Reading Time: 10 minutes Fighting the monopolies which dominate our lives is not a new game for Alex Mashinsky, As an immigrant to the US, he decided to take on AT&T which was the most profitable company in the US back then. Almost all of its profit came from international voice call settlements. Mashinsky proposed to replace the decade-old practice of charging users $3 a minute to call relatives abroad with a free internet-based service he called Voice Over Internet Protocol. Few believed such service could even work, as the entire internet was a slow and cumbersome dial-up system that used the phone network as its backbone. Mashinsky persevered though, and today over 3.bn people all over the world freely use the technology he helped pioneer.
Tag: blockchain banking
Rhonda D Eldridge: Humble Pie? The Proof is in The Eating
Reading Time: 8 minutes How to achieve despite the odds? Sometimes you have to get off the island – literally as well as figuratively. Rhonda D. Eldrige proved herself time and again before turning her life skills into an organisation that has helped thousands of others. Read her story of rags to riches here. […]