5G Seen As A Catalyst For Blockchain — Will It Be The ‘Biggest Thing” to Happen To Blockchain, Cryptocurrencies And Distributed Ledger Technology; iQSTEL Inc. (OTC: IQST) Sees Its Future In 5G
5G is more than just a fifth generation of telecommunications. Some sites, such as Bitcoin Exchange Guide, also see it as a catalyst in the movement of cryptocurrency worldwide — especially among developing nations in 2021. To the developed world, 5G will drive artificial intelligence (AI), smart devices, augmented reality (AR) and a faster internet and telecommunications. To the developing world, 5G could drive secure cryptocurrencies settlement payments, blockchain applications and distributed ledger technologies (DLT). To companies such as iQSTEL Inc. (OTC: IQST), 5G is the future.
Media companies such as Stock Market Press are reporting on the fast growing telecommunications market. It keeps readers up to date on company stocks such as iQSTEL Inc. (OTC: IQST), amazon.com (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL), Telefónica SA (NYSE: TEF), Samsung Electronics Co. Ltd. (OTC: SSNLF), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS),Ericsson (NASDAQ: ERIC), DISH Network Corporation (NASDAQ: DISH), Nokia Corporation (NYSE: NOK), Liberty Global (NASDAQ: LBTYA) and Vodafone Group PLC (NASDAQ: VOD).
5G Seen As A Catalyst For Blockchain — Will It Be The ‘Biggest Thing” to Happen To Blockchain, Cryptocurrencies And Distributed Ledger Technology; iQSTEL Inc. (OTC: IQST) Sees Its Future In 5G
An analysis by Bitcoin Exchange Guide asserts that 5G is far more than just quicker internet and and telecommunications. It could be the ‘biggest thing’ to happen to blockchain, cryptocurrencies and distributed ledger technology (DLT). It will be to developing countries a vital player in global settlements/payments in the form of cryptocurrencies, such as Bitcoin. It makes cryptocurrency currency settlement payments secure, safe, transparent and simple. 5G will offer to countries such as India and Brazil access to SmartPhones on a broader scale and bring these markets into the crypto revolution, mobile banking and other SmartPhone apps.
Secure mobile banking will be another outgrowth — with banks feeling more secure with blockchain and distributed ledger technology banking. It makes global banking transactions transparent, fast and safe. SmartPhones are also expected to use 5G to make Internet of Things (IoT) more accessible and increase blockchain applications. It could generate blockchain scalability in the future, the site says. 5G Seen As A Catalyst For Blockchain — Will It Be The ‘Biggest Thing” to Happen To Blockchain, Cryptocurrencies And Distributed Ledger Technology; iQSTEL Inc. (OTC: IQST) Sees Its Future In 5G.
iQSEL, Inc.’s (OTC: IQST) Is Already Using IoT Technology For A Remote Monitoring App
iQSEL, Inc.’s (OTC: IQST) recently acquired IoT Labs MX SAPI. This Internet of Things (IoT) company is the creator of the “IoT Smart Gas” platform and application. Its app permits owners remote management LP Gas in fuel trucks and other liquids as well — from milk to any other beverage. It is efficient and effective. iQSEL, Inc.’s (OTC: IQST) plans to expand its marketing to more geographic locations in the future.
iQSEL, Inc.’s (OTC: IQST) sees more of its innovative applications play a role in the future of telecommunications. These include an app that permits consumers to quickly and securely change providers while keeping their phone number. Another offers financial institutions quick and secure global payments/settlements, mitigating fraud. It also cuts costs. 5G Seen As A Catalyst For Blockchain — Will It Be The ‘Biggest Thing” to Happen To Blockchain, Cryptocurrencies And Distributed Ledger Technology; iQSTEL Inc. (OTC: IQST) Sees Its Future In 5G.
iQSEL, Inc.’s (OTC: IQST) Boasts Significant Telecom Operations Management Experience
The iQSEL, Inc.’s (OTC: IQST) business model combination of organic growth and by acquisition of subsidiaries is working. Mr. Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said the Company’s first half 2020 financials represent “further proof that our business model, a combination of corporate growth and acquisitions, is working very well. All of our operating subsidiaries just reached a major milestone, going Net Income positive. Our management experience in Telecom Operations has been key in the achievement of these results. We look forward to fantastic Q3 and Q4’s as we anticipate further corporate and subsidiary developments leading in to 2021,” Mr. Iglesias said. 5G Seen As A Catalyst For Blockchain — Will It Be The ‘Biggest Thing” to Happen To Blockchain, Cryptocurrencies And Distributed Ledger Technology; iQSTEL Inc. (OTC: IQST) Sees Its Future In 5G.
iQSEL, Inc.’s (OTC: IQST) footprint now includes the U.S., Latin America, Mexico, Europe and other global regions. Its solid financial performance thus far in 2020 promises to be a forerunner of more sharp gains ahead. Mr. Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said, “Our growth during 2020 has been phenomenal and is attributed to our focus on strong carrier agreements and strategic subsidiary acquisitions.” He added, “Our subsidiaries shine as success stories, even at this early stage, as was seen in our recent release detailing their individual net income.”
iQSTEL, Inc.’s (OTC: IQST) First Half YTD 90% Volume Increase To $16.1 Million And Q2 2020 362% Spike In Net Income To $1.2+ Million Sets Stage For Full Year 2020 Gains
iQSTEL, Inc. (OTC: IQST) reported sharp jumps in both volume and net income in 2020. Sales jumped by 90% to $16.1 million for the first half YTD 2020 and it reported a 362% spike in net income to $1.2+ Million for Q2 2020. All operating subsidiaries of the 21st Century enhanced telecommunications service provider generated positive net income for the parent Company. These subsidiaries include: Etelix, SwissLink, QGlobal and IoT Labs. All showed a positive net income for the Q2 2020 reporting period.
iQSTEL, Inc. (OTC: IQST) Expands Network Of Subsidiaries
The parent company owns a 75% stake in blockchain subsidiary itsBchain LLC, iQSTEL Inc. (OTC: IQST) wholly owns Miami-based subsidiary, Etelix.com USA, LLC, an American-based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). It owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. It owns 51% of QGlobal SMS LLC, a U.S.-based company which has international interconnection with Tier 1 SMS aggregators to more than 100 countries worldwide. It has acquired 51% of an Austin, Texas-based SMS U.S.-Mexico Service provider. Most recently it acquired IoT Labs MX SAPI. This Internet of Things (IoT) company is the creator of the “IoT Smart Gas” platform and application.
Source: Stock Market Press
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