Telemedicine And Smart Contracts Surge In New Telecommunications World Of Blockchain And 5G


Blockchain and 5G are making a major contribution to solutions in the coronavirus pandemic — surging activity in telemedicine and smart contracts. Both are vital as remote services that will survive the current coronavirus global lockdowns and take a role in the future of everyday medicine and commerce. Faster and more sophisticated telecommunications will make remote medical treatment and across-border payments and global transactions fueled by blockchain innovations a part of everyday life.

Media companies such as Stock Market Press are reporting on the fast growing 5G and blockchain 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), Sprint (NYSE: S) and Ericsson (NASDAQ: ERIC) in 5G. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.

Telemedicine And Smart Contracts Surge In New Telecommunications World Of Blockchain And 5G

International telecommunications are making telemedicine far more than a future concept — it is surging today, a way for physicians and their assistants to monitor, diagnose and treat patients by phone and screen. The U.S. government is already permitting doctors to treat Medicare patients by Skype or FaceTime. Arcane billing rules which complicated virtual medical treatment across state lines are being waived. Medical treatment will never be the same. Telemedicine and smart contracts surge in new telecommunications world of blockchain and 5G.

Blockchain is also disrupting industries with Smart Contract technology that simplifies provider switching (while keeping a number), mitigates fraud in international payment processing and even offers full transparency to business influencers and legal teams in negotiating and then maintaining contracts. Telemedicine and smart contracts surge in new telecommunications world of blockchain and 5G.

iQSTEL (OTC: IQST) Plays Role In Blockchain and 5G Innovation

Firms such as  iQSTEL (OTC: IQST) and others are providing health care professionals unprecedented communications speed and telemedicine options for first line doctors and nurses. 5G and blockchain telecommunications firms, like iQSTEL (OTC: IQST), are providing important network benefits during coronavirus pandemic. Due to their success during this pandemic, these firms are changing the landscape of telemedicine and smart contracts.

5G Communications Firms, Like iQSTEL (OTC: IQST), Are Providing Important Network Benefits During Coronavirus Pandemic

Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said, “5G communications, along with IoT (Internet of Things) and other 5G-centric technologies, have already been providing significant benefits worldwide, that can be used in such situations as the current COVID-19 pandemic, allowing doctors to participate in real-time patient diagnostics, real-time patient diagnostics, remote surgeries among countless other benefits.

5G Communications Firms, Like iQSTEL, Are Providing Important Global Network Benefits During Coronavirus Pandemic

“It’s in these times that we are reminded how important the work we really do, really is,” he said. “Our network is currently being used by doctors, nurses reaching out to the affected public, allowing less-needed patients to be treated by phone, while in some cases giving life-saving guidance and advice to others. Also, by the very many families desperately seeking to connect with their loved ones in the times of uncertainty. It is in these moments that we realize how important our job is and how proud we are to be ale to serve our customers.”

He noted that existing 3G and 4G networks have already been pushed to their limit globally due to the pandemic. He said that this issue validates iQSTEL’s (OTC: IQST) mission to bring 5G service to many parts of Central and Latin America. 5G communications firms, like iQSTEL (OTC: IQST), are providing important network benefits during coronavirus pandemic.

Mr. Iglesias said, “5G not only increases bandwidth 10-fold or more, surpassing most cable internet systems, it also reduces the latency (delay between back-and-forth communications) significantly.”

Allied Market Research projects that 5G will reach a value of $667.9 billion by 2026. iQSTEL’s (OTC: IQST) reported 46% jump In February sales and 39% rise In YTD 2020 volume is only a glimpse of the company’s 5G future aggressive growth plans. iQSTEL (OTC: IQST) is a 21st century enhanced telecommunications service provider offering a wide range of cloud-based services. It offers 5G and blockchain solutions to carriers in the enterprise, international, domestic and retail markets. Its other features include VoIP series, SMS exchange for A2P and P2P and Internet of Things (IoT) applications.

In blockchain, iQSTEL (OTC: IQST) is also making an impact on international payment processing transactions and other activities. Its news itBchain subsidiary, a blockchain solutions company, is changing telecommunications with its mobile portability innovation by making the act of  consumers of switching carriers while keeping a number intact is now much simpler and quicker.

Multiple Subsidiaries Make iQSTEL (OTC: IQST) A ‘One-Stop-Shop’

iQSTEL Inc.’s (OTC: IQST) digital 5G communications will impact the future of quick remote communications. iQSTEL (OTC: IQST) is ready for growth. Company sales in February reached $1,688,206 consolidated including all subsidiaries. It attained a 39% rise when it attained $3,546,058 for year-to-date 2020 compared to $2.5 million the same period in 2019. 5G communications firms, like iQSTEL (OTC: IQST), are providing important network benefits during coronavirus pandemic.

iQSTEL Inc.’s (OTC: IQST) Etelix Subsidiary Is Based In Miami

iQSTEL Inc. (OTC: IQST) has  numerous subsidiaries in the 5G industry and is competitively bidding for more. Wholly-owned, Miami-based subsidiary, USA, LLC, an American-based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G) is vital. The parent company also owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. Additionally, 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. Recently, it added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain LLC, a blockchain technology developer.

iQSTEL, Inc. (OTC: IQST) Is Primed To Grow In 5G Telecommunications

iQSTEL, Inc. (OTC: IQST) is seeking more 5G-capable companies. With a recent $25 million acquisition fund commitment from a New York-based investment banking firm, it has received an invitation to submit a Request For Information (RFI) from a central American fiber-optic network firm which could lead to a controlling interest in that future 5G company. The company has also added Italo Segnini, a telecommunications expert with valuable industry contacts across Central America, to iQSTEL, Inc.’s (OTC: IQST) Advisory Board. His industry knowledge makes him a valuable asset as the company expands.

Lockdown A Driver For 5G Telecommunications?

The virtual global lockdown caused by the coronavirus may be a driver for 5G and its high speed remote telecommunications offerings. Faster Internet of Things (IoT), SmartPhones and other remote telecommunications — with more people working from home — may be desired with 5G and blockchain when this worldwide lockdown is over.

Source: Stock Market Press

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