INTELLIGENT MOBILE TECHNOLOGY
Nexign Partners with Bubbletone
to deliver revolutionary Blockchain
solution for telcos
The platform creates a global marketplace where operators can publish and share product
information as well as buy and resell as-is, or bundle, offerings from other operators.
exign and Bubbletone have
announced an exclusive
partnership to develop an
industry-first Blockchain-based Business
Support Systems (BSS) solution for the
telecom sector.
The two companies aim to create a global
marketplace for telecom operators, giving
them the ability to collaborate with each
other and consequently offer individually
determined volumes and qualities of
services to end users, an option that has not
previously existed.
By facilitating seamless and secure
exchange of financial and identity information
between mobile network operators, phone
users and service providers, the solution will
enable roaming users to instantly purchase
service packages, at local operator rates,
using their existing SIM card.
As a consequence, operators will benefit
from BSS with embedded Blockchain,
enabling them to increase the efficiency of
their business through rapid and seamless
joining of the Bubbletone platform. Once
operators join the platform, they will be able
to expand their customer bases and increase
revenue, without any additional costs, through
distribution of digital value-added services.
Yuri Morozov, CEO and Founder of
Bubbletone Blockchain for Telecom, said:
“The idea behind this project is to attract
as many mobile operators as possible to
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the Bubbletone ecosystem and show them
how easily they can take full advantage of
Blockchain technology and get direct access
to the international telecom market in the
digital economy era.
“Thanks to our exclusive partnership with
Nexign, we will be able to provide mobile
operators with a complex solution – for
smooth incorporation into our Blockchain-
based platform – that doesn’t require
any hardware customisation or advanced
integration processes.”
According to Research and Markets,
Blockchain in the telecom market is
predicted to grow at a CAGR of 84.4%
between 2018 and 2023, driven in large
part by increasing support for OSS/BSS
processes. The Blockchain-based BSS
solution from Nexign and Bubbletone
has the potential to revolutionise the
way operators do business and monetise
services, for three key reasons:
The platform creates a global marketplace
where operators can publish and share
product information as well as buy and
resell as-is, or bundle, offerings from other
operators, to visitors in their network
With full support for e-SIM, IoT Apps tokens
and any ASP/OTT subscriptions, operators
can now offer their own authentication
service, publish their own tokens and
sequences and sell direct to partners
without any need for intermediaries
Yuri Morozov, CEO and Founder of
Bubbletone Blockchain for Telecom,
and (R) Loukas Tzitzis, Chief Products
and Marketing Officer at Nexign
The Blockchain network acts as a clearing
house, checking all partial charge/volume
transactions and mitigating any settlement
risks before the billing period ends
Loukas Tzitzis, Chief Products and
Marketing Officer at Nexign, said: “Over the
past 26 years, through our focus on customer-
centric, business-driven innovation, we have
consistently created unique solutions for the
telco industry that have enabled operators
to provide exceptional customer service and
grow their revenue streams.
“Blockchain technology has the potential
to open up a range of new and exciting
opportunities for operators around the
world and we are confident that the
exclusive collaboration between Nexign
and Bubbletone will result in an industry-
leading Blockchain-based BSS solution that
will deliver business value seamlessly on a
global scale.”