iQSTEL Brings 5 Blockchain Nodes Online, Begins Extensive 'Live' 24/7 Simulation of Mobile Number Portability Application
April 22 2020 - 6:26AM
InvestorsHub NewsWire
iQSTEL Brings 5 Blockchain Nodes
Online, Begins Extensive ‘Live’ 24/7 Simulation of Mobile Number
Portability Application Ahead of Beta Launch
NEW YORK, NY -- April 22, 2020 -- InvestorsHub NewsWire --
iQSTEL Inc. (IQST)
is pleased to announce the next phase in the Mobile Number
Portability App (MNPA) development is underway.
itsBchain has completed the installation of the MNPA software on
5 blockchain nodes. An Artificial Intelligence (AI) system,
developed by itsBchain, is currently running human behavior
simulations 24 hours a day, 7 days a week, ahead of the Beta
release to various Tier-1 (Vodafone, Telefonica, Millicom, etc) and
other telco clients.
As noted previously, changing carriers and maintaining the same
number is still processed via an archaic ‘days to weeks’ 2-party
verification system. itsBchain’s MNPA system will allow for near
instant number portability by the client, no longer requiring the
telcos to initiate the transfer. According to Statista, the global
smartphone user base surpassed the 3 billion mark in Feb of this
year with over 500 mobile network operators according to Telecoms
Networks.
“itsBchain programmers have seen fantastic results from the
ongoing testing feedback. This is a ‘full on’ stress test of the
complete system using internally developed AI ‘human behavior’
code,” commented Mr. Iglesias, iQSTEL´s CEO. “Due to Latin
America’s accelerated mobile market growth rate, itsBchain is using
the Colombian Mobile Telecommunications market as the initial AI
systems market simulation.”
About iQSTEL Inc.:
iQSTEL Inc. (IQST) www.iQSTEL.com
is a Publicly Listed Company in US. iQSTEL is a leading-edge
21st Century Enhanced Telecommunications Service
Provider offering a wide range of cloud-based enhanced
services to the Tier-1 and Tier-2 carriers, enterprise market,
as well as the retail market. iQSTEL through its
subsidiaries (www.etelix.com ; www.SwissLink-Carrier.com ; www.QglobalSMS.com ; www.itsBchain.com)
offers a “one-stop-shop” for international and domestic VoIP
services, SMS exchange for A2P and P2P, Internet of Things (IoT)
applications, 4G & 5G international infrastructure
connectivity, as well as blockchain-based payment and phone number
mobility platforms to international and domestic Tier-1 carrier for
VoIP, SMS, and Data.
About Etelix.com USA, LLC:
Etelix.com USA LLC www.etelix.com is wholly owned
subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami,
Florida-based international telecom carrier founded in 2008 that
provides telecom and technology solutions worldwide, with
commercial presence in North America, Latin America, and Europe.
Enabled by its 214-license granted by the Federal Communications
Commission (FCC), Etelix provides International Long-Distance voice
services for Telecommunications Operators (ILD Wholesale), and
Submarine Fiber Optic Network capacity for internet (4G and 5G).
Etelix was founded in 2008 and has been profitable since
inception.
About SwissLink Carrier AG:
SwissLink Carrier AG www.swisslink-carrier.com is
a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a
Switzerland based international Telecommunications Carrier founded
in 2015 providing international VoIP connectivity worldwide, with
commercial presence in Europe, CIS and Latin America. SwissLink
Carrier AG is a Swiss licensed Operator, having a domestic
Interconnect with Swisscom, allowing their international Carrier
Customers direct terminations via SwissLink into all Switzerland
Fix & Mobile Networks. Since the takeover from Swissphone in
November 2018 and the rename into SwissLink, they operate on a
profitable level.
About QGlobal SMS LLC.:
QGlobal SMS LLC www.qglobalsms.com is a
51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based
company founded in 2020 specialized in international and domestic
SMS termination, with emphasis on the Applications to Person (A2P)
and Person to Person (P2P) for Wholesale Carrier Market and
Corporate Market in US. QGlobal SMS has commercial presence in
Europe, USA and Latin America. QGlobal SMS has robust international
interconnection with Tier1 SMS Aggregators, guarantying its
customers high quality and low termination rates, over more than
100 countries worldwide.
About itsBchain LLC.:
itsBchain LLC www.itsBchain.com is a 75%
owned subsidiary of iQSTEL Inc. itsBchain is a blockchain
technology developer and solution provider, with a strong focus on
the telecom sector. The company is the final stage of
development of a series of blockchain solutions aimed at using the
blockchain ledger and smart contract solutions to enable more
efficiency, quickness in execution and fraud-prevention in the
telco industry. Specifically, the company is developing a
solution that will enable users and carriers to transfer mobile
phone numbers with just a few clicks, allowing users and carriers
the ability to transfer retail users from one mobile carrier
to another instantly. Additionally, the company is finalizing
a carrier-grade marketplace solution to procure payments between
carriers for cross-traffic of VoIP, SMS and data realtime as
traffic is crossed between carriers. This marketplace will
allow for instant payment settlement as well as the prevention of
fraud between carriers.
iQSTEL
Inc.
IR US Phone:
646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL
Inc.
www.iqstel.com ; www.swisslink-carrier.com ; www.etelix.com ; www.qglobalsms.com ; www.itsBchain.com
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