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Key takeaways
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Zeebu has partnered with four telecom companies; BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc. and Novatel.
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The telecom carriers generate more than $1.2 billion in annual revenue.
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Zeebu seeks to create a trustless, transparent, and more efficient ecosystem for telecom carriers and their partners.
Zeebu partners with four telecom carriers with $1.2B + yearly revenue
Zeebu, the world’s first end-to-end blockchain platform designed specifically for global telecom carrier businesses, announced on Tuesday, May 16th, that it has entered into strategic partnerships with BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc. and Novatel, d.o.o.
In a press release shared with Coinjournal, Zeebu said the partnership with these telecom carriers would result in thousands of transactions annually, making Zeebu a game-changing force within the telecom carrier industry.
While commenting on this latest cryptocurrency news, Raj Brahmbhatt, Founder & CEO of Zeebu, said;
“The world of telecommunications is fast-paced and ever-changing. The power of blockchain technology lies not just in its ability to facilitate transactions but in its capacity to foster trust and transparency. We are sure Zeebu’s partnerships with key telecom leaders will usher in a new era of innovation and growth. We look forward to working with our partners to create lasting value and drive sustainable growth for years.”
One of the telecom carriers, BBT Voice, is an international wholesale voice and SMS carrier with offices in the UK, India, Armenia, and Ukraine.
Meanwhile, Broadband Telecom Inc., part of the Bankai Group, is a world-leading communication enabler carrying billions of minutes on its dedicated and globally accessible network.
BBT Voice CEO Rahul Sharma also commented that;
“This deal marks a cornerstone moment. We are confident that with our combined strength, we will construct remarkable achievements in the blockchain industry. We are sure the platform will deliver on its promises of transparency and trust.”
Zeebu’s blockchain seeks to drive innovation
While commenting on this latest development, Nakul Rege, Chief Growth Officer of Broadband Telecom Services, said;
“Telecommunications is an incredibly dynamic and rapidly evolving field, and keeping up with the latest technologies, trends, and customer demands can be challenging. Zeebu’s blockchain platform will drive innovation, expand our reach, and deliver exceptional customer value.”
Bridge Voice, Chief Revenue Officer, Nickey Peshwani pointed out that Zeebu is the first blockchain-powered telecom loyalty platform for wholesale voice business and will enable instant settlements anywhere in the world.
Finally, Novatel is Slovenia’s leading mobile virtual network operator, providing mobile and IP telephony, internet and information services to European enterprises.
Novatel CEO Jernej Kenda stated that the company is looking forward to getting started with Zeebu. Kenda added that Zeebu will be a game-changer for settlements in the telecom carrier industry, with its powerful utility delivering tangible value for all network participants.
According to the Zeebu team, its blockchain solution addresses telecom carrier businesses’ challenges, including security threats, rising and complex costs between intermediaries, and remittance delays of up to 20 days.
By leveraging smart contracts and blockchain technology, Zeebu creates a trustless, transparent, and more efficient ecosystem for telecom carriers and their partners.
Furthermore, by using Zeebu tokens, the platform’s loyalty utility token, there would be no need for conventional banking channels and intermediaries, making cross-border transactions fast and seamless.
Zeebu is a pioneering company in blockchain and settlements, providing an innovative platform for the telecom carrier industry, comprising over 6000 players in a $120 billion market.