iQSTEL’s Subsidiary itsBchain
Reaches Preliminary Agreement With Cynopia for Next Phase of
Blockchain-based Settlement and Payment Marketplace Platform
NEW YORK, NY -- June 29, 2020 -- InvestorsHub NewsWire -- iQSTEL
Inc. (IQST),
a leading-edge 21st Century Enhanced Telecommunications Service
Provider, is pleased to announce the next phase of our
blockchain-based Settlement and Payment Marketplace platform has
begun. Cynopia LTD, a London, UK firm, will be providing consulting
and development services for this platform.
Cynopia LTD (https://www.cynopia.com/) is led by
Francesco Fiacchi, formerly VP and Director of Mobile VAS WAU Movil
(30+ carriers directly connected), business developer for Inspired
Broadcast in the UK, and financial consultant for Deloitte, with 25
years experience in IT and Telecom industries. His Linkedin
profile: https://www.linkedin.com/in/francescofiacchi/
Mr. Fiacchi comments: “We are really proud to be part of
itsBchain’s blockchain projects. We recently completed several
Blockchain development ventures related to the cryptocurrency
industry, and we look forward to challenging ourselves and bringing
our extensive Blockchain and Artificial Intelligence (AI) knowledge
and experience to itsBchain.”
“The blueprint for our Settlement and Payment Marketplace
platform has been completed and we look forward to working with
Cynopia and Francesco Fiacchi to bring about the production
platform. Their expertise in Blockchain and AI complements our
goals perfectly. Our estimated ‘go live’ date is sometime in Q1 of
2021,” Mr. Iglesias concluded.
About iQSTEL Inc.:
iQSTEL Inc (IQST) www.iQSTEL.com
is a US-based publicly listed company offering leading-edge
21st Century Enhanced Telecommunications Services with a focus
on a wide range of cloud-based enhanced services to the Tier-1 and
Tier-2 carriers, corporate, enterprise, as well as the retail
market. iQSTEL through its subsidiaries Etelix, SwissLink, QGlobal
SMS, SMSDirectos, IoT Labs, IoT Smart Gas Platform, itsBchain
offers a "one-stop-shopping” for international and domestic VoIP
services, IP-PBX services, SMS exchange for A2P and P2P,
OmniChannel Marketing, Internet of Things (IoT) applications (IoT
Smart Gas Platform), 4G & 5G international infrastructure
connectivity, as well as blockchain-based platforms: Mobile Number
Portability Application (MNPA) and Settlement & Payments
Marketplace for VoIP, SMS and Data.
About Etelix.com USA, LLC:
Etelix.com USA LLC (www.etelix.com) is a 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 and a
commercial brand 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 the US. QGlobal SMS has commercial
presence in the US, Mexico, Latin America, EMEA (Europe, Middle
East, Asia), and Africa, through our SMS service providers based in
Austin, TX and Miami, FL. Our Austin-based SMS service provider is
specialized in the SMS traffic exchange between the US and Mexico,
and our Miami-based SMS service provider is focused on the
development of Latin America and the rest of the word. QGlobal SMS
has robust international interconnection with Tier1 SMS
Aggregators, guaranteeing its customers high quality and low
termination rates, over more than 100 countries worldwide.
About Alcyon Cloud SMS S.A.S
(Commercial BrandSMSDirectos.com):
Alcyon Cloud SMS S.A.S. (Commercial
BrandSMSDirectos.com), is a whole subsidiary of QGlobal SMS, a
Colombian-based Application and Content Provider. Alcyon Cloud SMS
(SMSDirectos.com) is registered with the Secretary of Information
and Communication Technology (ICT) in Colombia, offering services
to government, enterprises, small and medium business, as well as
end-users. Using SMSDirectos’ existing network, they plan to expand
services from SMS to offer omnichannel products and services such
as: SMS, Emails, RCS (Rich Communications Services), Social Media
Channels (Whats App, Messenger, etc), WebRTC (Web Real-Time
Communication), VoIP (IP-PBX, SIP Trunking) ChatBots (Artificial
Intelligence Based), SMS to Email, and Email to
SMS.
About IoT Labs MX
SAPI:
IoT Labs MX SAPI (www.iotlabs.mx), a subsidiary of iQSTEL Inc., is an Internet of
Things (IoT) Mexican technology development company, creator of the
“IoT Smart Gas” Platform and Application. The IoT Smart Gas
platform www.iotsmartgas.comconsists of an IoT field
device installed on the LP gas tank (adaptable to virtually any gas
or liquid storage tank) and, thanks to the Internet of Things (IoT)
technology via Sigfox or GSM network connectivity, allows remote
managed and improved logistic processes of refilling, usage
tracking and tank monitoring in real-time by the Smart Gas mobile
app. The new GSM tracking feature allows for mobile use including
ground, air, and sea tank
monitoring.
About itsBchain
LLC.:
itsBchain LLC (www.itsBchain.com) is
a 75% owned subsidiary of
iQSTEL Inc. itsBchainis
a blockchain technology developer and solution provider, with a
strong focus on the telecom sector. The company is the final
stage of development of a series of blockchain solutions aimed at
using the blockchain ledger and smart contract solutions to
enable more efficiency, quickness in execution, and
fraud-prevention in the telco industry. Specifically, the
company is developing a solution that will enable users and
carriers to transfer mobile phone numbers with just a few clicks,
allowing users and carriers the ability to transfer
retail users from one mobile carrier to another
instantly. Additionally, the company is finalizing a
carrier-grade marketplace solution to procure payments between
carriers for cross-traffic of VoIP, SMS, and data realtime as
traffic is crossed between carriers. This marketplace will
allow for instant payment settlement as well as the prevention of
fraud between
carriers.
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
IREmail:investors@iqstel.com
Source: iQSTEL Inc. and its
subsidiaries:
www.iqstel.com; www.etelix.com; www.swisslink-carrier.com; www.qglobalsms.com; www.smsdirectos.com; www.iotlabs.mx; www.iotsmartgas.com; www.itsBchain.com
iQSTEL (QX) (USOTC:IQST)
Historical Stock Chart
From Mar 2024 to Apr 2024
iQSTEL (QX) (USOTC:IQST)
Historical Stock Chart
From Apr 2023 to Apr 2024