Discover boundless telecommunications world with Bubbletone blockchain

About the project

Every day thousands of people take trips abroad for business or leisure. While travelling, people need to stay in touch. The roaming fees are usually high, and can use up the subscriber’s balance in a few moments. That’s why people usually choose to make phone calls and surf the net using wifi connections. But the quality of the wifi connection might not be so good, and it is not available in all places. There is another way, which is to buy a local SIM card, but this means the traveler has to change to a different phone number. Now this problem has been solved. Thanks to the Bubbletone blockchain-based platform, the traveler can make phone calls from other countries with their own SIM card, at the rate of a local operator.

The Bubbletone team says, “We eliminate roaming”. It is the first telecom system that allows mobile network operators, phone users, and service providers to interact directly. Each part gains its profit. The subscriber can make calls and use the internet around the world at the low rates of local operators with a high quality of LTE / LTE + connection and they don’t have to replace their existing SIM card or change their phone number. Any operator can become global with direct access to the international telecom market without complex network integrations and increase the revenue through a distribution of value-added services as well.

How does it work?

Any mobile carrier can publish prepaid plans as smart contracts on Bubbletone Blockchain.
These offers are visible to all other operators and their subscribers.
When a subscriber selects an offer, a new smart contract is created with the subscriber’s digital identity and a payment transaction occurs directly to the foreign operator.

What has been done already?

A beta version of the messenger with a playful name - Bubbletone - but serious technological capabilities has been launched. The beta version is already available in the Google Play Market and the Apple App Store.

About the team

The Bubbletone platform was created by a team of professionals and specialists, who have more than 20 years of experience in the communications industry (the creators of the Russian mobile operator Allo Incognito in the mid-market segment since 2002).

Key team:

• Yury Morozov – CEO and founder. Co-founder of 4 active telecom companies.
• Oleg Pravdin – CTO telecom visionary, founder of 3 start-ups in the USA, China, and Russia.
• Sergei Ivanov – CEO of "Allo Incognito" (a mobile virtual network operator).
• Sergey Sevantsyan – a blockchain expert, public speaker and member of another team of developers and IT engineers.

Advisors

The are a lot of advisors, so we will just mention a few of them:

• Keith Teare – Successful serial technology entrepreneur; Executive Chair at Accelerated Digital Ventures
• Dr. Norman Lewisv – Telecom expert, he ran PWC’s innovation programme
• Joakim Holmer – a telecoms expert, who had experience in AT&T and the Ericsson Group
• John Mun – Co-Founder of Linker Coin.

Stages of ICO

Step 1: from February 1st to February 2nd
Step 2: from February 2nd to March 1st
Step 3: from March 2nd to March 10th
Start ICO: from April 20th, 2018 to May 20th 2018
Token price: 1 ETH = 4000 UMT
Period of implementation: without restriction
Minimum: 0.1 ETH
Maximum amount: 15 000 000 USD
Accepted currencies: ETH, BTC
To reserve UMT-tokens, you need to pre-register on the Bubbletone website.
All unsold tokens will be burnt and additional release of tokens will not be possible!

Incredibly long list of partners

The plans of the team

The team sets clear goals.

Quarter two, 2018: it is planned to make a commercial launch with offers from more than 10 mobile operators on Blockchain, with low rates for communication services in more than 80 countries.

Quarter three, 2018: Global Mobile Profile approval by International Telecommunication Union is planned, as well as the introduction of 4K videoconferencing, transfer of fiat money and crypto currencies.

By Quarter 4, 2018, it is planned to expand the list of mobile operators and service providers connected to the Bubbletone Blockchain Ecosystem platform and process the first million transactions.

By the end of Quarter 4, 2019, the Bubbletone team aims to have signed agreements with operators around the world to activate the Bubbletone Blockchain Ecosystem, and to process 10 million transactions.

Roadmap

The project has already been presented at many international forums and summits devoted to blockchain technologies and telecommunications.

Upcoming events:
May 14-16
Coindesk Consensus 2018, New York, USA
May 14-16
TMForum, Nice, France

Conclusions

The beta version is already available in the Google Play Market and the Apple App Store. It means that the system is already successfully operational.

Potential risks

There is a potential problem: Why will big mobile operators join Bubbletone Blockchain? The main drivers from the start of the project were the regional mobile network operators, as they are the most interested and fastest growing market players in countries of South-East Asia and all mobile virtual network operators (MVNO) worldwide. Their aim is clear: they want inbound roaming and a fast and affordable tool for enabling inbound roaming for their subscribers on conditions that are more attractive than classic roaming agreements.

There are no doubts that it is more difficult to motivate large telecom operators, but as the Blockchain in Telecom project develops, it becomes clear that large market players are interested in the project, because of the very idea of additional profit - not only from their subscribers traveling abroad, but from travelers coming to the operators’ coverage area s well.

The roaming rates are tending to reduce but too slow. Let’s look at the countries of European Union as an example. Prices are decreased faster than in other countries. However, even in this case the process was very gradual: first discussion started back in 2004, the law was drafted in 2007, and only in 2017 the prices for travelers became equal across EU countries.

The project has high competiveness due to the fact that there are no strong enough competitors.
So, the system operates, the strong team of professionals is working on the project. There are clearly formulated goals. There are lot of advisers and partners who are running a reputable business. High level of security and high competitiveness are among positive advantages. The payment system is transparent and easy for understanding. The project is actively developed in all social networks.

Website: https://bubbletone.io/
WhitePaper: https://bubbletone.io/BubbleTone_Whitepaper_ru.pdf
Telegram: https://t.me/bubbletone
Facebook: https://www.facebook.com/BubbleTone.Eng/
Twitter: https://twitter.com/bubbletone_eng
Medium: https://medium.com/@bubbletone
ANN: https://bitcointalk.org/index.php?topic=3075196
Author: https://bitcointalk.org/index.php?action=profile;u=980049