Nexign partners with Bubbletone on blockchain

Nexign and Bubbletone have announced an exclusive partnership to develop an industry-first blockchain-based Business Support Systems (BSS) system for the telecom sector. The two companies aim to create a global marketplace for telecom operators, giving these the ability to collaborate with each other and provide tailored services to end users, an option that had not previously existed. 

By facilitating seamless and secure exchange of financial and identity information between mobile network operators, phone users and service providers, the system will enable roaming users to instantly purchase service packages, at local operator rates, using their existing Simcard. This means operators will benefit from BSS with embedded blockchain, enabling them to increase the efficiency of their business by joining the Bubbletone platform. 

Once operators join the platform, they will be able to expand their customer bases and increase revenue, without any additional costs, through distribution of digital value-added services. The blockchain platform creates a global marketplace where operators can publish and share product information as well as buy and resell as-is, or bundle, offerings from other operators, to visitors in their network.

With full support for e-SIM, IoT Apps tokens and any ASP/OTT subscriptions, 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  The blockchain network will act as a clearing house, checking all partial charge/volume transactions and mitigating any settlement risks before the billing period ends