Traditionally, mobile operators specialize in voice communication and data transmission

Bubbletone Blockchain in Telecom
2 min readApr 28, 2018

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But today the usual schemes cease to work — operators record the fall in demand for voice services. Indirectly, this is confirmed by the popularization of such services as Viber, WhatsApp and Skype, but they can not completely solve the urgent need for inexpensive but high-quality international communications.

With the advent of blockchain technology the output was found. The team of BubbleTone began to establish the first global telecommunications blockchain platform on which the subscribers and operators can interact without intermediaries. By the way, its launch solves not only the problems of communication of markets’ participants, but also people specializing in cryptocurrency mining.

Miners, collaborating with BubbleTone will receive a fee for the processing of smart contracts. As the internal currency is used universal UMT-tokens allocated for the execution of smart contracts. Depending on the quantity purchased and placed on Deposit, the level of participation determines.:

* Level 1. Super Node is available in UMT Deposit of 1 million tokens. In addition to commissions from the transaction it gives the holder the right to receive a share of the daily payment to the Fund for the development of the network.

* Level 2. Mini Node– available with a Deposit of 1000 UMT tokens. Each of their mini nodes must be connected to a super node, which will give it work.
The following division of profits from transaction fees is provided: 45% goes to the super node, 30% is divided between the mini-nodes that have joined the super-nodes and another 25% goes to the development Fund of the system.

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Bubbletone Blockchain in Telecom

We eliminate roaming and build a blockchain-based platform that connects mobile operators, service providers and end-users directly.