A blockchain-powered mobile carrier blending telecom with decentralized tech.
ioTube Bridged XNET (IoTeX) is an ambitious endeavor at the crossroads of telecommunications and blockchain technology, aiming to revolutionize global mobile connectivity. Focusing on the decentralization of telecom infrastructure, XNET seeks to lower costs and address issues such as capacity limitations and coverage deficits that frequently plague traditional telecommunications, especially in peak-demand locations like stadiums and campuses. The project delivers a complete service suite, including phone numbers, voice calls, and SMS messaging, ensuring users maintain access to crucial communication services. ioTube Bridged XNET leverages its network by rewarding node operators with tokens, encouraging the strategic deployment of connectivity solutions to improve network capacity and service quality. The governance structure is powered by a Decentralized Autonomous Organization (DAO), which ensures community stakeholders have a voice in project advancements and decision-making processes.
Technically, XNET is underpinned by the ioTube bridge, a key IoTeX Foundation technology that enables cross-chain token transfers and enhances interoperability across major blockchains such as Et...
ioTube Bridged XNET (IoTeX) is an ambitious endeavor at the crossroads of telecommunications and blockchain technology, aiming to revolutionize global mobile connectivity. Focusing on the decentralization of telecom infrastructure, XNET seeks to lower costs and address issues such as capacity limitations and coverage deficits that frequently plague traditional telecommunications, especially in peak-demand locations like stadiums and campuses. The project delivers a complete service suite, including phone numbers, voice calls, and SMS messaging, ensuring users maintain access to crucial communication services. ioTube Bridged XNET leverages its network by rewarding node operators with tokens, encouraging the strategic deployment of connectivity solutions to improve network capacity and service quality. The governance structure is powered by a Decentralized Autonomous Organization (DAO), which ensures community stakeholders have a voice in project advancements and decision-making processes.
Technically, XNET is underpinned by the ioTube bridge, a key IoTeX Foundation technology that enables cross-chain token transfers and enhances interoperability across major blockchains such as Ethereum, Binance Smart Chain, and Solana. This bridging ability is crucial for reducing complexity in developing multi-chain applications and expanding the use of blockchain-generated data. Furthermore, the project integrates sophisticated AI tools in partnership with ParallelAI to enhance telecom efficiency and network management. This convergence of decentralized infrastructure networks (DePIN), blockchain interoperability, and decentralized governance characterizes XNET's comprehensive strategy to provide affordable and dependable mobile service globally. By utilising its technological framework, XNET continues to define new paradigms in the telecommunications industry, enhancing user experience and transforming network efficiency while rooted in decentralization principles.
ioTube Bridged XNET (IoTeX) is a blockchain-powered mobile carrier designed to overcome coverage gaps and capacity limitations faced by traditional telecom providers. It uses the XNET token to incentivize the deployment and mapping of cellular networks, providing a seamless, GSMA/3GPP compliant service that allows any mobile operator to utilize its bandwidth.
ioTube Bridged XNET offers a neutral host service that enables mobile operators to use its network to improve coverage and capacity without the need to build additional infrastructure. This is particularly beneficial in areas where traditional providers struggle, helping operators maintain service quality and expand reach efficiently.
XNET stands out due to its team's extensive telecom industry expertise, ensuring successful network deployment and revenue generation where others have failed. Its unique model offers a neutral host platform that any mobile operator can use, masked by roaming agreements so end-users seamlessly transition onto the XNET network without realizing it.
The XNET token plays a crucial role in bootstrap network deployment and incentivizes mapping efforts. Additionally, the XNET Foundation uses a portion of the revenue earned from mobile operators, based on data usage, to buy back and burn XNET tokens, maintaining token stability and value.
By using blockchain technology, ioTube Bridged XNET provides an innovative solution to existing telecom constraints, such as coverage gaps. Its compliance with GSMA/3GPP standards and ability to serve as a neutral host make it a valuable resource for mobile operators seeking to enhance service delivery and expand network reach without significant infrastructure investment.
In the near term, ioTube Bridged XNET plans to announce its first premier roaming agreement. By year's end, they aim to establish their Foundation overseas and introduce production traffic on the network. These steps are part of a strategic effort to strengthen network capabilities, improve user experience, and expand their market presence internationally.