Web: http://bubbletone.io
What is Bubbletone?
The world’s first decentralized ecosystem, allowing mobile operators, phone users and service providers to interact directly. So the creators of Bubbletone described their project. Behind these words is hidden a platform on the block, which should facilitate users access to roaming services all over the world. And mobile operators — to simplify accounting, contracting and customer service.
Main idea of Bubbletone
The main limitation of any mobile network is the coverage area. To increase it by only a few square kilometers, you need to negotiate with land owners and build an expensive base station. Only a few companies within the same country can afford such investments. Therefore, the number of operating operators is small and the competition between them is weak.
Real problems begin when we leave our country. Of course, almost every operator offers roaming services, but their cost is too high. You can buy a starter pack of a local operator, but then our phone number will change and our contacts will not be able to reach us.
The high cost of roaming is due to the complexity of contracting between operators and transaction costs when passing international payments. On the one hand, the «home» operator would like to provide services to its subscribers around the world. But he does not have enough resources to negotiate and conclude contracts with foreign partners. And even if the contract is concluded, it is expensive and difficult to keep records on it and mutual settlements. On the other hand, the «foreign» operator would be happy to receive new subscribers and serve them, even at their usual tariffs. But it is difficult for him to keep a record of the services provided and to receive payment from the «home» operator. The platform created by the Bubbletone team is designed to solve these problems and contradictions.
Realization
The White paper of the project states that the platform consists of several software complexes that enclose smart contracts and record information in the block system. From the user’s side — this is a simple mobile application. The document abounds with complex technical terms used in the telecom, and is extremely difficult to read.
Briefly the description of the platform looks like this. Since the moment the subscriber activates the SIM card for the first time, a record about it is created in the locker. While he is in the network of his «home» operator, the classical scheme of charging and paying for services can work. To gain access to the platform, the subscriber must download and install the Bubbletone application on his device. In it, access to complex functions is realized in the form of communication with the Telegram-bot. If the subscriber wants to go to another country, he asks the appropriate question to the bot and, with the help of his tips, finds the optimal roaming option for himself. Once the subscriber confirms the choice, a smart contract is concluded between him and the two operators.
Getting into the network of the «foreign» operator, the subscriber uses communication services for standard, rather than roaming, tariffs. At the same time, he keeps his phone number, received from the «home» operator. Data on the number of services and their tariffs are recorded in the unit. After the set period, the «home» operator collects the agreed amount from the subscriber and transfers it to the «foreign» operator. Mutual settlements between operators are carried out in SDR tokens, crypto currency, tied to Special Drawing Rights, SDR, artificial reserve and payment facility issued by the International Monetary Fund. The SDR rate of the token, as well as the current SDR, is established by calculating the rates of the main reserve currencies — the US dollar, the euro, the Chinese yuan and the British pound sterling. This token will be available on the exchange or on the official Bubbletone website for any national currency. Also in the system will go UMT token, which can pay for the services of the platform and the services of the miners that support the functioning of the platform with their computing power. This token is on the ICO.
Website: http://bubbletone.io/
Telegram: https://t.me/bubbletone
Facebook: https://www.facebook.com/BubbleTone.Eng/
Youtube: https://www.youtube.com/channel/UCm2tpPPC5umXhBNufFmiw3g
Twitter: https://twitter.com/BubbleTone_eng
Medium: https://medium.com/@bubbletone
ANN: https://bitcointalk.org/index.php?topic=3075196
Whitepaper: https://bubbletone.io/BubbleTone_Whitepaper_ENG-Jan18.pdf
One Paper: https://bubbletone.io/Bubbletone-OnePagerJan18.pdf
YELLOW PAPER: https://docs.google.com/document/d/1TWm2lfmGAJJAnO_9UPHp07BUJK68rohdV5ZcELrf1Ug
author: https://bitcointalk.org/index.php?action=profile;u=1603038;sa=summary
ERC: 0x007488782bEC5786ACa8BB783Db8EDB086A92ebe