Ziber, a new platform in the cryptocurrency industry has come up with a new revolutionary application of blockchain technology to offer an efficient communications solution, that is much cheaper than conventional telephony. Ziber has combined distributed ledger technology with IP telephony technologies to come up with a decentralized communications platform.
Ziber’s mobile communications platform is a new entrant to the shared economy, defined and popularized by the likes of Uber and Airbnb in transport and accommodation categories. The new blockchain platform promotes collaborative consumption in the voice over internet protocol segment by making it profitable to both consumers and contributors. People can not only make cheap VOIP calls but also earn for facilitating them.
The platform’s decentralized system makes use of masternodes installed across various servers and VPS across the world. The Ziber protocol will redirect VOIP calls from mobile phones, internet applications and other devices to the blockchain system. This way, people will be able to avoid consuming expensive mobile data for making and receiving calls. At the same time, the participants in the network can turn their mobile devices into proxy servers to handle the traffic over Ziber protocol and receive rewards in return.
Ziber will be instrumental for both individuals and businesses alike. Many international businesses run huge internet telephony bills while calling hundreds of customers from across the world. With a blockchain based solution at a fraction of the cost, they will be able to save thousands of dollars.
The platform is in the process of carving a niche for itself in a $90 billion industry. As Ziber continues development, the platform has announced an upcoming ICO to raise funds necessary to promote the product across the world while setting up the required infrastructure and meeting any legal requirements that arise during the process. The ICO is set to go live on July 27, 2017. The crowdsale will continue for ten days, and 10% of the tokens will be offered to Bitcoin and Ethereum owners as a bonus, for free.
More information about the upcoming ICO is available on Ziber website.
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