Provide broadband connectivity to cities in Africa
With our K3 partnership we will build broadband infrastructure in major African cities. K3 “Cable in the Air” system is already operational in Sierra Leone since 2019 and growing and DRC operations have already started. We will build the infrastructure first in DRC and Nigeria, and then expand to other countries.
Create an easy-to-use system for acquiring ISP services
Our platform will give the users and ISPs an easy-to-use system for onboarding new clients, tracking the subscription statuses and payment solutions through blockchain, that can be widely adopted even in countries without properly working banking system.
Give the users control over their identity and credit line
We will utilize a system that allows for creation of digital identities called DID’s, that can be used for identification and personal information tracking with privacy options to give our users their provable identities. This also allows for tracking credit scores for the user. With regular usage of broadband services and adding additional payment data, the user will slowly build his credit scores that can be used to take loans within or even outside the platform.
Allow ISPs efficient community building and loyalty programs
Brand recognition and community building are important components of a successful business, as are loyalty programs. Tokens provide a particularly good use case for such activities if implemented correctly. Providing discounts and rewards for special activities creates a happy community and loyal customer base.
Provide cross collateralized and undercollateralized microloans to people in Africa
It is getting harder and harder to comply with requirements and regulations in acquiring a bank loan. Now imagine you do not even own a bank account to provide your bank statement or show your income. With digital identities and financial tracking, we can safely, privately, and securely store important personal financial information that help in assessing your credit capabilities. Everything stored on the blockchain is immutable and does not require authenticity proofing, meaning that credit scores can be calculated automatically, and loans granted instantly. This information can be used inside the ISP system to quickly acquire payday loans or use in connection with other microloans services outside the system.
Implement security and fraud prevention features
Starting with digital identities and tracking acquired services on the blockchain, the platform will help in reducing fraud in an effective and privacy-controlled manner.
Enable secondary markets for bandwidth and other subscription services
There is a lot of untapped potential in fully digitalizing subscription services and bandwidth. Secondary markets have the potential to level out pricing levels that are most beneficial for the providers and end users simultaneously. With IoT integration this creates a seamless roaming and device switching experience.
Build a robust IoT platform for ISPs
IoT on blockchain enables devices across the internet to create tamper-resistant records of shared transactions. This on the other hand enables business partners to share and access IoT data without the need for central control and management. IoT devices track critical infrastructure and its maintenance, from core networks to base stations. This enables other partners or governments to access operational records or perform tasks on individual devices without the need of a central authority.
Connect ISPs around the globe an enable true seamless roaming
With the IoT and digital identities in place and bandwidth tokenization roaming becomes seamless. Switching between networks is instant, secure, trackable, and easy verifiable.