Breaking #Blockchain #Stock News: iQSTEL (OTC: $IQST) Brings 5 Blockchain Nodes Online, Begins Extensive ‘Live’ 24/7 Simulation of Mobile Number Portability Application Ahead of Beta Launch; @IQstel
Breaking #Blockchain #Stock News: iQSTEL (OTC: $IQST) Brings 5
Blockchain Nodes Online, Begins Extensive ‘Live’ 24/7 Simulation of Mobile
Number Portability Application Ahead of Beta Launch; @IQstel
NEW YORK, NY– 4/22/2020--(Investorideas.com
Newswire, Blockchaininvestorideas.com)- Blockchain Stock News - iQSTEL Inc. (OTC: IQST) is pleased to announce the next
phase in the Mobile Number Portability App (MNPA) development is underway.
Read this news featuring
IQST in full at https://www.investorideas.com/news/2020/blockchain/04221iQSTEL-MobileNumberPortabilityApplication.asp
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. (OTC: 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.
Safe Harbor Statement: Statements in this news release may
be "forward-looking statements". Forward-looking statements include,
but are not limited to, statements that express our intentions, beliefs,
expectations, strategies, predictions or any other statements relating to our
future activities or other future events or conditions. These statements are
based on current expectations, estimates and projections about our business
based, in part, on assumptions made by management. These statements are not
guarantees of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual outcomes and
results may, and are likely to, differ materially from what is expressed or
forecasted in forward-looking statements due to numerous factors. Any
forward-looking statements speak only as of the date of this news release and
iQSTEL Inc. undertakes no obligation to update any forward-looking statement to
reflect events or circumstances after the date of this news release.
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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