Current Status on Platform Development

Dear community members,

We would like to summarise the results of the expiring year and inform all of you about the progress in the platform development.

Upon the completion of the ICO, the Bubbletone team had a test version of the blockchain-based platform. Since that moment, our development team has been working on a production version of the platform. The launch of the production version is planned for Q1 2019. For the launch to take place, we are going to deploy approximately 15 nodes.

PoC

We have also been conducting a proof of concept (PoC) with several mobile operators. PoC is a demonstration, the purpose of which is to verify that our concept has the potential for real-world application.

Implementation of PoC is a complex process accompanied by a number of technical difficulties. For the main use cases, which are the most claimed by operators, PoC can be described in the following simplified way:

1. A video demonstration for an operator that shows how the platform works, including presentation of the system and the whole process, clarification of details, and a live discussion;

2. Provision of two SIM cards to the operator for further testing. These SIM cards are produced with an embedded Multi-account SIM applet that allows users to download mobile profiles of different operators on SIM cards;

3. The operator needs to prepare all necessary data for uploading its own mobile profile, including IMSI, Ki, and Opc, on the blockchain-based platform;

4. Deployment of two nodes for the operator on the Bubbletone platform. Adjustment and provision of two URL addresses that are necessary for getting access to a web account for testing as guest and home operators;

5. Conduction of tests, including publishing offers on the blockchain platform and filling out necessary data in the web account;

6. Downloading of mobile profiles onto SIM cards and checking out their registration in the network of the operator;

7. Deployment of two nodes on the operator’s servers and conduction of tests (the same ones as in the demo scenario, paragraph 4);

8. A pilot project with billing integration.

Bubbletone and Nexign’s joint solution

Bubbletone is actively collaborating with Nexign, a leading Business Support System (BSS) & IoT platform provider, to develop a joint solution based on both blockchain and BSS technologies for the telecom sector. This technological solution will be working within the Bubbletone platform after the platform is launched. Nexign’s clients will have the opportunity to use a marketplace for wholesale trading that enables the creation of personalized and profitable offers to end users. Based on the Bubbletone blockchain-based platform, this marketplace is one type of “products” that will be available within the platform. The use cases developed by Bubbletone are another type of “products” that will be available on the same blockchain platform. Therefore, both types of “products” will coexist on the platform, within a single marketplace.

We are going to showcase our joint solution with Nexign on Mobile World Congress 2019. The event will take place on February 25–28, in Barcelona, Spain.

WP and token utilization

We are going to update our White Paper in Q1 2019. The new version will contain a detailed description of our Graphene-based blockchain platform and its working principles. It will also specify the way UMT token will be utilized within our technological solution and how we are going to incentivize UMT holders who own a considerable amount of the tokens.

Mobile operators

We are negotiating with mobile operators worldwide. Several MOUs and NDAs have already been signed. However, it is important to understand that signing a MOU and an NDA with a large mobile operator is a long process that can last up to four months.

We kindly ask you all to be patient. Our team believes that there will be more good news next year. Stay tuned!

Bubbletone team wishes you all Merry Christmas and Happy New Year!