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Blockchain changes the Telecom industry and opens great opportunities for crypto community
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Bubbletone and SIMYO to Launch a Pilot Project
Bubbletone and SIMYO, a major MVNO in Spain, have signed a memorandum of understanding to establish a partnership and implement a pilot project regarding the use of blockchain technology in commercialization of telecom services — abroad communications mobile products for Spain incoming roamers.
According to the memorandum, the companies will establish a working group of designated responsible persons for research, development, and advancement of the blockchain pilot project. The group will set up an experimental zone for the “Distribution of prepaid mobile services with zero acquisition cost” use case.
“SIMYO is convinced that Blockchain is a key technology for the present and for the future; especially in the Telecom Market. New business opportunities are appearing based on Blockchain and SIMYO will be in the state of art for these new operations accordingly with our innovative approach in product development. This pilot project with Bubbletone will help us to explore how to spread our commercial offering abroad, to new customers coming to visit Spain”, said Jesus Noguera, CEO at SIMYO.