Press release
Bubbletone to Showcase Global Blockchain for Affordable Roaming at Blockchain Expo North America 2017
Dublin, November 22. Bubbletone to showcase a global blockchain platform for affordable mobile network roaming at Blockchain Expo North America 2017 in Santa Clara, CA.Bubbletone has created a global blockchain-based marketplace that directly connects end users and mobile network operators. This solution effectively eliminates the operator's costs for entering and running international roaming programs.
These expenses now amount to tens of millions of dollars in fees, including payments to intermediaries. That is why according to research around 70% of roamers worldwide stay silent, with just 1% of subscribers consuming 80% of traffic in roaming.
With Bubbletone, operators will offer their price quotes for packages of mobile services with their great local rates. Customers then choose exactly the amount of voice, text and data they need in specific country and buy directly from the provider. The purchase is made inside the app with a smart contract transaction and takes effect immediately.
In addition to great rates and LTE quality, subscribers get peace of mind retaining their home mobile number while roaming, and can seamlessly stay in touch with family and friends.
Speaking of presenting at blockchain Expo North America, founder Yury Morozov says:
"This is an exciting opportunity to provide an early glimpse at our disruptive solution to the telecom community. We have already had positive feedback in talks with major operators like Orange, Vodafone, T-Mobile, Hutchinson Telecommunications and Telefonica. And of course small and medium-sized operators are starting to see Bubbletone blockchain as a robust and convenient tool for increasing their revenue".
Technically, the Bubbletone roaming platform which is fully operational by now uploads mobile profiles with selected services on subscribers’ SIM cards. This platform features solutions certified by world’s largest SIM card manufacturers.
On transaction side, smart contracts ensure incontestable agreements between two operators and the subscriber and are enforced automatically. All data is securely encrypted and is safely stored on the nodes within our blockchain.
In this new economy operators easily start launching roaming offers, stop losing revenue from silent roamers and unlock a whole new sales channel with a range of value-added services to subscribers on our blockchain. All with quick launch and zero capital expenditure.
About Bubbletone: Bubbletone is a brand of Clementvale Ltd, Ireland, member of Crypto Valley Association established to build the world’s leading blockchain and cryptographic technologies. Clementvale Ltd is a team of telecom professionals with 20 years of experience running multiple successful telecom and software development businesses. www.clementvale.com
Clementvale Ltd
The Black Church, St. Mary’s Place
Dublin 7 Dublin Dublin 7 Ireland
Media contact: Kirill Maskaev kirill.maskaev@clementvale.com
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