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The Top 3 Blockchain Initiatives for the Telecom Industry
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[QUOTE="Ganibade, post: 303521, member: 50186"] DENT (DENT): DENT is a blockchain-based platform that aims to establish an international market where anybody can buy and sell mobile data bundles. Tokenizing, releasing, and democratizing mobile data and bandwidth is the goal of DENT. The business has created a marketplace and a mobile application that use blockchain technology to enable the buying and selling of mobile data packages. The platform is establishing a clear and simple data pricing environment and operates on a blockchain with Ethereum as its foundation. How does it function? The DENT platform operates in a very straightforward manner. Simply swap out your current mobile-data bundles for one that is more suited to your needs and more affordable for all DENT network customers. QLINK (QLC) is the first public blockchain for a decentralized network, and is now referred to as QLC Chain. A system where users may purchase connectivity from their peers is what QLC Chain is imagining. This includes renting out Wi-Fi access, selling extra bandwidth to other users, and getting cell service from a base station inside someone's home. In a broader sense, the project aims to create a Network-as-a-Service architecture that would use smart contracts to support dapps and other network features and functionalities. By decentralizing the market for telephony and connection, the QLC Chain network is seeking to address issues with oversupply of network capability, undersupply of network access, centralized operations, etc. How does it function? Anyone can use the QLC Chain platform. TELCOIN (TEL): Telcoin is the first cryptocurrency that aims to enhance how mobile telecom and blockchain technology interact with one another. It is based on the Ethereum blockchain and works anywhere as long as you have access to the recipient's mobile number. A cryptocurrency called Telcoin will only be offered by GSMA mobile network operators. How does it function? The mobile network operators will receive the Telcoin, and they will then sell it to their customers. It will make it easier to send money quickly, access cryptocurrency, and make card payments backed by cryptocurrency.. [/QUOTE]
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