VILNIUS, Lithuania, October 19, 2017 /PRNewswire/ --
A new blockchain adaptation will allow monthly passive earnings of US$30-300 for almost everybody. The Birdchain app will sell unused regular people's SMSs to businesses. To finance the development of the app the company is going to launch an ICO in the late autumn.
"People do not send SMS anymore, everybody uses instant messaging apps. However, at the same time businesses pay top dollar for every single SMS message. We are developing a solution which will be useful for both parties. People will get paid for selling something they do not need while businesses will get better service and pay less," said Audrius Vrubliauskas, the CEO of Birdchain.
In some countries a single business-to-person (application-to-person, A2P) SMS costs up to US$0.08. The company estimates that this price is going to be reduced by up to six times.
"We have been operating in the A2P SMS market for almost 10 years and we are fed up with all of its problems. It lacks transparency, the delivery speed is rather low, while aggregators hold almost no accountability for their service and so on. Blockchain and Smart Contracts can solve all of these issues," added A. Vrubliauskas.
Besides, there are more advantages for businesses. Smart Contracts will guarantee that SMS is really sent to their contact, multiple peers will increase delivery speed, and companies will not be forced to commit to the fixed amount of the messages they must send.
As using regular A2P services, companies will have to provide their own contact list to set the campaign. Birdchain will not deliver an SMS to the app user's contact list. It will also temporarily block incoming SMSs and calls from the users which will have received transactional messages from them.
To start earning profit from unused messages people will have to download an instant messaging app and set the number of SMSs they want to sell. The messages will be sold automatically in the background of the app and the earnings will be transferred to the wallet inside the app. Transparency and fairness of the payments will be guaranteed by using Smart Contracts.
The estimated global A2P SMS market value in 2015 was US$56 billion. It is expected to rocket up to US$84 billion by 2024.
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