BUBBLETONE — Blockchain in Telecom

What Is Bubbletone?

Bubbletone is a blockchain platform for the telecommunications world. It’s being developed by a team in Crypto Valley (Zug), Switzerland.

A private pre-sale for Bubbletone tokens (and super nodes and mini nodes) is on until January 20, 2018.

Bubbletone aims to disrupt the telecom industry by making it cheaper for users to make calls and use data while traveling worldwide. At the same time, Bubbletone will reward mobile operators by making it easy for them to expand service worldwide without complex network integrations.

Prior to launching their blockchain technology, Bubbletone worked in the telecom industry for more than 18 years, successfully developing its own MVNO operator company with a client base of over 250,000 subscribers. Now, with blockchain technology, they see an opportunity to disrupt the industry in a major way.

How Does Bubbletone Work?

Bubbletone’s current platform is able to accomplish the following core features and functions:

• Upload mobile profiles onto subscribers SIM cards
• Certified by Oberthur Technologies (OT), one of the world’s largest SIM card manufacturers and Safran Identity & Security (Morpho)
• A beta version of the messenger (called Bubbletone) is available to download today for free for iOS and Android

The unique name of the platform, Bubbletone, is a reference to the fact that the app is “as easy to use as blowing bubbles.” The Bubbletone app contains more than 100 functions today. The most important function, however, is the ability to retain your mobile number in the app during remote swapping of the SIM card profile. Bubbletone will eventually be the first client on a decentralized network based on blockchain technology (Bubbletone’s team is currently developing this blockchain).

The core function for users is the ability to communicate with other users over 3G, 4G, and Wi-Fi networks worldwide.

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

With BubbleTone Blockchain, travelers can swiftly become legitimate local
customers of any foreign operator in the country they are traveling to. They
don’t need to replace their SIM card, and they retain their home number.

Bubbletone Benefits

Bubbletone aims to offer all of the following benefits:

• Transactions are incontestable, and operations conducted on the blockchain are nearly impossible to fake or hide (this is a benefit for both operators and clients)
• Data is safe, as the entire blockchain is stored on nodes across the network; someone would need to overthrow the entire blockchain to compromise Bubbletone’s security
• The transaction error rate is minimized because each action is controlled by a strict code on the operators’ nodes
• Less traffic is transmitted among operators, and all interactions are now conducted through a decentralized P2P network
• Any additional code running on the system is void of sensitive information that could be stolen; the only data that needs to be protected is the private key of the participants
• In other words, Bubbletone aims to bring the benefits of blockchain technology to the world of telecom companies. Interactions on the system are governed by smart contracts.

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:

Bubbletone has two tiers of nodes, including super Super Nodes (1 minute UMT) and Mini Nodes (1k UMT). Nodes process millions of smart contracts created by operators and service providers, then receive UMT tokens as rewards for each transaction. Both node tiers also receive extra income from the network development fund (listed as a 100 million UMT fund on the official site).

Who’s Behind Bubbletone?

Bubbletone is led by Yuri Morozov, the founder of four active telecom companies with $50 million in annual revenue, Oleg Pravin, Sergei Ivanov, and Stepan Gershuni.

Token Sale Process:

The pre-ICO sale starts on January 20, 2018, and it ends on February 15, 2018. The approximate value of one token is around 0.42 USD. There is 10K USD minimum. Regarding the ICO, the Crowd-sale starts on March 20, 2018, and it ends on May 20, 2018. The UMT tokens can be bought after depositing funds on the BubbleTone user accounts. Payment methods will include several cryptocurrencies, wire transfer, VISA/MC credit/debit cards. Among the available payment options are BCH, BTC, ETC, ETH, DASH, LTC, USDT, XRP as well as the Wire Transfer and Visa/MasterCard.

Token details:
Token name: UMT
Price 1 UMT = 0.5 USD
Platform: Graphene
Accepting: BTC, LTC, XRP, BCH, DASH, ETC, ETH, USDT, Fiat
Soft cap: 10000000 USD
Hard cap: 100000000 USD
Country: Russia
Whitelist/KYC: None.

Token Sale:
Pre-ICO
Start: 20.01.2018
End: 15.02.2018
Price: 1 Token at 0,42 USD with a 10K USD min.

ICO
Crowd-sale: 20.03.2018 — 20.05.2018
A special early-bird price of 0,5 USD per token
Then price rises by 0,05 USD every 5 days, up till 1 USD
And then, price rises by 0.15 USD every 10 days till the end of ICO

Now we have the opportunity to make calls at very favorable rates in every corner of the world, directly and without difficulties connecting to the conditions and tariffs of local mobile operators:
- no need to switch SIMcard;
- multi-functional mobile innovative communication technologies ;
- each operator will be in demand, BubbleTone will take care of the organization of this process;
- any mobile operator will be able to directly access the international telecommunications market by contacting millions of new customers from around the world;
- mobile operators will have a big benefit from the implementation of the ideas of the BubbleTone project, because they will fully increase their revenues through the distribution of services.

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