Nexign, Bubbletone partner for telecom blockchain solutions
Nexign and Bubbletone have announced an exclusive partnership to develop an industry-first blockchain-based Business Support Systems (BSS) solution for the telecom sector. The two companies aim to create a global marketplace for telecom operators, giving them the ability to collaborate with each other and consequently offer individually determined volumes and qualities of services to end users—an option that has not previously existed.
“The idea behind this project is to attract as many mobile operators as possible to the Bubbletone ecosystem and show them how easily they can take full advantage of blockchain technology and get direct access to the international telecom market in the digital economy era. Thanks to our exclusive partnership with Nexign, we will be able to provide mobile operators with a complex solution―for smooth incorporation into our blockchain-based platform—that doesn’t require any hardware customization or advanced integration processes,” said Yuri Morozov, CEO and Founder of Bubbletone Blockchain for Telecom.
According to Research and Markets, blockchain in the telecom market is predicted to grow at a CAGR of 84.4% between 2018-2023, driven in large part by increasing support for OSS/BSS processes.
According to the company, this blockchain-based BSS solution from Nexign and Bubbletone has full support for e-SIM, IoT Apps tokens and any ASP/OTT subscriptions which means that the operators will be able to offer their own authentication service, publish their own tokens and sequences and sell direct to partners without any need for intermediaries.
“Over the past 26 years, through our focus on customer-centric, business-driven innovation, we have consistently created unique solutions for the telco industry that have enabled operators to provide exceptional customer service and grow their revenue streams. Blockchain technology has the potential to open up a range of new and exciting opportunities for operators around the world and we are confident that the exclusive collaboration between Nexign and Bubbletone will result in an industry-leading blockchain-based BSS solution that will deliver business value seamlessly on a global scale,” said Loukas Tzitzis, Chief Products & Marketing Officer at Nexign.