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Using Blockchain, Ultimate Digits Hopes To Disrupt The Mobile Carrier Industry
One of the lesser-understood aspects of the smartphones we use and the mobile carrier accounts to which they’re connected is the fact that a phone’s user does not “own” the phone number to which his or her phone is connected. The number belongs to the carrier and the carrier is leasing that number to the customer. But, between blockchain and the newest breed of phones that support electronic sim cards (aka “eSIMS”), a new opportunity revealed itself to the founders of Ultimate Digits; a company that immutably records the sale of blockchain-based phone numbers onto the Ethereum public distributed ledger.
While at the Outer Edge LA 2023 Conference in Los Angeles, Blockchain Journal technical analyst Bob Reselman sat down with the co-founder and CEO of Ultimate Digits, Atharva Sabnis. According to Sabnis, the impermanence of leased phone numbers isn’t the only insult that smartphone users are currently forced to endure. Mobile carriers have also been caught with their proverbial “hands in the cookie jar” when it comes to the personal data and behaviors of their customers. However, instead of affiliating itself with one of the many global carriers, Ultimate Digits rents telephony infrastructure in bulk and disintermediates the carriers by not only selling phone numbers to its customers in a way that those customers subsequently own the numbers for themselves but also in a way that removes carriers from sitting between those customers and connectivity (thereby preventing carriers from grifting any personal data).
With Ultimate Digits, the entirety of its customer relationships—everything from the sales of phone numbers to billing for wireless services—is recorded on Ethereum, and billings are not only managed via smart contracts, customers can pay with either cryptocurrency or fiat currency.
To watch the video version of this podcast or read its full-text transcript, go to: https://blockchainjournal.com/interview/using-blockchain-ultimate-digits-hopes-disrupt-mobile-carrier-industry/
The video can also be watched on Blockchain Journal's YouTube Channel at https://youtu.be/0Uur4bw3uoE
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By Blockchain JournalOne of the lesser-understood aspects of the smartphones we use and the mobile carrier accounts to which they’re connected is the fact that a phone’s user does not “own” the phone number to which his or her phone is connected. The number belongs to the carrier and the carrier is leasing that number to the customer. But, between blockchain and the newest breed of phones that support electronic sim cards (aka “eSIMS”), a new opportunity revealed itself to the founders of Ultimate Digits; a company that immutably records the sale of blockchain-based phone numbers onto the Ethereum public distributed ledger.
While at the Outer Edge LA 2023 Conference in Los Angeles, Blockchain Journal technical analyst Bob Reselman sat down with the co-founder and CEO of Ultimate Digits, Atharva Sabnis. According to Sabnis, the impermanence of leased phone numbers isn’t the only insult that smartphone users are currently forced to endure. Mobile carriers have also been caught with their proverbial “hands in the cookie jar” when it comes to the personal data and behaviors of their customers. However, instead of affiliating itself with one of the many global carriers, Ultimate Digits rents telephony infrastructure in bulk and disintermediates the carriers by not only selling phone numbers to its customers in a way that those customers subsequently own the numbers for themselves but also in a way that removes carriers from sitting between those customers and connectivity (thereby preventing carriers from grifting any personal data).
With Ultimate Digits, the entirety of its customer relationships—everything from the sales of phone numbers to billing for wireless services—is recorded on Ethereum, and billings are not only managed via smart contracts, customers can pay with either cryptocurrency or fiat currency.
To watch the video version of this podcast or read its full-text transcript, go to: https://blockchainjournal.com/interview/using-blockchain-ultimate-digits-hopes-disrupt-mobile-carrier-industry/
The video can also be watched on Blockchain Journal's YouTube Channel at https://youtu.be/0Uur4bw3uoE