IBM's Blockchain-cooperation with India's Telecom service providers

the IBM wants to make Indian telecommunications providers for the fourth industrial Revolution fit. Also the competent regulatory authority TRAI has recognized the potential of the Blockchain and DLT.

By Christopher clover
14. December 2018ShareFacebookTwitterLinkedInxingemail

While crypto-currencies in India in a difficult position, facing the government of Prime Minister Narendra modi, the Blockchain technology is quite benevolent. So modes don't want to only promote the cooperation between the BRICS States in this area; in addition, opened the world economic forum in Maharastra in October, a "center for the Fourth Industrial Revolution".

The Indian interest in the Distributed Ledger technology has also created the technology giant IBM. The US group is currently working with Indian telecoms companies to Blockchain solutions for the huge telecommunication market in the country. This was reported by The Economic Times on February 12. December.

"We have completed the Proof of Concept and pilot projects with all the major Telecom operators and TRAI in this area,"

informed Sriram Raghavan, CTO of IBM India and South Asia, the Economic Times. The TRAI, or The Regulatory Authority of India, the Indian regulatory authority for telecommunications. This has 10. In December, the parties met to discuss the further course of action. To the Economic Times, a TRAI official:

said, "[ ... ] The telecommunications service providers are now in the process to bring your provider up to date"

first step: Do-Not-Call-Register -

What provider are meant, in both IBM and non-IBM TRAI from silence so far. In the coming months, the first Blockchain to come - or DLT-products on the market. First of all, the national Do-Not-Call database should be changed to DLT. Customers can leave their phone number to register, the do not want to receive calls from tele-marketers.

for One thing: The Telecom companies of the subcontinent can do with a makeover, anyway. The Indian mobile market in spite of its immense size as a little lucrative. The reason is the low prices. However, there is in the area of network coverage is still enormous potential for growth. 70 percent of the population of India lives in rural areas. Only 58 percent of the country covered by the telecommunications network.