Zeebu partners with three telecom carriers, expanding its global blockchain network
The global telecom carrier industry faces financial operation challenges due to high costs associated with international billing, revenue collection, remittance, transaction settlement, currency fluctuations, and forex charges. That’s why one blockchain startup has made it its mission to tackle these challenges.
Enter Zeebu, the world’s first end-to-end blockchain platform that offers a comprehensive suite of services to simplify invoicing and transaction settlement for the multi-sided telecom carrier industry, making the process efficient and user-friendly. The platform caters to the needs of two players in the telecom carrier industry: merchants and customers. Since its inception over a year ago, Zeebu has built partnerships with other big players in the space.
Today, Zeebu announced the expansion of its global blockchain network by teaming up with three new telecom carrier partners: Hayo Telecom Inc., Axistel FZE, and Qatama Ltd. With today’s expansion, Zeebu now counts seven major global telecommunications providers as partners in its emerging new telecom blockchain network, showcasing the company’s growing presence in the telecom blockchain space.
Before this partnership, Zeebu has been making waves in the telecom carrier industry with its revolutionary blockchain solution, designed to tackle key challenges faced by the sector. Security threats, complex costs between intermediaries, and remittance delays of up to 20 days are some of the issues addressed by Zeebu’s platform. Telecom operators can now enjoy instant global transactions and top-notch security to combat cyberattacks and fraud.
The heart of Zeebu’s blockchain technology lies in smart contracts, creating a transparent and highly efficient transaction ecosystem for telecom carriers and their partners. With the Zeebu Loyalty token (ZBU), cross-border transactions become seamless and quick, eliminating the need for traditional banking channels and intermediaries.
Adding Hayo Telecom Inc., Axistel FZE, and Qatama Ltd. to its network further propels Zeebu’s mission to revolutionize the telecom carrier industry. Hayo Telecom, a leading operator in Senegal, is known as the ‘Gateway to Africa,’ offering an array of services and contributing to enhanced connectivity across the continent.
Commenting on the partnership, Hayo Telecom CEO Feraz Ahmed said: “We’re thrilled to become a member of Zeebu’s telecom loyalty platform and utilize an infrastructure that will enable instantaneous transaction settlements across the globe. Based on the concepts of trust and transparency, Zeebu’s platform will provide game-changing benefits for telecom carriers.”
Axistel FZE, a leading global telecommunications service provider and one of the three new Zeebu parters, offers a complete range of Voice and SMS OTP HQ and CC services to meet the ever-changing needs of fixed and mobile carriers and corporate customers. It provides more than 170 direct interconnections with LDI, MNO, and other operators globally, and provides premium-quality routes along with aggressive rates on CC, retail profiles and SMS.
“The telecommunications industry is one that moves incredibly fast, embracing the latest technology developments to keep pace with the ever-changing demands of its customers. The strong traction and rapid adoption of Zeebu’s blockchain network will help to accelerate innovation in the industry and deliver real value to every participant,” said Hiren Kakad – CEO – of Axistel FZE in a statement.
Qatama is driven by its passion for telecom and its commitment to excellence. It specializes in international wholesale voice services, catering to the unique needs of its partners. As a recognized carrier in the voice market, Qatama provides unparalleled access to today’s niche markets and high-margin routes. In addition to its voice services, it offers value-added solutions such as managed NOC, fraud prevention, quick settlement, and cloud switching. With transparency, simplicity, and value as our guiding principles, Qatama strives to bring efficiency and innovation to the complex telecom market.
“Zeebu’s blockchain-based loyalty solution is just what the telecommunications carrier industry needs. It offers unmatched security, with its rewards-based transaction infrastructure providing a strong incentive that will maximize operational efficiency for the entire industry,” Massih Qhoraish, Director of Qatama, commented.
Zeebu’s new partners join a growing ecosystem made up of some of the world’s biggest telecommunications firms, benefiting from instantaneous and low-cost global transaction settlements. Together, Zeebu and its partners are leveraging blockchain to transform the telecom carrier industry and deliver distinctive value for every member of the network.
“The new additions to Zeebu’s community underscore the value our rapidly growing network provides to the world of telecommunications, and we’re looking forward to working with them. Blockchain is not only about delivering cost-effective, instant transactions but about building transparency and trust to drive sustainable growth for everyone who embraces it,” said Raj Brahmbhatt, Founder & CEO, Zeebu.
Founded just over a year ago, Zeebu’s blockchain platform caters to the telecom carrier industry, which encompasses more than 6000 players in a market worth $120 billion. Zeebu’s groundbreaking Zeebu utility token is set to shake up the global telecom carrier market, revolutionizing cross-border transactions and driving improved profitability within the industry.
But Zeebu’s ambitions don’t stop there. Their mission extends beyond telecom carriers. They plan to bring their game-changing solutions to other B2B industries grappling with similar challenges related to international remittance and slim margins. With an eye on transformation and growth, Zeebu is determined to make a significant impact in various industries.