IQST – iQSTEL Prepares to Launch Mobile Number Portability Application Blockchain Platform
iQSTEL, Inc. announced completing the backend development for the Mobile Number Portability Application (MPNA) Blockchain Platform. The Platform has been fully tested and is ready to go.
The MNPA allows a Mobile End User to easily and quickly change form one Mobile Network Carrier to another in just 3 clicks. No days long dealing with a service provider anymore.
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iQSTEL’s MNPA is anticipated to be an industry gamechanger as it allows Mobile Users to seamlessly change from one Mobile Network Carrier to another.
The initial estimation of the MNPA Platform as a Service (PaaS) market size is approximately $260 million annually. iQSTEL ItsBchain subsidiary is targeting a 10% MNPA market capture within the next three years.
The Company’s long-term goal is to implement the MNPA PaaS, or as we like to say, Blockchain as a Service (BaaS), with over one billion end users.
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Our MNPA BaaS will include smart contract functionality and as part of the Blockchain platform, our MNPA will also include a high degree of protection for end user information.
We are working on the marketing material now in preparation for the market launch of the MPNA service. The market launch is slightly delayed (2-3 weeks) from the original April target launch date due to project execution issues resulting from the impact of the Covid-19 crisis in India.