Minutes Network Launches New Blockchain-Based Wholesale Telecommunications Service
Minutes Network, a UK registered company operating in the wholesale telecommunications sector, has announced the launch of its blockchain-based wholesale telecommunications terminations service. By leveraging the Minutes Network Token, the company aims to create a unique sharing economy in the telecommunications industry. The company’s innovative approach to user acquisition has positioned Minutes Network to secure the largest telecommunications user-base by 2030 and become the first to reward consumers for making and receiving calls.
Innovations Driving Profitability for Operators
Minutes Network is working with leading international telecommunications operators to revolutionize the industry. With twenty-four international points of presence, the company is rapidly expanding its base of interconnection partners worldwide. Minutes Network has already entered into termination agreements with major operators such as Skype, Lebara, IDT, and Vodatel. The company will continue to announce additional tier1 interconnections.
A Lucrative Market Opportunity
Initially focusing on the $13.25 billion international terminations market, Minutes Network plans to expand into local voice traffic and global SMS, providing access to markets worth approximately $300 billion annually.
Proprietary Mintech Innovations
Mintech, the innovation hub of Minutes Network, has developed a suite of proprietary telecommunications technologies and protocols to support this industry milestone. The company continues to develop new innovations in the Mintech lab.
Secured Network Capacity and Quality
Minutes Network ensures network capacity and quality through its Node Structure and partnership with World Mobile. The integrated for-staking node infrastructure provides the capacity and security needed to handle large volumes of voice traffic. Node holders will be the primary beneficiaries of the token-based sharing economy. Collaboration with World Mobile’s EarthNode infrastructure will further support the expansion of Minutes Network.
Tokenizing Telecommunications and Rewarding Stakeholders
Minutes Network Token (MNT) serves as the rewarding mechanism of Minutes Network. With a limited supply of 500 million MNT, rewards will be distributed to node holders (60%) and consumers who make and receive calls over the network (25%). The remaining 15% will support Mintech innovations. All new initiatives will always reward stakeholders by translating surplus value into MNT tokens through algorithmic on-market transactions.
A Major Innovation in the Telecommunications Sector
CEO Josh Watkins sees Minutes Network as a major innovation in the paid-for telecommunications sector. By utilizing blockchain technologies, the company aims to lower prices for operators and democratize value distribution to consumers and node holders.
About Minutes Network
Minutes Network Ltd, a UK registered company, operates in the wholesale telecommunications sector. The company initially focuses on terminating international paid-for voice calls and plans to expand into domestic terminations and SMS messaging services. Minutes Network is committed to democratizing the minutes terminations business and redistributing value to its stakeholders and network users. Led by Josh Watkins, a telecommunications entrepreneur with over twenty years of industry experience, Minutes Network aims to transform the industry.
Hot Take: Minutes Network Revolutionizes the Telecommunications Industry
Minutes Network’s blockchain-based wholesale telecommunications terminations service has the potential to revolutionize the industry. By leveraging the Minutes Network Token and their innovative approach to user acquisition, the company aims to become the largest telecommunications user-base by 2030. With their focus on improving profitability for operators and rewarding consumers for their usage, Minutes Network is set to transform the $300 billion industry. By ensuring network capacity and quality through strategic partnerships, Minutes Network is well-positioned for success in the ever-evolving telecommunications sector.
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