Bubbletone ICO: Company Review and UMT Token News Updates

Bubbletone UMT ICO: Telecom Blockchain Cryptocurrency Tokens?

Bubbletone.io aims to create a blockchain platform for a cheaper, international telecom industry. Find out how it works today in our review.

What Is Bubbletone?

Bubbletone is a blockchain platform for the telecommunications world. It’s being developed by a team in Crypto Valley (Zug), Switzerland.

A private pre-sale for Bubbletone tokens (and super nodes and mini nodes) is on until January 20, 2018.

Bubbletone aims to disrupt the telecom industry by making it cheaper for users to make calls and use data while traveling worldwide. At the same time, Bubbletone will reward mobile operators by making it easy for them to expand service worldwide without complex network integrations.

Prior to launching their blockchain technology, Bubbletone worked in the telecom industry for more than 18 years, successfully developing its own MVNO operator company with a client base of over 250,000 subscribers. Now, with blockchain technology, they see an opportunity to disrupt the industry in a major way.

How Does Bubbletone Work?

Bubbletone’s current platform is able to accomplish the following core features and functions:

• Upload mobile profiles onto subscribers SIM cards
• Certified by Oberthur Technologies (OT), one of the world’s largest SIM card manufacturers and Safran Identity & Security (Morpho)
• A beta version of the messenger (called Bubbletone) is available to download today for free for iOS and Android

The unique name of the platform, Bubbletone, is a reference to the fact that the app is “as easy to use as blowing bubbles.” The Bubbletone app contains more than 100 functions today. The most important function, however, is the ability to retain your mobile number in the app during remote swapping of the SIM card profile. Bubbletone will eventually be the first client on a decentralized network based on blockchain technology (Bubbletone’s team is currently developing this blockchain).

The core function for users is the ability to communicate with other users over 3G, 4G, and Wi-Fi networks worldwide.

Bubbletone Benefits

Bubbletone aims to offer all of the following benefits:

• Transactions are incontestable, and operations conducted on the blockchain are nearly impossible to fake or hide (this is a benefit for both operators and clients)
• Data is safe, as the entire blockchain is stored on nodes across the network; someone would need to overthrow the entire blockchain to compromise Bubbletone’s security
• The transaction error rate is minimized because each action is controlled by a strict code on the operators’ nodes
• Less traffic is transmitted among operators, and all interactions are now conducted through a decentralized P2P network
• Any additional code running on the system is void of sensitive information that could be stolen; the only data that needs to be protected is the private key of the participants
• In other words, Bubbletone aims to bring the benefits of blockchain technology to the world of telecom companies. Interactions on the system are governed by smart contracts.

Bubbletone has two tiers of nodes, including super Super Nodes (1 minute UMT) and Mini Nodes (1k UMT). Nodes process millions of smart contracts created by operators and service providers, then receive UMT tokens as rewards for each transaction. Both node tiers also receive extra income from the network development fund (listed as a 100 million UMT fund on the official site).

To become a node on the Bubbletone network and begin earning UMT tokens, you’ll need to purchase UMT tokens through the ICO. The opportunity is being advertised as a “great revenue stream for each crypto-investor”.

Who’s Behind Bubbletone?

Bubbletone is led by Yuri Morozov, the founder of four active telecom companies with $50 million in annual revenue, Oleg Pravin, Sergei Ivanov, and Stepan Gershuni.

The Bubbletone UMT Token ICO Sale

The Bubbletone token sale begins with a pre-sale from October 24, 2017 to January 20, 2018. As of December 2017, 220 Super Nodes are available for purchase along with 200,000 Mini Nodes.

Bubbletone Conclusion

The creators of Bubbletone have a global mobile data exchange with local tariffs in 80 countries, including countries in Europe, North America, Asia, Australia, the Middle East, and Africa. Today, they’re releasing a Bubbletone messaging app built on blockchain technology. That app allows voice and text communication at lower rates than traditional mobile communications, transmitted around the world by a network of nodes and mini nodes.

Unlike traditional messing apps, all messages are sent over 3G, 4G, and Wi-Fi networks. You can send any type of message or communicate with video. SMS group messages are available, and users can switch from private to open modes.

To learn more about Bubbletone and their ongoing token sale, visit online today at Bubbletone.io.