iQSTEL Inc.’s. Quick Pivoting Management Team Proves It Can Bring Blockchain Innovation And 21st Century Products To Global Telecommunications Industry
The management team at iQSTEL Inc. (OTC: IQST) pivots quickly to bring blockchain and artificial intelligence (AI) 21st Century products to the global telecommunications industry and apply the most sophisticated technology to key issues. These include the Company’s mobile portability and international payments/settlements innovative apps that solve issues of speed, fraud and real time transactions plus 5G telecommunications and a new landscape of providers.
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iQSTEL Inc. (OTC: iQST) Quick Pivoting Management Team Proves It Can Bring Blockchain Innovation And 21st Century Products To Global Telecommunications Industry
Leandro Iglesias, CEO of iQSTEL Inc. (OTC: IQST), heads a management team deep in experience that can identify needed new sophisticated technology and understands how to market it. It utilizes Blockchain, Internet of Things (IoT), AI and a range of products. They include: VoIP, SMS, 5G, blockchain based platforms and Internet of Things (IoT). iQSTEL Inc.’s (OTC: IQST) entry into the market with two blockchain platform entries are mobile portability and speedier global payments/settlements. QSTEL Inc.’s (OTC: iQST) Quick Pivoting Management Team Proves It Can Bring Blockchain Innovation And 21st Century Products To Global Telecommunications Industry.
The Impact Of itsBchain LLC Subsidiary
Leandro Iglesias, CEO of iQSTEL Inc. (OTC: IQST), said that the Company’s 75%-owned subsidiary blockchain solutions provider itsBchain LLC now provides two key products to the global telecommunications market. The first one is a platform enabling quick mobile number portability app (MNPA) for consumers who wish to change networks while keeping the same number. In three clicks, the change is made. Second, is an industry disrupting secure and fast international payments/settlements solutions that quickly makes in real time transactions online that reduce cost and simplify commercial transactions. Both are projected as industry-leading, long term revenue stream providers, Iglesias said.
iQSTEL’s (OTC: IQST) Mobile Number Portability App (MNPA) Is Well Positioned For 5G
iQSTEL’s (OTC: IQST) itsBchain LLC subsidiary’s Mobile Number Portability App (MNPA) is well positioned for the push this year by Apple Inc. (NASDAQ: AAPL) and Verizon (NYSE: VZ) into 5G iPhones and 5G Networks. The blockchain and artificial intelligence (AI) driven MNPA enables anticipated mobile phone users to quickly and securely make a porting change to a new provider while keeping the same number. 5G changes to the market may mean more phone users seek new providers while keeping their number. Instead of an archaic days to weeks timeline requiring 2-party verification, this transaction can now take only minutes with the itsBchain LLC MNPA app.
Blockchain’s Role In Global Payment Processing
Companies such as American Express (NYSE: AXP), Visa (NYSE: V), Discover (NYSE: DFS), MasterCard (NYSE: MA) and other financial institutions are increasingly relying on blockchain for their global payment processing — seeking the benefits of distributed ledger record-keeping and transparency in large cross-border transactions. As blockchain disrupts FinTech and international banking, iQSTEL Inc. (OTC: IQST) and itsBchain LLC subsidiary have developed blockchain-driven software with other advantages: reduced costs, a shortened receivables timeframe and fraud mitigation, even after a transaction is completed.This product is especially well-timed as hard pressed American retailers seek to cut bank and interchange fees in the global payments system.
iQSTEL Inc. (OTC: IQST) acquired the 75% stake of itsBchain LLC, which has completed its blockchain-based payment solution software blueprint for Telefonica, Deutsche Telecom and other Tier 1 Carrier Intercepts. The significance is that the blockchain technology blueprint software is disrupting the global banking industry and addresses timing and fraud issues of fund processing in the banking and telephonics industries. QSTEL Inc.’s (OTC: iQST) Quick Pivoting Management Team Proves It Can Bring Blockchain Innovation And 21st Century Products To Global Telecommunications Industry.
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 has acquired IoT Labs Mexico and its star product, the IoT Smart Gas Platform. QSTEL Inc.’s (OTC: iQST) Quick Pivoting Management Team Proves It Can Bring Blockchain Innovation And 21st Century Products To Global Telecommunications Industry.
Source: Stock Market Press
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