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IQST – iQSTEL Prototypes IoT Solution Based On Its Award Winning Technology For Fortune 500 Client

iQSTEL, Inc., an international provider of Telecom, Technology, Fintech and Blockchain solutions, announced a pending field test at a Fortune 500 client site of a two-way, Internet of Things (IoT) communication device for a chemical industry application that includes a back and front-end platform to run as a Mobile App. The field test is anticipated to be up and running by mid-April, 2021.

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Last month, iQSTEL announced entering into a letter of intent (LOI) agreement with a prominent Fortune 500 company and leader within the global chemical industry.

The potential Fortune 500 client was exploring a potential business engagement with iQSTEL’s Technology Division subsidiary, IoT Labs.

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IoT Labs’ landmark Smart Gas technology won the Smart Appliance of the Year award from IoT Break Through joining the ranks of other globally recognized industry leaders including Apple, Amazon and General Electric, among other industry leaders.

Since then, iQSTEL has delivered a completed design of its IoTSmartTank that meets all the Fortune 500 client’s requirements. The client is ready to proceed with a field test that will proceed the anticipated manufacture and shipping of an initial 2500 devices.

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