The rising need to communicate with people across the world has led to an increased usage of VOIP applications. The internet-based telephony solutions are comparatively much cheaper than international phone calls and yet expensive, especially when it comes to mobile data packages offered by carriers. Ziber has come up with a much cheaper alternative that offers similar facilities at a fraction of the cost.
Ziber is the first blockchain mobile operator making use of distributed ledger technology to provide an inexpensive communications alternative to the world. The app, made available to Android and iOS powered devices are capable of redirecting VOIP calls originating from cell phones and other internet applications to the blockchain. The blockchain network used by Ziber protocol makes use of masternodes set up on various servers and VPS across the world to create the network. Other network participants include smartphones with Ziber application, creating proxy servers to route the calls.
The Ziber protocol not only enables users to communicate with other users but also those who are not part of the Ziber ecosystem. The phones acting as proxy servers will efficiently route the call to ensure connectivity at a much lower price than other conventional alternatives. The Ziber blockchain communications protocol will be useful for both individuals and businesses, helping them cut costs while having access to a superior communications system.
The platform makes use of Ethereum protocol and powered by ERC20 compatible Ziber coin tokens. The platform is almost ready for deployment, and the company has decided to raise funds to promote the product and expand the infrastructure through an upcoming ICO. The ICO will go live on July 27, 2017, and go on for the next ten days. During the ICO investors can become part of the platform by purchasing the tokens.
The platform has set the maximum number of tokens at 100 million, out of which 80 million will be available to investors during the crowdsale. The rest will be equally shared between the team and bounty programs.
More information about the platform is available in the whitepaper.
Live Bitcoin News is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at Live Bitcoin News, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.