How do telcos benefit from the eXtensible Open Network?

In this three-part series, we will discuss the different benefits of the eXtensible Open Network, the technology that powers XONIO Mobile to offer mobile consumers a fast and convenient way to shop for digital goods and to connect to the blockchain all in one mobile application.

1. Fraud prevention

The eXtensible Open Network ensures no data will be tampered with, or deleted by one or multiple bad actors, making all transactions immutable. Through smart contracts all the transactions in the eXtensible Open Network are encrypted and published in the Ethereum Blockchain. Data is redundant, and no entity owns it or can take it offline. The auditability offered by the eXtensible Open Network will help prevent system risks, and, most importantly, will prevent fraud that cost Telcos millions.

2. Higher Average Revenue per User (ARPU)

Because of the new mobile market that XONIO will create, it is expected to translate to higher top-up volume of prepaid airtime credits. Adding utility to telco prepaid airtime on top of the usual data, call, and text packs paves the way to growing the typical telco prepaid wallet size.

The effect comes naturally that when a user’s top-up volume increases, the more that he or she is empowered to consume more mobile services like mobile data and value added services such as games.

3. Higher Data Burn

On top of introducing new utility for telco prepaid airtime credits, XONIO Mobile also encourages higher data burn per user. In the Philippines for example, telcos are looking at increasing data-burn for 52% of the internet user population who access the internet most often via a smartphone.

Browsing the XON Store also consumes data. The wider the catalogue and the more engaged the XONIO Mobile users shop the store, the higher data-burn per user.

With XONIO Mobile, telco prepaid airtime gains new utility as it introduces a world of digital goods that can be purchased via converted airtime credits, thus growing the typical prepaid wallet, which then encourages VAS consumption, which also increases data-burn per user, which comes full circle in also increasing top-up value per user. Awesome, right?

Aside from benefitting telcos, the eXtensible Open Network also offers benefits to mobile consumers and digital goods partners. Visit the rest of Benefits of eXtensible Open Network series to learn more about this amazing technology behind XONIO Mobile.

For more info, visit www.xon.io. Join the community on Telegram.