinion, considering the awesomeness of the project and solid team behind it, buying in is a cool idea. Act fast because it's selling out really fast.
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TEAM AND ADVISORS
The team and advisors comprise of experienced and devoted intellectuals who are determined to propel the project to greater height and fully attain its goal. Check preview of team members and advisors below:
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CONCLUSION
Bubbletone is a project that makes a difference and being the first of its kind in the world, the project team made no mistake in bringing about very pertinent changes to all the issues that bounded the early telecommunication industry and its users. The project is one that decentralizes the telecommunication industry making it more intensive and value packed.

USEFUL LINKS
Check out the links below to know more about this mind-blowing project. Join the telegram community and follow on various social media.

Website : https://bubbletone.io/
Whitepaper: https://bubbletone.io/BubbleTone_Whitepaper_ENG-Jan18.pdf
Telegram : https://t.me/bubbletone
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3075196
Reddit : https://www.reddit.com/user/bubbletone
Facebook : https://www.facebook.com/BubbleTone-Eng-836837033150145/
Twitter : https://twitter.com/bubbletone_eng

Author's name: Okoye Divine (Deodivine)
Author's bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292

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Believe you can and you're halfway there.

This is a very detailed nice article on bubbletone. Project aim is new to me, do you think the team can deliver this one?

OK thanks. The team is superb, they ain't new in the game of telecommunication , they are very experienced. So YES the team will deliver, they already got many achievements.

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