On
Already, IQST's EVOSS division is providing critical contributions to the development of ALYI's electric motorcycle. Specifically, they support ALYI's design team and MODUS Applied Innovations by assisting in developing materials such as EV Batteries, EV Chargers,
Expanding upon their existing collaborations with ALYI, the
IQST's Latin-targeted electric motorcycle will not interfere with ALYI's operations in
IQST's expansion of its EVOSS Electric Motorcycle Division capitalizes upon the growing demand for affordable electric vehicles and adds yet another revenue stream to the company. Witnessing the success that IQST has already had with its Telecom Division, Blockchain Division, and Technology Division, investors are watching the development of the company's latest initiative.
Indeed, 2021 has been a busy year. However, much more is expected in the second half of the year.
IQST's Focused Divisions Bring Diversified Revenues
iQSTEL is a telecommunications and fintech firm headquartered in
One of the most important developments from IQST in 2021 is the launch of itsBchain, the company's long-awaited Mobile Numer Portability Application (MNPA) Blockchain Platform. The MNPA platform as a service (PaaS) industry has been estimated to generate upwards of
The itsBchain MNPA simplifies the process of switching from one phone carrier to another while keeping the same number, improving upon the usual procedure that often requires third-party services and lengthy waiting times. Intending to grant consumers and network providers greater control over the process, itsBchain offers a service that lets users switch networks while keeping their original phone number in just a few taps on their smartphone.
The better news is that itsBchain MNPA platform's accessibility, cost and time savings, and increased security benefit both mobile network operators and their consumers. The service is extraordinarily helpful in reducing the hassles of transferring phone carriers while retaining the same number, which is a common but necessary procedure for those working in international business.
Another important service planned to debut in early July involves IQST's Visa Debit Card services under the Visa Money One brand (VIMO).
One of the Visa Money One platform features that has analysts most excited is that it would allow users to purchase and sell cryptocurrencies, capitalizing on the growing public interest in the sector. The all-encompassing capabilities of the
Looking Ahead At 2H 2021
IQST's development this summer has been incredible, but shares are still missing the mark regarding valuations. Thus, a compelling opportunity could be in play.
Also, the company's industry expertise and diversified portfolio will help it earn consistent revenue streams from various sectors. IQST intends to increase its existing presence in 13 countries to as many as 113 as part of its worldwide expansion strategy. Moreover, the company expects to record upwards of
Finally, the company's recently announced expansion to its EVOSS Electric Motorcycle program will capitalize upon the growing demand for EV's in the Latin American market. Thus, the remainder of 2021 can be more than a busy time for IQST; it can be record-setting as well.
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