Reltime and Nagra Team Up to Develop Super Apps for the Telecom Sector
In Brief
Web3 platform Reltime , and NAGRA , NAGRA, the Kudelski Group's digital TV division, has entered into a partnership to provide Super Apps and digital services customized for Telecom providers across the globe.
The two companies have commenced joint sales efforts and started merging critical aspects of the web3 platform with their existing systems.
Web3 platform Reltime , and NAGRA , NAGRA, the digital television sector of the Kudelski Group, has established a partnership aimed at delivering Super Apps and digital solutions for Telecom operators worldwide.
This partnership is designed to accelerate the digital transformation among global Telecom operators, introducing various consumer-friendly services, including mobile wallets, peer-to-peer payments, QR code applications, loyalty management, financial services, and strategies to enhance advertising revenue.
Reltime is optimistic that combining its Layer-1 blockchain technology and web3 services with NAGRA's offerings could completely transform Telecom services, providing users with a more interactive, customized, and immersive experience.
Reltime prides itself on its Layer 1 Proof-of-Authority blockchain that comes equipped with diverse applications. This encompasses a non-custodial wallet, support for Central Bank Digital Currencies (CBDCs), wrapped assets, and a variety of lending and borrowing options, both secured and unsecured.
Importantly, the Reltime platform enables global transactions, allowing users to make payments in over 150 countries through multiple methods, including mobile devices, QR codes, email, and more.
Frode van der Laak, the Co-Founder and CTO of Reltime, shared with Metaverse Post that their SuperApp is designed to be highly adaptable, allowing users to shape it according to their preferences. This can include branding the app and customizing its functionalities. Beyond essential features like wallets and token generation for worldwide transfers, users have the option to add modules for managing digital currencies, rewards systems, and asset listings.
Van der Laak highlighted that both companies are actively collaborating to sell and integrate vital components of the web3 platform with their operational frameworks.
This collaboration has the potential to present their joint solutions to over 550 Telecom operators internationally.
NAGRA's clients stand to gain from this partnership, as it provides an extensive array of innovative financial and digital services aimed at both corporate and consumer markets.
“With our SuperApp platform, telecom operators can efficiently organize all their digital services in a highly adaptable and modular format. Our unique 'proof of deposit' model allows them to offer financial services without needing to own a payment institute or banking license. This opens up avenues for new revenue streams and enhances digitization efforts,” noted van der Laak.
Van der Laak also mentioned that the official rollout of their SuperApp, particularly designed for Telecom operators, is set to take place between September 15 and 18 in Amsterdam.
“Our goal is to provide our customers and their end-users with a comprehensive (SuperApp) solution for all their digital financial needs,” van der Laak remarked to Metaverse Post. “From asset minting to global transactions, users will have access to a complete suite of digital services, all encapsulated within a single SuperApp that is versatile and customizable.”
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