- Zeebu has launched the world’s first loyalty utility token for the telecom operator business.
- The Zeebu token goals to scale back transaction prices, guarantee quicker settlements and enhance margins for telecom operators.
- The platform plans to associate with greater than 100 operators and broaden its options to different B2B sectors.
Zeebu, a blockchain-based settlement platform, has unveiled the world’s first loyalty utility token for the telecom operator business. The Zeebu token goals to revolutionize the worldwide marketplace for telecom operators by reworking cross-border transactions and enhancing the profitability of the sector.
Telecom operators work alongside main telecom operators to offer international connectivity. Regardless of working with international companions to settle a excessive quantity of transactions, the business nonetheless suffers from a number of different inefficiencies. These embrace cost delays, overseas change points, native foreign money volatility towards the US greenback, low margins and excessive transaction charges.
To handle these challenges, Zeebu launched a loyalty utility token that gives a rewards program for retailers and clients. The Zeebu token goals to scale back transaction prices, guarantee quicker settlements and enhance margins for telecom operators. On the launch, Zeebu Founder and CEO Raj Brahmbhatt mentioned:
“I’m excited to be engaged on a undertaking that goals to deal with important inefficiencies within the telecom service business by utilizing the Zeebu token loyalty rewards program to enhance margin retention and operational inefficiencies. This can disrupt prompt settlements by enabling transactions anytime, wherever.
Moreover, Zeebu intends to associate with greater than 100 operators, leveraging its entry and community. Zeebu Co-Founder and COO Keshav Pandya added, “Zeebu’s blockchain-based settlement platform and loyalty utility tokens are designed to spice up the profitability of the dealer business. conventional telecommunications corporations, which incorporates greater than 6,000 gamers in a market of greater than 120 billion {dollars}.
The Zeebu loyalty and utility token went stay on the Ethereum mainnet on April 22, 2023 and might be totally unveiled on the ITW convention on Might 14. Zeebu is at the moment accepting onboarding requests from retailers through its ready record, catering completely to telecom operator gamers. business.
However, Zeebu goals to broaden its revolutionary options to different B2B industries going through related challenges with worldwide remittances and low margins.
