Blockchain Is Playing Significant Role In Shaping Telecommunications Landscape, Fighting Coronavirus Pandemic


iQSTEL Inc. (OTC: IQST) and its 75% owned itsBchain subsidiary are changing the fast-moving  telecommunications landscape. iQSTEL’s test release of its blockchain-driven mobile number portability and administration platform is an important follow to the $26 billion merger of T-Mobile (NASDAQ: TMUS) and Sprint. It quickly enables smartphone owners who may want to switch carriers but maintain their same number. Meanwhile, a new app is under development by and the Telos Foundation blockchain to enable people to test privately for coronavirus and share valuable results with researchers.

Blockchain technology is in the news daily. Media companies such as Stock Market Press are reporting on the fast growing blockchain and 5G telecommunications market. It keeps readers up to date on 5G 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) 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 Playing Significant Role In Shaping Telecommunications Landscape, Fighting Coronavirus Pandemic

Blockchain is a new technology that is flexible and disrupts many industries. For example, iQSTEL Inc. (OTC: IQST) And subsidiary itsBchain are offering an important feature driven by blockchain technology to the recent merger of mega-carriers T-Mobile (NASDAQ: TMUS) and Sprint. In a pre-Beta test release, its blockchain-driven mobile number portability and administration platform will be offered to its customers including: Vodafone, Telefonica, Millicom and others. If more SmartPhone owners want to switch carriers while maintaining the same number after that merger, now they can do so faster. Now they’ll be able to perform this transaction with only a few minutes of porting time compared to what had been far longer timeframes.

The platform from iQSTEL Inc. (OTC: IQST) and subsidiary itsBchain offers transparency and security to this transaction, using a combination of mobile applications with smart contracts and blockchain technology. In just three clicks, it enables the porting. Prior, the user had to use an ‘archaic’ system taking days or weeks employing a two-party verification system. Instead, the iQSTEL Inc. (OTC: IQST) and subsidiary itsBchain’s new platform of mobile number portability application porting reduces the timing of  this process to mere minutes. And The Telos Foundation Partner On New COVID-19 App

I another blockchain application, and The Telos Foundation are jointly developing a new app designed to permit private and secure testing for the coronavirus — and give consumers the option to report the results anonymously to authorities. It is designed to enable people who may not want to be tested and identified by name. The new app — scheduled for release in April — would permit these people to test in private and without names and, if they wish, offer results to researchers who need this result data to fight the coronavirus. The Telos website offers more details on the blockchain based secure app.

iQSTEL Inc. (OTC: IQST) and subsidiary itsBchain Planning On Multiple Blockchain Platforms In The Future

Blockchain has an important future in telecommunications. Referring to his company’s mobile number portability application porting platform, Mr. Iglesias, CEO of iQSTEL Inc., (OTC: IQST) said, “We are very pleased with the rapid development and completion of the Alpha-testing phase. Our intimate knowledge of the industry, along with extensive client and consumer discussions, brought about this highly in-demand platform. The blockchain-based platform is just the first of multiple platforms itsBchain and iQSTEL are working on to bring the telecommunications market into the 21st Century.”

iQSTEL Inc. (OTC: IQST) Adds To Telecommunications Subsidiaries

In addition to the 75% stake in subsidiary itsBchain LLC, iQSTEL Inc. (OTC: IQST) wholly owns Miami-based subsidiary, 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 also 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.

Source: Stock Market Press

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