Top 5 Blockchain Projects in the Telecom Sector
Let’s look at some of the top 5 blockchain projects in the telecom sector
DENT (DENT)
Dent is a decentralized mobile data operator for mobile data users. It is a blockchain project built on the Ethereum blockchain. The native cryptocurrency of the platform is DENT. The DENT project was developed by Dent Wireless Limited. Tero Katajainen founded the company in 2014. Other co-founders Mikko Linnamaki and Andreas Vollmer joined the business in mid-2017.
Research and studies on mobile data have increased in developed countries. Following these developments, a virtual ecosystem called DENT was developed.
DENT is cheaper and easier to use. DENT helps facilitate access to the internet using several projects. Mobile users only need to send DENT to telecom providers for their services. It will also provide a sharing community where data users can easily transfer, buy or sell data on the software.
Qlink (QLC)
As the first public blockchain for decentralized networks, QLC Chain utilizes blockchain in telecom billing. QLC Chain envisions a system in which users may purchase peer-to-peer connections, which essentially allows the renting of someone’s Wi-Fi, selling unused data to other users, and obtaining mobile service from a home base station.
By decentralizing the telecommunication and connectivity industry, the QLC Chain network aims to address issues such as centralized operations, the overstock of network capabilities, undersupply of network access, and more.
TELCOİN (TEL)
Telcoin is a decentralized cryptocurrency, an ERC-20 token based on the Ethereum blockchain. It is an open-source project that aims to provide a low-cost, efficient and secure experience for users to send digital remittances via mobile platforms and e-wallets. TEL is the native cryptocurrency and is used to make payments in the Telcoin ecosystem.
Telcoin aims to act as a bridge between fiat currencies and the crypto world by leveraging blockchain technology to make money transfers instantly without too much transaction cost.
BubbleTone (UMT)
BubbleTone is one of the blockchain projects in the telecom sector that aims to eliminate roaming fees altogether. On a blockchain-powered marketplace, the platform connects mobile network carriers and end-users all over the world. For operators, this platform allows them to go worldwide without having to deal with complicated network connections
BLOCKSİMS (SIM)
BLOCKSIMS is a decentralized payment gateway that uses blockchain technology to tackle the challenges associated with traditional telephony. The program seeks to fully eliminate fees levied by internet and phone service providers while also providing users with prizes and bills earned from digital advertising.
The platform is trying to eliminate the need for intermediaries in the communications process by developing new revenue channels that will enable seamless information sharing.
