The 5 best blockchain projects in the telecommunications sector
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TOOTH (TOOTH):
DENT is a blockchain-based platform that is working to create a global marketplace that allows everyone to buy and sell mobile data packages. DENT’s mission is to tokenize, liberate and democratize mobile data and bandwidth. The company has developed a marketplace and mobile application that allows buying and selling mobile data packages using blockchain technology.
The platform works on an Ethereum-based blockchain and is creating a transparent and easy data pricing landscape.
How does it work?
The operation of the DENT platform is quite simple. All users who are registered on the DENT network simply need to change their existing mobile data packages to one that is more suitable and cheaper for them. This platform will allow end users to easily interact with telecom industries and thus lead to greater transparency and utilization of mobile data.
associations
The DENT network is operating successfully around the world through its partnerships with multiple telecommunications industries.
In the United States, the company is associated with AT&T and Verizon, in Mexico with Telcel, Nextel and Movistar, in Brazil with Oi and Vivo, in Bangladesh with Airtel, Robi, Grameenphone and Banglalink, in South Africa with Vodacom, MTN, and CellC, in Morocco with Orange, Moroc Telecom and Inwi, in Spain with Vodafone, Orange and Yoigo, in Singapore with M1, Starhub and Singtel, in Sri Lanka with Airtel, Etisalat, Mobitel, Hutchison and Dialog, with Claro in Puerto Rico and Claro Costa , Tigo in Guatemala and Du in the UAE.
road map
Launched in 2017, the DENT network has successfully managed to become the best blockchain-based telecommunications project with 3.5 million users worldwide. In the third and fourth quarter of 2018, the company aims to increase its partnerships with more countries and operators and list on more cryptocurrency exchanges.
For 2019, the company is focusing on launching global voice and SMS calls, video calls, retail data rewards, and achieving 15 million users in 70 countries by the end of the second quarter of 2019.
Token value information
Total Supply: 100,000,000,000 TEETH
Circulating Supply: 17,241,387,101 TEETH
Market capitalization: $44,036,974 USD
ICO Price: $0.000639 USD
Current Price: $0.0025 USD
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QLINK (QLC):
Now known as the QLC Chain, Qlink is the first public blockchain for decentralized networks. QLC Chain is envisioning a system where users can buy connectivity from their peers. That is, leasing access to someone’s Wi-Fi, selling unused data to other users, and receiving cellular signal from a base station in someone’s home.
In a broader sense, the project is working to build a network-as-a-service infrastructure that would implement smart contracts to facilitate dapps and other network features and functions.
The QLC Chain network is trying to solve the problems of network overcapacity, lack of network access, centralized operations, etc. decentralizing the telecommunications and connectivity market.
How does it work?
With the QLC Chain platform, anyone from anywhere in the world will be able to operate a small base station from their home providing cellular service to their surrounding area. Every time a user connects to another user’s base station, a small percentage of their payment will be given to the base station operator.
The platform also accommodates advertisers who can pay to get their content onto the Qlink network.
associations
The QLC Chain team has partnered with more than 40 telecom operators around the world to provide decentralized mobile data services to its 6 million customers. The network also has a partnership with NEO as it was built on top of the NEO blockchain. Other network partners include Binance, Ontology, Block Array, Centro, and intop.
road map
Launched in December 2017, QLC Chain aimed to develop a standard Wi-Fi sharing protocol and E2P SMS application. The end of the second quarter of 2018 saw the development and implementation of data access and content distribution to the public network.
Towards the end of Q4 2018, the network will launch QLC Public Chain on Mainnet and integrate with IPFS.
Token value information
Total supply: 600,000,000 QLC
Circulating Supply: 240,000,000 QLC
Market capitalization: $12,239,064 USD
ICO Price: $0.352 USD
Current Price: $0.050 USD
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TELCOIN (TEL):
Telcoin is the first crypto currency that is working to improve the interactions between mobile telecommunications and blockchain technology. It is based on the Ethereum blockchain and can be used to make payments anywhere as long as your mobile number is known.
Telcoin is a cryptocurrency that will be distributed exclusively by GSMA mobile network operators.
How does it work?
The Telcoin will be distributed to mobile network operators who will then sell it to their customers. It will facilitate efficient remittances, access to crypto currency, and crypto-backed card payments.
The operation of the platform begins with the end users who, with their crypto wallet fully integrated with the Telcoin API, will have access to multisig wallets with three private keys. Telcoin will keep a record of users’ mobile phone numbers, their public key, and an encrypted private key.
Telcoin provides a cheaper and faster way to send and receive money and even people without a bank account can easily use Telcoin.
Partnerships and roadmap
The Telcoin network was launched in 2017 and worked during the first quarter of 2018 by identifying its potential partners around the world. In the second quarter, the company implemented its partnership with telecom operators in Europe, South Africa and Japan. In the same quarter, it also initiated applications for any required clearances in India, Pakistan, the UK, Indonesia and other key markets.
In the fourth quarter of 2018, the Telcoin company will launch in Japan and will then serve remittances in Europe, East Asia, Africa, and Southeast Asia in the first quarter of 2019.
Token value information
Total supply: 100,000,000,000 TEL
Circulating Supply: 32,034,497,783 TEL
Market capitalization: $20,304,392 USD
ICO Price: $0.0071 USD
Current Price: $0.00063 USD
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BUBBLETONE (UMT):
BubbleTone is a blockchain-based telecommunications project working to eliminate roaming. The platform connects mobile network operators and end users around the world in a blockchain-powered marketplace. The project gives traveling users the freedom to become legitimate local customers of any foreign land carrier in any country they travel to without having to replace their SIM cards.
With BubbleTone, users will have the opportunity to make calls and use data-based services around the world at local rates with direct connections to local carriers. For operators, this platform provides the opportunity to go global without having to afford complex network integrations.
How does it work?
BubbleTone aims to eliminate the problem of international roaming that generates unnecessary expenses for both telecom operators and users. With the BubbleTone blockchain, travelers can easily become verified local customers of the country they are traveling to without the need to replace their SIM card.
The platform also has its mobile app, which is primarily its marketplace that connects subscribers and local network operators globally.
The network works with UMT (Universal Mobile Token) to be used in smart contracts to carry out transactions. This token can also be used to top up the user’s balance to pay for the telecom services they opt for.
associations
BubbleTone has currently partnered with Crypto Valley, REVESystems, CountryCom, Multi Digital Services, ShoCard, and IDEMIA. In addition, the company has partnered with telecommunications providers in more than 80 countries to provide a seamless travel experience for users.
road map
The initial version of the network’s smart contracts was ready in the first quarter of 2018. The second quarter saw the Web-API for the integration of mobile operators and service providers in more than 80 countries. By the end of the third quarter of 2018, the company aims to receive approval from the International Telecommunications Union and then expand the list of mobile operators and service providers they work with by the fourth quarter of 201. In the first quarter of 2019, the company will sign with all operators and launch the first prototype of a global SIM chip to be integrated into mobile devices of agreements.
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LOCK SIMS (SIM):
BLOCKSIMS is a decentralized payment gateway that works to solve the problems associated with traditional telecommunications through blockchain technology. The platform aims to completely eliminate the fee charged by voice and data service providers and provides users with rewards and bills generated through digital advertising.
The platform is working to enable seamless information distribution through the development of new revenue channels, thereby removing the need for intermediaries in the telecommunications process.
The BLOCKSIM platform uses the Ethereum blockchain to provide a level of transparency while incentivizing users to adopt and use the platform.
How does it work?
BLOCKSIM partners with major telecommunications industries around the world and offers international SIM cards through its SIM token. This will provide BLOCKSIM users with unlimited voice and data services worldwide and users will receive incentives of up to $100 USD.
Each holder of a SIM token will have a SIM BLOCK that is valid for life and includes free unlimited voice and data services.
Partnerships and roadmap
BLOCK SIM and SIM Tokens were conceptualized in April 2017, followed by R&D, which concluded with the launch of BLOCKSIM ICO in March 2018. The ICO ended in April 2018, and in October, the world will see the introduction of BLOCK SIM with a mobile application. for Android and iOS. The company aims to have at least 15% of the world’s telecommunications users of the BLOCK SIM card by the year 2020.