KhutuCrypto: BubbleTone

BubbleTone — Global Telecommunication Ecosystem without Indermediaries

Background

Bubbletone is The first decentralized telecom ecosystem that allows mobile network operators, phone users and service providers to interact directly. “Blockchain in Telecom” ecosystem provides direct interaction between end-users, mobile

operators and service-providers via smart contracts.

It eliminates hundreds of inter mediators, dramatically reduces costs of mobile services (up to 10 times while going abroad), and saves years and millions of $$ on implementation of the old fashioned 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.

For Bubbletone users:

Make calls and use data during travel worldwide at great local rates with direct connection to local operators

No need to change your SIM-card or phone number

Next generation messenger packed with amazing communication features

For mobile operators and service providers:

Any operator can become global without complex network integrations

Direct access to international telecom market with millions of new customers

Increase in revenue through distribution of value-added services

Telecom 2.0: Blockchain replaces old-fashioned and costly roaming technology totally by implementing smart contracts into mobile operators’ interactions.

The Blockchain in Telecom is based on “Proof of Importance” consensus to process millions of smart-contracts between mobile operators around the world:

The process of creating and executing of smart contracts is seamless for subscribers 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 having 100+ useful functions.

Crypto-holders could setup own nodes to earn Universal Mobile Tokens (UMT) on smart contracts processing. Growing demand and limited offer of the tokens provide the great revenue stream for each participant

The Goal

The goal of the Bubbletone Blockchain platform is to eliminate all long, complex and costly inter-operator roaming procedures and to create a new market for thousands of telecom carriers opening affordable mobile services for silent roamers. Our Blockchain in Telecom ecosystem provides direct interaction between mobile operators and service-providers via smart contracts.

Vision

We directly connect mobile network operators and end users globally on our

blockchain-based marketplace. As a mobile operator in Europe with over 20

years in telecom, we are going to leverage this blockchain platform to enter

the global market and offer it to all operators.

Problem

International roaming now means prohibitive expenses both for telecoms

and subscribers around the world. Inter-operator charges for entering

roaming market now exceed $20 million. Developing countries are most hit

from exceptionally high roaming prices in a market dominated by a few

telecom giants.

Solution