Blockchain Conferences Set For Paris, Japan, Washington, D.C., Postponed Due To Corona-virus Outbreak
Blockchain conferences and summits, including two scheduled for Washington, D.C, and Paris have been postponed until later in the year. The Paris Blockchain Week Summit meeting, originally scheduled for March 31-April 1, has been rescheduled and ‘anticipated’ to happen December 9-10. The schedule then would remain unchanged, organizers say. The Washington, D. C., Blockchain Summit, originally set for March 11-12, will be rescheduled for a later unannounced date at this time. The TEAMZ Blockchain Summit, the largest blockchain summit in Japan, has moved from April 22-23 to September 28.
Blockchain is in the news daily. Media companies such as Stock Market Press are reporting on the fast growing blockchain and 5G telecommunications markets. It keeps readers up to date on 5G and blockchain company stocks such as iQSTEL Inc. (OTC: IQST), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS), Sprint (NYSE: S) and Ericsson (NASDAQ: ERIC), HIVE Blockchain Technologies Ltd. ( (OTC: HVBTF) and Long Blockchain Corp. (OTC: LBCC) in 5G and blockchain networks. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
Blockchain Conferences Set For Paris, Japan, Washington, D.C., Postponed Due To Coronavirus Outbreak
These blockchain summits and conferences discuss such subjects as how blockchain will impact international financial services, digital currency made possible by blockchain, ‘smart’ contracts disrupting the legal profession, how blockchain technology is strengthening supply chains and blockchain infrastructure and the impact on capital markets. Blockchain conferences set for Paris, Japan, Washington, D.C., postponed due to coronavirus outbreak.
How Blockchain Will Drive 5G and Change Global Communications
Blockchain is a multi-tasking new technology that will drive 5G and change global communications. 5G provides quick speed, new features in Internet of Things (IoT), personal and business data and will impact everything from SmartPhones to driverless vehicles. Blockchain also specializes in protecting personal privacy as it disrupts businesses and change global communications. Blockchain conferences set for Paris, Japan, Washington, D.C., postponed due to coronavirus outbreak.
The combination of blockchain and 5G will speed not only the integration of 5G into global markets, but they will also serve to protect individual privacy which is an important issue in the new data telecommunications world as it further disrupts industries. Blockchain is seen as an important driver of 5G launch in telecommunications. Blockchain conferences set for Paris, Washington, D.C., postponed due to coronavirus outbreak.
iQSTEL’s (OTC: IQST) itsBchain Is a Subsidiary Blockchain Solutions Provider
iQSTEL Inc. (OTC: IQST) has recently closed on its purchase of a 75% stake of itsBchain, a blockchain solutions provider, with plans to develop in-house telecom blockchain solutions based on blockchain and artificial intelligence (AI) technologies in the carrier, corporate and retail markets.
Experts see a combination of blockchain technology and 5G as important in the development of faster global telecommunications as well as individual security. Together, they will change society in the future with faster internet, quicker international payment processing, driverless vehicles, fast SmartPhones communications, overhauled smart cities and even smarter homes.
itsBchain Is ‘Uniquely Positioned” To Develop Telecom Applications
Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said that itsBchain “is uniquely positioned to develop telecom applications based on smart contracts and blockchain technologies.”
Blockchain Technology Turns The Payment Processing World Upside Down
In a statement, iQSTEL Inc. (OTC: IQST) said, “Blockchain technology is turning the payment processing world upside down. Rapid processing with fraud mitigation all in one forensic friendly system will drive the Telecom market out of the dark ages into the 21st century.” The software blueprint is for its blockchain-based Voice, SMS and Data Wholesale Carrier Settlement and Payment Platform.
Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), Sees Receivables Time Frames Fall
Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), said, “The demand for an efficient Tier-1 payment system is felt across the telecom industry as a whole. Currently, receivables time frames are 35-40 days. Our vision in istBchain is to be the first blockchain solution for this market, dramatically reducing the receivables time frame to as little as a day.”
He said he anticipated early Q3 delivery for beta testing the payment solutions platform with some of the company’s largest carrier clients, such as Telefonica (Spain and Latin America), Millicom (Tigo brand for Latin America), Telecom Italia and Deutsche Telecom.Like the transparency engendered by a new legal smart contract, an important element of the blockchain-based payment solution software blueprint by itsBchain is fraud prevention.
iQSTEL (OTC: IQST) Reports A 46% Jump In Consolidated Sales For February 2020
As 5G and blockchain innovation impacts telecommunications globally, iQSTEL (OTC: IQST) today (March 18, 2020) reports a 46% jump in consolidated sales for February 2020 and a 39% year-to-date rise for the January/February period compared to one year ago. The company sales reached $1,668,206 consolidated including all subsidiaries, and attained $3,546,058 for January/February 2020 compared to $2.5 million the same period in 2019.
Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said, “Our core organic business has seen a 39% YOY revenue growth based on a combination of new client acquisitions and cross-selling our new European interconnections to our existing carrier network. We are thrilled to see our business plan unfolding with such stellar results. The ramp up of the interconnections agreement with our recently acquired Global SMS, and later in the year with itsBchain’s blockchain payment platform, will further enhance our ability to cross-sell ‘in-house’ and expand across European and Latin American markets.”
iQSTEL Inc. (OTC: IQST) Record Revenues And Growth For 2020 Seen
QSTEL Inc. (OTC: IQST) has several subsidiaries including wholly-owned Etelix, an American based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). Another is 51% owned SwissLink Carrier AG. SwissLink Carrier AG, which provides international VoIP connectivity worldwide and more.
Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), says the company sees record revenues and growth for 2020. One reason is that the firm offers a wide array of services in the field: Blockchain solutions, Internet of Things (IoT) solutions, 5G network capacity and Mobile Virtual Network Operator (MVNO) services and more. He added, “Our mid and long-term goals of our Company are very ambitious therefore we need to list in an exchange that can attract the sort of long-term institutional investors for our company due to its solid business and forecast.”
Source: Stock Market Press
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