Global Blockchain Mining cheers AmmbrTech partnership
U.S.-BASED AMMBRTECH Inc., which develops and manufactures the suite of blockchain-driven wireless mesh routers for Ammbr Foundation Pte. Ltd., has partnered with Smartware Technologies Pvt. Ltd. for deployment of Ammbr routers and Ammbr’s blockchain micropayment architecture to underpin a licensed franchise model for voice, data and content delivery across India. Smartware is a Class A licensed Pan-Indian Internet service provider, based out of Mumbai. Global Blockchain Mining Corp. first announced its partnership with Ammbr in October of 2018, for the development of its blockchain-based network, and this partnership foreshadows favourable near-term developments for Global Blockchain Mining shareholders.
Smartware’s chief technology officer highlighted the market imperatives of India, commenting: “Vast geographical distances, diversity of deployments from massive, densely populated cities to rural villages and the full spectrum of socio-economic environments can be daunting and costly for any single operator of a telecom network. Ammbr technology allows us to harness this diversity and easily partner with franchisees that know their specific local markets. Ultimately, this will prove our approach to be highly sustainable in terms of financial, technical and social factors.”
Smartware plans to operate a national network infrastructure and has access to additional infrastructure through its extensive partner network. This includes network operations centres (NOCs), fibre optic networks, Internet exchanges (IXs) and points of presence (PoPs). Its aim is to rapidly deploy last-mile infrastructure to service government, enterprise and retail customers, utilizing its national backhaul capacity and its access to international subsea fibre networks.
The first deployments of Ammbr technology will be in 53 Tier 1 and Tier 2 cities and 15,000 villages in the Maharashtra province of India, for which Smartware has been selected to provide services to corporate and government clients. An extensive requirement analysis and planning phase will culminate in the initial rollout for mid-2019 and scaling up through 2020.
“We will establish local manufacturing of Ammbr devices in order to serve the anticipated market volumes and meet local content requirements from some custom ers,” said Kumar Subramanian, chairman of AmmbrTech In dia, an AmmbrTech subsidiary.
Derick Smith, chief executive officer of AmmbrTech, added, “The low capital expenditure and operating expenditure proposition of our solutions drives down the costs of infrastructure deployment an d al lows mul ti ple business entities to seamlessly interoperate in what effectively is an inclusive marketplace for broadband connectivity.”
Simon Ditner, who is the chief technologist officer at Global Blockchain Mining, added: “This deal with Smartware is great for Ammbr. It will result in a level of network adoption that most wireless mesh networks haven’t been able to attain to date. This will also be one of the most prominent-use cases of blockchain technology. Our team at FORK is thrilled to have helped to bring it to fruition, with many more groundbreaking blockchain projects in the pipeline.”
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Erika Flores condensed this news release ([email protected]watch.com).
Peter Morgan McCague, Steven Nerayoff, Brendan Purdy, Johannes P M van der Linde
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