Blockchain Is A Multi-Task New Technology That Will Drive 5G, Change Global Communica-tions
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. iQSTEL Inc. (OTC: IQST) has 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.
Blockchain and 5G M&A are in the news daily. Media companies such as Stock Market Press are reporting on the fast growing blockchain 5G telecommunications market. 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 Is A Multi-Task New Technology That Will Drive 5G, Change Global Communications
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.
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. Appliances will be smart and communicate with each other —- telling owners when food needs to be resupplied. With smart contracts and privacy protection, blockchain solutions will play an important role in 5G telecommunications. Blockchain is a multi-task new technology that will drive 5G, change global communications.
iQSTEL’s (OTC: IQST) itsBchain Is a Subsidiary Blockchain Solutions Provider
iQSTEL Inc.’s (OTC: IQST) 75% stake in itsBchain, a blockchain solutions provider, illustrates how iQSTEL and its subsidiaries plan to develop in-house telecom blockchain solutions based on blockchain and artificial intelligence (AI) technologies. Its new products will be aimed for the carrier, corporate and retail markets.
itsBchain Is ‘Uniquely Positioned” To Develop Telecom Applications
Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said that itsBchain “is uniquely position to develop telecom applications based on smart contracts and blockchain technologies.” He added that he believes the synergy between the company’s subsidiaries, as well as its existing clientele, will greatly benefit from the new acquisition. It is expanding subsidiaries and offering clients more telecom services in the carrier, corporate and retail markets. Blockchain is a multi-task new technology that will drive 5G, change global communications.
iQSTEL Inc. (OTC: IQST) Record Revenues And Growth For 2020 Seen
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. Mr. Iglesias has been invited for an interview March 25 at NASDAQ Marketsite in Times Square, New York, to discuss the company’s performance and its future plans.
Based on its growth by acquisition and organic increases, iQSTEL Inc. (OTC: IQST) will seek an up listing of its common stock away from the pink sheets to a higher exchange, Mr. Iglesias said. 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.”
QSTEL Inc. (OTC: IQST) Subsidiaries Expand Capabilities In Blockchain, 5G
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. The parent company, including its subsidiaries, reported 2019 sales of near $22 million, an 18.5% jump from the prior year. In January 2020, QSTEL Inc. (OTC: IQST) reported companywide consolidated monthly net sales of $1,844,258, with the company showing 32% growth for the month when its SwissLink subsidiary is also factored in. Subsidiary Etelix reported January 2020 sales of $1,459,358, its highest grossing January since inception in 2007. Etelix exhibited 4% organic growth for January, the company said.
Source: Stock Market Press
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