iQSTEL, Inc. and itsBchain Announce Pre-Beta Test of Blockchain-based Mobile Number Portability and Administration Platform
March 25 2020 - 7:02AM
InvestorsHub NewsWire
iQSTEL, Inc. and itsBchain Announce
the Pre-Beta Test of the Blockchain-based Mobile Number Portability
and Administration Platform Has Been Released
NEW YORK, NY -- March 25, 2020 -- InvestorsHub NewsWire --
iQSTEL Inc. (IQST),
in conjunction with its recently acquired subsidiary ItsBchain, is
pleased to announce the Pre-Beta test release of the
blockchain-based mobile number portability and administration
platform.
Smartphone shipments worldwide are projected to add up to around
1.7 billion units in 2020. By 2021, 40 percent of the world's
population is projected to own a smartphone according to
Statista.com. Global smartphone sales reached $522 billion in 2018.
Claiming a 44 percent share smartphones, mobile phones and
wearables are still the powerhouse in the $1.2 trillion technical
consumer goods (TCG) market as GfK research noted.
While almost 40% of the world’s population owns a smartphone,
changing carriers and maintaining the same number is still
processed via an archaic ‘days to weeks’ 2-party verification
system. itsBchain’s developed mobile number portability application
will allow the client to switch carriers in as little as 3 clicks,
reducing the mobile number porting to mere minutes. The platform
brings about an unprecedented level of transparency and security to
the market using a combination of mobile applications with smart
contracts and blockchain technology.
Mr. Iglesias, the Company’s CEO, commented, “We are very pleased
with the rapid development and completion of the Alpha-testing
phase. Our intimate knowledge of the industry along with extensive
client and consumer discussions, brought about this highly
in-demand platform. The blockchain-based platform is just the first
of multiple platforms itsBchain and iQSTEL are working on to bring
the telecommunications market into the 21st Century. We plan to
offer this mobile application and blockchain platform to our
current customers, the largest mobile operators in the word, as
Vodafone, Telefonica, Millicom, among others.”
About iQSTEL Inc.:
iQSTEL Inc. (IQST) www.iQSTEL.com
is a Publicly Listed Company in US. iQSTEL is a leading-edge
21st Century Enhanced Telecommunications Service
Provider offering a wide range of cloud-based enhanced
services to the Tier-1 and Tier-2 carriers, enterprise
market, as well as the retail market. iQSTEL through its
subsidiaries (www.etelix.com ; www.SwissLink-Carrier.com ; www.QglobalSMS.com ; www.itsBchain.com)
offers a “one-stop-shop” for international and domestic VoIP
services, SMS exchange for A2P and P2P, Internet of Things (IoT)
applications, 4G & 5G international infrastructure
connectivity, as well as blockchain-based payment and phone number
mobility platforms to international and domestic Tier-1 carrier for
VoIP, SMS, and Data.
About Etelix.com USA, LLC:
Etelix.com USA LLC www.etelix.com is wholly owned
subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami,
Florida-based international telecom carrier founded in 2008 that
provides telecom and technology solutions worldwide, with
commercial presence in North America, Latin America, and Europe.
Enabled by its 214-license granted by the Federal Communications
Commission (FCC), Etelix provides International Long-Distance voice
services for Telecommunications Operators (ILD Wholesale), and
Submarine Fiber Optic Network capacity for internet (4G and 5G).
Etelix was founded in 2008 and has been profitable since
inception.
About SwissLink Carrier AG:
SwissLink Carrier AG www.swisslink-carrier.com is
a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a
Switzerland based international Telecommunications Carrier founded
in 2015 providing international VoIP connectivity worldwide, with
commercial presence in Europe, CIS and Latin America. SwissLink
Carrier AG is a Swiss licensed Operator, having a domestic
Interconnect with Swisscom, allowing their international Carrier
Customers direct terminations via SwissLink into all Switzerland
Fix & Mobile Networks. Since the takeover from Swissphone in
November 2018 and the rename into SwissLink, they operate on a
profitable level.
About QGlobal SMS LLC.:
QGlobal SMS LLC www.qglobalsms.com is a 51%
owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company
founded in 2020 specialized in international and domestic SMS
termination, with emphasis on the Applications to Person (A2P) and
Person to Person (P2P) for Wholesale Carrier Market and Corporate
Market in US. QGlobal SMS has commercial presence in Europe, USA
and Latin America. QGlobal SMS has robust international
interconnection with Tier1 SMS Aggregators, guarantying its
customers high quality and low termination rates, over more than
100 countries worldwide.
iQSTEL
Inc.
IR US Phone:
646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL
Inc.
www.iqstel.com ; www.swisslink-carrier.com ; www.etelix.com ; www.qglobalsms.com ; www.itsBchain.com
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