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Cryptocurrency News Articles

Minutes Network Revolutionizes Wholesale Voice Telephony with Blockchain Tech

Mar 31, 2024 at 10:46 am

Minutes Network, the revolutionary blockchain-based wholesale voice carrier, unveils its proprietary Mintech Rapid Growth Library (MRGL) technology. The MRGL empowers third-party mobile applications to seamlessly integrate with Minutes Network, exponentially expanding its user base. This innovative technology enables Minutes Network to become the largest telecommunication voice network by userbase, targeting billions of users through large-scale applications, while also offering revenue-sharing opportunities to smaller applications.

Minutes Network Revolutionizes Wholesale Voice Telephony with Blockchain Tech

Minutes Network: Revolutionizing Wholesale Voice Telecommunications with Blockchain Innovation

The telecommunications industry is undergoing a transformative shift as Minutes Network, the world's first blockchain-based wholesale, DePIN voice carrier, unveils its groundbreaking technology. This innovative platform boasts a unique, near-zero termination cost model and a proprietary Mintech Rapid Growth Library (MRGL) that empowers the exponential growth of its user base.

Mintech Rapid Growth Library: Unlocking Unprecedented User Expansion

The MRGL, integrated within the Minutes Network SDK, is a game-changer in the telecommunications landscape. By seamlessly integrating with third-party mobile applications, Minutes Network instantly absorbs the application's user base. This unparalleled capability enables the onboarding of millions of users with a single click, propelling Minutes Network towards becoming the world's largest telecommunication voice network by userbase.

Ideal for Global-Scale Applications

The MRGL makes Minutes Network an ideal partner for global-scale applications with billions of users, granting them immediate access to a novel monetization method. Josh Watkins, CEO of Minutes Network, emphasizes the platform's scalability, stating, "We have secured our first large-scale implementation that will bring over 1.2 billion users to Minutes Network over the next few years. For perspective, China Mobile, the current leader in user base, boasts 850 million subscribers."

Open to Collaborations of All Sizes

While scale apps provide extensive coverage, Minutes Network is equally receptive to partnerships with smaller applications. "Our revenue-sharing opportunity is extended to any application that can attract 50,000 or more unique users to Minutes Network," Watkins explains.

Disrupting Traditional Telecom Business Models

Minutes Network challenges conventional telecom approaches by eliminating the substantial B2C marketing expenses typically associated with building scale. The MRGL introduces a novel pay-to-play B2B model that precisely tracks user acquisition. By sharing revenue with mobile applications, Minutes Network further leverages its low-cost termination model, accessing a vast user base and paying only for the traffic it terminates over each application.

Unveiling the DePIN Initiative

Minutes Network, in collaboration with Minutes Network Token (MNT), introduces a groundbreaking DePIN initiative that fosters a sharing economy within the voice industry's minutes commodity market. All net revenues generated by Minutes Network are allocated to the repurchase of MNTs from the open market, which are then redistributed as rewards to network participants.

Redefining the Wholesale Voice Market

Armed with its unique, proprietary zero-cost/high-margin termination model and the MRGL, Minutes Network stands poised to reshape the $251 billion wholesale voice terminations market. This innovative platform unlocks unprecedented growth opportunities and empowers a decentralized telecommunications commodity minutes market.

Conclusion

Minutes Network is at the forefront of a telecommunications revolution, harnessing blockchain technology to transform the wholesale voice industry. Its unique termination cost model, rapid growth library, and DePIN initiative have the potential to redefine the industry landscape, creating unprecedented value for users, partners, and the telecommunications ecosystem as a whole.

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