Richmond Hill, Kingstown, April 24, 2024, Chainwire
Minutes Network Token (MNT), the proprietary token of Minutes Network, the world’s first DePIN wholesale voice call termination provider, today discussed blockchain utilization in more depth.
Alex Berry, Head of Tokens, said, ‘The decision to launch MNT was driven by our commitment to creating a sharing economy and decentralizing and democratizing the telecommunications industry. When we talk about decentralization, we mean becoming a true DePIN, allowing the public to own and operate critical node infrastructure. And speaking of democratization, we’re proud to be the only voice carrier that rewards senders and receivers using our network.’
MNT chose the Ethereum (L1) blockchain to decentralize and deploy its switch and validation node infrastructure and create a rewards-based sharing economy.
MNT leverages the proprietary AyA chain as a traceability layer for cost-effective data settlement, emphasizing close connectivity with World Mobile. This provides full traceability of call data records (CDRs) and full transparency of network operational statistics and accounting. It also performs rollups to other public blockchains (L2), which contain hashes of data published to AyA, which acts as a trust layer.
Berry added, ‘Leveraging blockchain is essential to achieving decentralization and democratization goals and building a sharing economy.’
The public sale of Minutes Network Token is scheduled to begin in the second quarter. Join the t.me/minersnetworktoken community and keep an eye out for the MNT whitepaper coming soon.
ContactAlex H BerryMinutes Network Tokenh.berry@ Minutesnetworktoken.io
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