RKN is the first cryptocurrency to offer sim-card recharge services at such a wide scale
As the world continues to fight a never-ending battle against the deadly pandemic, the relevance of technology has gained tremendous traction off late. The importance of innovation has never been more pertinent, especially when remote access and convenience are the need of the hour. Technologies like Blockchain, Artificial Intelligence, Machine Learning, etc. are now at the forefront. Interestingly, companies and organizations across the world are actively exploring these and coming up with advanced cutting-edge solutions. One such example is the Orbit Network INC, a blockchain leading company that is constantly developing products, platforms and solutions by harnessing emerging technologies since 1996.
Orbit Network INC. To Roll Out Its Exclusive Digital Asset in Q4 2020
According to the latest reports, Orbit Network INC, is in the final stages of rolling out its digital asset called RKN Token. As of now, it is in the final talks with third-party telecommunication agencies and firms in India, Canada, USA, Turkey and UAE. Once done, users in these countries will be able to recharge their sim cards using RKN Tokens. With this, Orbit Network INC. will be the first one among the blockchain companies to venture into the telecommunication space. Interestingly, RKN is the first cryptocurrency to offer sim-card recharge services at such a wide scale. It would be fair to say that Orbit Network INC. has taken a major stride towards triggering the mainstream adoption of cryptocurrencies, especially because of its real-life and practical proposition.
The RKN token is an exclusive asset under Orbit Network’s flagship project named Orbit Network Chain Server (ONCS). The token has been developed by a subsidiary firm named Blockchain Development Inc. Currently, Orbit Network INC. is in the last phase of strategic partnerships with telecommunication firms to roll out the RKN token in a wide-scale manner. It has already collaborated with major 3rd party players in this space in order to include Vodafone, AT&T, Turkcell, and Etisalat on the first stage. Orbit Network INC. will officially launch the mentioned project in the last quarter of this year. Reportedly, users will be able to access the token and use it through a mobile application called PAYCAP and it will be available both on android and iOS.
The telecommunication industry has not seen many technological turnovers in the recent past. Orbit Network’s blockchain-backed tokenized solution offers a fresh avenue to this industry. At a time when consumers are moving towards the digital space while leaving behind the traditional options, Orbit Network’s exclusive cryptocurrencies assets are even more relevant. It will not only allow users to recharge their sim cards with the RKN token, but it will also add tremendous convenience in terms of the consumer experience. This can be a revolution in digital asset adoption as RKN Token is definitely looking to DeFi (Decentralised Finance) on the later implementation. Their interaction with telecommunication giants companies will now be just a click away through ONCS crypto-oriented instant payment solution.
The value-proposition of RKN token goes even further. By leveraging blockchain technology and implementing advanced smart contracts, it adds crucial elements in terms of stakeholder interaction with telecommunication firms. Furthermore, it also adds a certain degree of automation throughout the process. For example, a user’s monthly sim card recharge can be automated by setting up the smart contract with predefined conditions.