Your source for the latest unbiased crypto news.

IBM plans to provide blockchain based solutions India’s telecom operators

0 7

The U.S. based multinational information technology company, IBM hinted towards its plan to provide blockchain based solution to Indian telecom operators for Do Not Call (DND) registry and portability of mobile number.

- Advertisement -

Sriram Raghavan, CTO and IBM Research vice president for IBM India/South Asia said that they probably going to launch blockchain solutions focused on DND and mobile number portability for Indian telcos by next year.

According to The Economic Times report, Raghavan said, “We have completed proof of concepts and pilots with all the major telecom providers and with TRAI [Telecom Regulatory Authority of India] in this space. We anticipate going into the New Year, we’ll start to see blockchain solutions getting rolled out.”

Along with collaborating with Indian telcos, IBM Research is also collaborating with the Telecom Regulatory Authority of India (TRAI) to resolve concerns between various entities for DND and mobile number portability. Raghavan thinks this collaboration will help to enhance the function of the TRAI., “[Blockchain] gives TRAI as a regulator more visibility and spot malfeasance quickly. Mobile number portability too is a multiparty process involving a minimum of two telecom providers, where blockchain can play a role.”

- Advertisement -

In February this year, before coming up with a set of regulations TRAI reviewed multiple blockchain projects on proof of concepts. After which telcos are now can select vendors to set up the system adhering to those guidelines.

These developments towards blockchain technology from TRAI, IBM and telcos come around two months since the Internet and Mobile Association of India (IAMAI), formed a blockchain committee responsible for a talk with various stakeholders to develop an ecosystem for distributed ledger technology in India.

Get real time updates directly on you device, subscribe now.

Leave A Reply