Topic: [2016-10-21] Bot provides lower rates on phone calls with payments in Bitcoin (Read 505 times)

One of a reasons - service has been launched as a counter-step to huge increase of a international callшng rates for those who live outside the Europe.
There is a good description concerning that case: https://callcoinbot.com/faq

Agreed, and some of them are government or semi-government institutions. If they can control the communication and the money, they can

control the people. The internet had a very disruptive influence over the way people communicate. We used to talk over fixed lines, then we

saw mobile networks popping up, and wireless networks... and these days people talk primarily over VOIP systems and Social media on the

internet. We have come a long way, in a very short period. A Bitcoin telegram bot fits nicely into the next evolution and the disruption

cycle.    

Telecommunications is actually a tricky business, because it is regulated.
In many countries, telecom companies pay huge licence fees and making a call to a telephone number from the internet is illegal.

"The Latvian-Canadian group 120 minutes designed a bot Callcoin that provides international calls up to 10 times cheaper than standard rates. The name comes from Callback and Bitcoin, as the new service promises high-quality telephony via callback instead of VoIP and accepts payments in Bitcoin cryptocurrency.

“Bitcoin is no longer considered fraud or some weird thing all over the world. Bitcoin market capitalization exceeded $10 billion and the service is accepted as a valid payment system at the biggest marketplaces. Online privacy is of great importance for people and they are ready for new products, which can deliver on this promise.

Callcoin is the first Telegram bot that provides call services and the first service that offers a winning solution with payments in cryptocurrency,” said Dmitry Chuyenko, creator of Callcoin and CEO of 120 minutes.

With Callcoin a call from Canada to France costs around 4 eurocents per minute, US – Italy – 5-6 ec/min, Mexico – Spain – only 3 ec/min, while standard rates for the same calls vary between 10 and 20 eurocents. Users can top up their credits with Bitcoin and recharge codes, and send them to anyone. Plus, they can access their history, check the tariffs, rent a different phone number, set a Caller ID and set multiple numbers for call-back.

At the moment, the bot works in English and Russian. Users do not have to register with their own phone number to use the bot.

The company is backed by Nick Ustinov,  founder of Roamer app, popular Latvian email service Inbox.lv and owner of translation platform for software developers Lokalise.co. In the first year, it aims to connect 100,000 users, and to expand its functionality, particularly, to offer other not call-related financial solutions for the Bitcoin owners."

Latvian-Canadian company launched a Telegram bot - Callcoin, that enables lower rates on international calls with payments in Bitcoin.
http://arcticstartup.com/article/telegram-bot-bitcoin-calling/