SMSCHAIN project designed to create reliable interconnected framework between Telecom companies, which will deliver A2P (Application-to-Person) SMS through users wanting to exchange their unused SMS for financial rewards. Anyone in the world with an unlimited SMS bundle or unused SMS messages can become an SMS Chain Unit by installing app on their Android device.
SMSCHAIN, the group of developers, and other personnel that is now, or will be, employed by, or contracted with, SMSCHAIN (the “Development Team”) are the creators of the open-source blockchain-based platform known as the SMSCHAIN. The purpose of the blockchain is to facilitate the exchange of available text messages between supplier (“Unit”) and traffic consumer. The members of the network who maintain the blockchain are referred to as Node. The Node maintains the operationality of the network.
SMSTO Tokens are not securities, shares, or investments. They are utility-based tokens designed to work in ecosystem as the means of mutual settlements between members of the network, as well as for the formation of deposits to obtain licenses for Units and Nodes in order to be able to operate them. The SMSTO tokens provide you with no passive income and have a purely functional utility nature. This document is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities.
At the moment, most SIM-based SMS traffic is carried out via GSM SIM gateways, which are pieces of hardware with many SIM slots that can send text messages. This equipment is typically host and maintained by professional SMS Aggregator companies in the country where they are geographically located. It is difficult to deploy GSM SIM gateways in the countries where SMS Aggregators are not physically present. Individual contracts are needed with each client/supplier. It takes many years to build a good network of suppliers.
Bulk SMS providers predominantly utilize SMPP protocol order to exchange SMS messages
among themselves for connecting with mobile network operators. SMS aggregators terminate SMS traffic various channels, which may include SIM-based gateways or direct connections to mobile network operators. This approach requires a signed commercial agreement with individual suppliers and customer. SMPP protocol does not have embedded quality control, which frequently results in technical delivery problems.
The intent of the SMSCHAIN project is to create a reliable interconnected infrastructure between Telecom companies that would like to send A2P SMS and Miners who would like to exchange their delivery capacity for a reward. It is a fully decentralised system in which any Miner can participate and benefit from by installing the software on either an Android phone, GSM SIM gateway integrate existing SMS Gateway with blockchain infrastructure. Any person in the world who has an unlimited SMS bundle.
SMSCHAIN is a blockchain infrastructure that consists Nodes, Miners and Sending Entities software, billing, decentralized token exchange, as well as software for SMS aggregators to participate in SMS market procedure and to send SMS transactions. For Units, SMSCHAIN provides Android-based application that does not require any special equipment. Existing public blockchains, such as Ethereum and Bitcoin, are too slow in terms of throughput and too expensive in terms of commission for transaction because it is comparable to thecost.
Proof-of-Delivery is considered as a useful Proof-of-Work in our network. This means that miners have no need to waste computational resources. Instead, they must do the work on text messages delivery. Proof-of-Delivery provided with embedded Testing infrastructure that consists of Testing Subsystem, which mixes test text messages into live traffic. Testing subsystem randomly selects the test numbers and mixes in the test messages into the Delivery Agreement messages batch.
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