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Cryptocurrency News Articles

Minutes Network Token Unveils Revolutionary Blockchain Applications

Apr 24, 2024 at 09:34 am

Minutes Network Token (MNT), the token of Minutes Network, a DePIN wholesale voice call termination provider, has discussed its blockchain utilization. MNT uses the Ethereum blockchain to decentralize its Switch and Validation Node infrastructure, creating a reward-based sharing economy. The token also leverages World Mobile's AyA chain for data settlement and utilizes rollups on other public blockchains to provide transparency and trust. The public sale for MNT is set to launch in Q2, and the whitepaper will be released soon.

Minutes Network Token Unveils Revolutionary Blockchain Applications

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Richmond Hill, Kingstown, April 24th, 2024, Chainwire

Minutes Network Token (MNT), the native token of Minutes Network, the world's first DePIN wholesale voice call termination provider, has unveiled the intricate details of its revolutionary blockchain applications.

In an exclusive interview, Alex Berry, Head of Token at Minutes Network, elucidated the motivations behind MNT's inception: "Our relentless drive to foster a sharing economy, while decentralizing and democratizing the telecommunications industry, fueled the creation of MNT. True decentralization, in our context, entails establishing a genuine DePIN infrastructure, empowering the public to possess and administer our vital node infrastructure. Likewise, democratization manifests in our distinction as the sole voice carrier that remunerates both callers and callees utilizing our network."

MNT has judiciously selected Ethereum's L1 blockchain as the platform for decentralizing and distributing its Switch and Validation Node infrastructure, paving the way for a reward-based sharing economy.

Underscoring the profound synergy with World Mobile, MNT harnesses their proprietary AyA blockchain as a traceability layer, ensuring cost-effective data settlement. This intricate mechanism guarantees comprehensive traceability of Call Data Records (CDRs) and absolute transparency in network operations and accounting. Additionally, it executes rollups on other public blockchains (L2), incorporating the hash of the data published on AyA, thereby establishing an immutable trust layer.

Berry emphasized, "Blockchain integration is indispensable for realizing our objectives of decentralization, democratization, and building a vibrant sharing economy."

The eagerly awaited public sale of Minutes Network Token will commence in Q2. Individuals are encouraged to join the vibrant community at t.me/minutesnetworktoken and eagerly anticipate the impending release of the MNT whitepaper.

Contact:

Alex H Berry

Minutes Network Token

h.berry@minutesnetworktoken.io

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