IQST - iQSTEL Announces Mobile Number Portability Application Blockchain Platform
March 03 2021 - 10:36AM
InvestorsHub NewsWire
New York, NY -- March 3, 2021 --
InvestorsHub NewsWire -- iQSTEL, Inc. (USOTC:
IQST), an international provider of Telecom, Technology,
Fintech and Blockchain solutions, today announced plans to launch
sales of its new Mobile Number Portability Application (MNPA)
Blockchain Platform beginning in April of this year,
2021.
The MNPA is a product of iQSTEL’s
Blockchain platform development subsidiary,
ItsBchain.
The MNPA allows a Mobile End User to
easily and quickly change form one Mobile Network Carrier to
another in just 3 clicks. No days long dealing with a service
provider anymore.
iQSTEL’s MNPA is anticipated to be an
industry gamechanger as it allows Mobile Users to seamlessly change
from one Mobile Network Carrier to
another.
The initial estimation of the MNPA
Platform as a Service (PaaS) market size is approximately $260
million annually. iQSTEL’s ItsBchain subsidiary is targeting
a 10% MNPA market capture between
2021-2023.
ItsBchain’s long-term goal is to implement
the MNPA PaaS, or as we like to say, Blockchain as a Service
(BaaS), with over one billion end
users.
Our MNPA BaaS will include smart contract
functionality and as part of the Blockchain platform, our MNPA will
also include a high degree of protection for end user
information.
About iQSTEL
Inc.:
iQSTEL Inc (OTC:
IQST) (www.iQSTEL.com) is a US-based publicly-listed company
offering leading-edge Telecommunication, Technology and Fintech
Services for Global Markets, with presence in 13 countries.
The company provides services to the
Telecommunications, Electric Vehicle (EV), Liquid Fuel
Distribution, Chemical and Financial Services Industries. iQSTEL
has 4 Business Divisions: Telecom, Technology, Fintech and
Blockchain, with worldwide B2B and B2C customer relations operating
through its subsidiaries: Etelix, SwissLink, QGlobal SMS,
SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company
has an extensive portfolio of products and services for its
clients: SMS, VoIP, 4G & 5G international infrastructure
connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric
Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas
Platform, IoT Smart Tank Platform, Visa Debit Card, Money
Remittance, Mobile Number Portability Application MNPA (Blockchain
Platform) and Settlement & Payments Marketplace (Blockchain
Platform).
Safe Harbor
Statement: Statements in this news release may be
"forward-looking statements". Forward-looking statements include,
but are not limited to, statements that express our intentions,
beliefs, expectations, strategies, predictions or any other
statements relating to our future activities or other future events
or conditions. These statements are based on current expectations,
estimates and projections about our business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and are likely to, differ materially from
what is expressed or forecasted in forward-looking statements due
to numerous factors. Any forward-looking statements speak only as
of the date of this news release and iQSTEL Inc. undertakes no
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this news
release.
iQSTEL
Inc.
IR US Phone: 646-740-0907, IR
Email: investors@iqstel.com
Source: iQSTEL Inc. and its
subsidiaries: www.iqstel.com
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