CAPITAL TECHNOLOGIES AND RESEARCH- The future of Telecommunication

etinosirr (29)in #blockchain • 6 years ago (edited)

INTRODUCTION

Communication has been and remains a vital part of mans historical development. The ability to pass information across and get understandable responses and feedback has gotten us where we are today in the world. Advances and breakthrough in the field of science and technology has been passed down from generations and has being improved upon all because inventors and scientist were able to record and pass down their findings of theories.

From the medieval period down to the 21st century, different means of passing information and communicating has been evolving from the traditional post mailing system to the telegraph and recently the telephone. The telephone has been the greatest contributor to modern day communication. The telephone has created a new means of communication called telecommunication which enables voice, texts, images and videos to be relayed between two persons or among a group of persons in real time. In fact, it has created a multi-trillion-dollar over 6 trillion USD) industry seeing thousands of telecommunication service providers in the world with the big names in the industry such has AT&T, T-Mobile etc. The internet which came about in the late 20th century was greatest fostered by telecommunication industry. It has been the bedrock and core of the internet. Telecoms has been greatly used in the medical and accounting sectors, financial sectors and even in the military (satellite communication). It has revolutionized our social life and the way we do business today. Facebook, twitter, Instagram and many other messaging applications has affected the way we now do trade and carry out some transactions whilst making the founders multi-billionaires.

The latest technology to have indirectly come out of telecommunication is the blockchain. Decentralized open ledger that records all transactions in the blocks. This new technology has reinvented the way we carry out transactions, trade and do more eliminating the need for middlemen and hence trust. In summary, tens of thousands of companies in the world today are in existence thanks to advances made in the development of the telecom sector, the importance of telecommunication cannot be underestimated. In fact, without telecommunication, there wouldn’t have been the internet and the blockchain likewise voice, text, audio and video communication
However, we have been so engulfed in this new frenzy that we tend to forget the greatest problem rocking the telecom industry i.e. the problem of centralization. Virtually all private phone call, SMS, data communication is carried out from a single point of control. Calls, SMS and internet access are routed through a central servers of this telecommunication service providers. This in itself has birthed series of problems for the populace.

Exploring the Potentials of the Blockchain.

The blockchain like I mentioned above is a decentralized open ledger and database that keeps records and track of all transactions and data such as finance contracts, supply chain information and physical assets. The blockchain keeps records of all data and transactions on its network by making use of a chain of records. The blockchain is basically divided into two parts which are the block and the chain. Each block is sequence of individual transaction that are encrypted and time stamped and updated on the blockchain network upon completion. The blocks are linked together by links called chain which enable a new block to be created once the former is completed. The reason why the blockchain has seen so many application and adoptability include;

Security and authenticity: The blockchain is secured and authenticated all transactions carried out on the network thus eliminating fraud and building trust. It does so by making use of a digital signature mechanism for creating and executing transactions. This helps trace and monitor the accountability of processes that took place beforehand.
Splintering: The blockchain allows the sharing of transaction history. Records on the blockchain once executed cannot be reversed or deleted. This makes the blockchain immutable. The blockchain is thus authentic and the more records shared on the network, the stronger the blockchain becomes.
Peer to Peer: The blockchain enables one to carry out transaction in a peer to peer model eliminating the influence of third parties and of middle men. This creates transparency on the network.

Applying the Blockchain Technology to the Telecommunication Industry.

So far, we seen the benefits of making use of the blockchain. The telecommunication industry is undergoing numerous transformations as it makes the paradigm shift towards a virtualized and fully digital environment. The application of the blockchain to telecommunication offers many benefits. Some of which includes:

Fraud PreventionCurrently about $38.1 billion is lost every year due to global fraudulent activities which includes identity and roaming fraud. On the part of identity fraud, blockchain can help in the identity validation and verification process by helping link all devices to the owner’s identity rather than where the device verification is based on the subscriber’s profile. On roaming between networks when subscribers travel, network operators can enter agreements through smart contracts that will allow the subscriber to trigger an event when he travels or roam on partner networks thus reducing roaming costs.
Identity Management: The blockchain can eliminate the need for users to have multiple accounts and need to remember passwords for all sites. His/her identity has already been placed on the blockchain through the signature mechanism thus he can use a maser key to access accounts that requires identity verification.
Scalable IoT: The internet of things is a kind of connectivity amongst smart devices and electronics to communicate and share data amongst themselves. However, this new technology has its own challenges such as the need to secure the billions of devices, machines and sensors in connectivity. Blockchain decentralized controls enables IoT security to be more scalable together with its inherent capabilities of verification and validation.

Capital Research and Technologies.

Capital research and technologies is a Ethereum blockchain company that seeks to solve the shortcomings facing the telecommunication industry today by integrating it with the blockchain. They are the first decentralized private voice calling and text messaging provider, Capital Research and technologies will revolutionize the current telecommunication industry. The want to reduce and replace revenue generated from the monthly fee chargers to users on private voice call and messaging by revenues generated from digital advertising. With a total number of 5 billion phone users worldwide, Capital research sure has a market and a huge one at that. They aim to create a decentralized ecommerce ecosystem on the blockchain removing the use of a central server and hence middle men. With Capital research and technologies users will be able to make decentralized private voice calls and messaging making it secured, safe and cost effective. Capital research and technologies will provide its users with unlimited voice calling and messaging services.

The Open Enterprise API platform.

Capital Research and Technologies platform is designed to be an open enterprise API platform. This means that users can self-serve themselves and self-register. Making use of the open enterprise API, C.R.T will be able to get several thousands of users making it a truly universal platform.
Depending on the Level of Security Needed, there are 4 level of security or nods provided by the platform.

Simple Node: Here, voice and messages will be relayed through a single node. This has low security.
Advanced Node: Data (voice and messages) relayed through 2 nodes.
Military Node: Data (Voice and messages) relayed through 3 modes. This has advanced security and is applicable to what is being used in the military today for communication.
Paranoiac Node: Data (Voice and messages) relayed through 4 nodes. This offers the most secured means of communication.

THE CAPITALCOIN

The CapitalCoin is the official cryptocurrency of the Capital Research and Technologies and will be the means of interacting with the platform. It is an ERC20 based token. The Capital (CALL) and CapitalGas (CALLG) are the official coins of the platform. Capital (CALL)
Capital (CALL) will be rewarded to node operators for private route establishment between users.
Capital GAS (CALLG) will be rewarded to node operators for private data transfer between users
Public Sale

Why invest in Capital Research?

We’ve seen that capital research is the first decentralized private voice calling and messaging company and so, it has a competitive edge over others. The market for secured communication will be a huge one and will have a widespread adoption. Capitalcoin finds the following uses:

Instant peer to peer transfer.
Security
Privacy
Easy Transfer of Money
Anonymous Transactions
No inflation.
Investing in Capitalcoin is investing in the future of Mobile and Telecommunication. Crowd sale is currently on and you can invest by purchasing the token of the future using Ethereum.

Token Metrics, Specification and Distribution.
Total Supply: 105 000 000 Capital (CALL) and 21 000 000 000 CapitalGAS (CALLG)
Total Amount available for this ICO:
52 500 000 Capital (CALL)
10 500 000 000 CapitalGAS (CALLG)
Coin Value: $0.35 - $1
Minimum Investment: 0.01 ETH
Maximum Investment: 1500 ETH
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