When a mobile phone is used outside the range of it's service provider network (home network) causing the cell network to connect to another to connect to another available cell network either local or international is called roaming. Take for instance, a Russian who uses MTC network provider in his country for calls and internet services, travels to Nigeria where there is no MTC but the cell network automatically connects to MTN network service where he/she can be able to access the internet and make call collectively, this is referred to as Roaming in the context of mobile phone networks.
Cell phones do not just connect to other networks, there has to an agreement between both network providers(visited network and home network), The agreement is usually reached after a vigorous test and confirmation that these networks can work likely. Though these networks are verified, travelers still face problems of low call connectivity, high cost and low service.
BubbleTone Blockchain platform is here with a plan to eliminate all of the long, complex and costly procedures attached to roaming, by creating a new market for thousands of telecom carriers and opening affordable mobile services for silent roamers. However, the platform will also create a synergy between the telecom business and service providers outside of the telecom market.
This exceptional technology aims at decentralizing the telecom industry with smart contracts, providing excellent interaction between mobile operators, end-users and service providers around the world. This service will drastically reduce the cost of making calls, and using the internet abroad, also providing revenue for service providers.
The BubbleTone technology does not only implies to telecommunications, Televisions, music and cloud services will also be beneficiaries of this process as they also distribute offers to their customers based on mobile operators.
Travelers and tourists will be able to access the BubbleTone technology through the bubbletone mobile app, with this app, users will be able to see available tariff plans called "offers" in form of smart contracts created by mobile carriers, subcribing to this offers allow you to create a request that appears as the smart contract, payable by the SDR tokens. As soon as the mobile carrier or service provider receives the money, services is quickly rendered to the subscriber directly with local price and high quality.
The creating of these smart contract are faultless and takes very little time to be accomplished (less than a minute), users are connected to local service providers with a very low rate and high LTE quality which can be easily controlled using the BubbleTone mobileapp. Every transaction on the platform will be processed by Super Nodes, and their is also a plan of making all mobile networks available for every user to make their choice.
Regional carriers have been left with no option than lose to major carriers because the market is monopolized, it has made roaming very expensive and difficult to implement as it bears cost on the integration of these carriers, leaving them to spend millions of dollars for roaming services. Other problems like the cost of lunching a messenger, lack of funds by newcomers, lack of good functions and prevalence, and limited budget by small and medium mobile operators has made the market centralized.
BubbleTone Blockchain service will erase all the long processes attached to roaming, they have created and interface called API (Application Programing Interface) that will allow carriers render services to mobile users without entering into any roaming agreements. Subscribers will be able to use their home number without buying new ones, while their home service providers/mobile carriers will retain their revenue from incoming and outgoing calls, subscribers will also have access to a Bubbletone messenger for chat and messages with unsegregated tariff plans. Furthermore, the situation will be made transparent, as connection of new carriers will be by the consensus of existing players, which makes the process transparent, excludes patronage, and also significantly reduces the appearance of scammers.
The ability for subscribers to switch between carriers in case of poor-quality communication in their home network is difficult because domestic carriers do not have an effective national roaming mechanism, due to monopoly by mobile network operators, travelers overpay for foreign services when they travel.
Travelers and tourists find it difficult to use their local SIM cards, global SIM cards and also Wi-Fi hotspots to due fear of losing contacts, language barriers and passwords that connects them to the Wi-Fi.
The Bubbletone platform has a messenger that connects users with their home numbers outside their home network, which also avoid roaming charges, the features of the Bubbletone messenger includes: Audio and video calls, Group chats and SMSchats, Burning messages after reading, Sending messages to the future, Sending SMS from the messenger onto GSM network, Stickers and animations, Sharing photos, videos and large files, Record voice messages with pre-listening, Request geo-location of subscriber and contacts and One account for multiple devices with message synchronization and built-in cloud storage.
Cryptocurrency miners on the Bubbletone Blockchain will no longer search for artificial hashes, they will rather process transactions for the provision of communication services and other online services, which gets them engaged in useful work. Miners will be opportune to process smart-contracts created by mobile carriers and service providers, and earn reward.
Miners can earn Universal Mobile Tokens (UMT), which are required in Bubbletone Blockchain to be used as a means of payment to pay fees for processing the transaction. UMT is a universal token to make a smart contract executable in Bubbletone Blockchain. When we connect new carriers and subscribers to the system, the number of transactions will grow.
Bubbletone Blockchain has two tokens that serve the following purpose:
The ensurance of a stable price of services for every subscriber, and projected revenues for operators and service providers. This explains why the SDR token has a fixed rate pegged to 5 major fiat currencies.
The need to provide a link with the crypto currency market to give crypto-miners the opportunity to exchange revenues from transaction processing to fiat and cryptocurrency.
For these purposes, the Universal Mobile Token (UMT) has a floating rate inside the system based on internal rate and a limited amount.
UMT Tokens- Tokens will be used in smart contracts to perform transactions, also to top up user balance to pay for telecom services
The UMT token is priced in Ethereum
Pre-ICO and ICO
Pre-ICO Stage 1
Date- 01.02-10.02
ETH/UMT- 0.00019
Rates- 1ETH = 4000UMT + 31,5% bonus
Percentage- Vesting 10% each week
Minimum investment- 1 ETH
Stage 2
Date- 11.02-01.03
ETH/UMT- 0.00021
Rates- 1ETH = 4000UMT +20% bonus
Percentage- Vesting 10% each week
Minimum investment1 ETH
Stage 3
Date- 02.03-10.03
ETH/UMT- 0.00022
Rates- 1ETH = 4000UMT +13% bonus
Percentage- Vesting 10% each week
Minimum investment- 1 ETH
ICO
Start Date- 20.04.2018
ETH/UMT- 0.00025
1ETH = 4000UMT
Minimum investment- 0.1 ETH
End Date- 15.06.2018
Hard cap: 15 000 000 USD
Total Supply: 1 000 000 000 tokens
For sale: 500,000,000 tokens
The Bubbletone team has 20 years of experience in the Telecom Industry. This makes them experts in building innovative products for mobile operators, as they are well equipped and understand their major pains. During this period, multiple telecom and software development businesses have been created by members of the team. A Mobile operator under brand “Allo Incognito”, with 250K Premium Subscribers. Yuri Morozov is founder of 4 active telecom companies with annual revenue of over $50mln.
The Key Team
Developers And IT Engineers Team
Though the BubbleTone project has competitors like Roaming hubs, Project Fi powered by Google, and Apple SIM, but they are complex, expensive and difficult to use. They also do not support LTE quality and require a monthly fee, making it less attractive for small and medium operators. Bubbletone is providing a platform that is easy to understand, decentralizing the telecom industry and also providing miners a form of useful work, as well as creating servers for crypto investors performing transaction verification to earn UMT tokens.
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ERC20 Address: 0xc557DCD92078aAa41F51f46157a02dB8B2074d79
