Bubbletone creates a smart environment for the telecommunications services industry to be excluded from the chain the client company middlemen and make use of the services as cheap as possible and comfortable. The platform Bubbletone will be beneficial for both clients and companies, as all parties to the transaction benefit from a new type of cooperation
Users of the telecommunications market suffer from the cost and quality of communication. Most tourists either do not use the telecommunications network, or limit traffic to a minimum. Therefore Bubbletone wants to develop a solution that will make it possible to use communications outside the operator's coverage area at local prices.
The Bubbletone project offers mobile operators a quick and easy solution. With the help of the platform, it will be easy to conclude roaming agreements. All operators will need to do is to connect to the Bubbletone blockchain via API. As can be seen, there are no complicated legal or technical procedures.
Operators compete with each other for new customers and allocate large budgets for marketing. But with the help of the platform, they will be able to attract tourists and provide them with services almost free of charge. In addition, the presence of blockchain adds transparency to all business processes, which affects the number of scams in the network.
How it works
All users are registered on the platform and verified to receive their own digital ID. In turn, the operator registers and adds its own tariffs (service packages), which are represented by smart contracts.
If the client likes the package of services, he chooses a suitable contract and signs it (uses digital identification and pays with stable SDR tokens). Also, for each transaction, system UMT tokens are required to pay the super-node commission. After the operator confirms the user's contract, he can use high-quality communication at local rates. According to the white paper, connecting a new user at low rates and high quality LTE takes only about a minute and goes unnoticed by the customer.
The project team consists of experienced telecommunications market employees who have been working in the industry for 20 years. During their work, the team managed to create the following:
- Virtual operator "Hello Incognito", which has collected a database of more than 250,000 premium customers.
- Bubbletone messenger with great functionality. Mobile operators can customize the app and earn extra revenue with standard communication features. The beta client has already been published in the app stores for Apple and Android platforms.
- Global system of mobile data exchange, necessary for operators to work without roaming. Customers will be able to receive high-quality communication in 80 countries of the world at local rates, without overpaying for services.
The project decided to create two tokens with two different goals. The first token is called SDR. The token will be stable in price and is necessary for both customers and users to receive/provide communication services. The total number of coins is not limited. The second token is called UMT, which will be used to execute smart contracts. UMT is also used by all operators that provide services to customers using the Bubbletone platform.
- Token name: UTM.
- Token standard: ERC-20.
- ICO dates: April 20-may 20, 2018.
- Price: 1 ETH = 4000 UTM.
- Minimum investment: 0.1 ETH.
- Hard cap: $15,000,000.
- Accepted currencies: ETH BTC.