Editor's Note: Click here for Part 1 of this three-part series on blockchain technology in the telecommunications industry.
Blockchain applications in the telecommunications sector
`1. Blockchain in the management of fraud
Losses of revenue and frauds are the result of the porosity of traditional ecosystems, the loss of fraud has been estimated at close to $ 40 billion in 2017. Despite the partial "innovations", the industry has not found a sustainable method to mitigate fraud.
Blockchain has the fundamentals and the high capacity to reduce, at least, two main types of fraud – roaming fraud and compromised identity.
Blockchain connects a device to the user's identity, leading to the case where, if the identity of a user is compromised, it can affect not only the device, but each service associated with the identity of the subscriber.
Blockchain eliminates fraud by implementing an authorized blockchain between each pair of operators that has a roaming agreement. Every time a subscriber activates an event in a visiting network, an intelligent contract is executed and the terms of the agreement between the roaming partners. This allows an instantaneous and verified authorization and a regulation in real time, drastically reducing costs and fraud.
Global Survey 2016 (neural technologies). Telecommunications operators face an estimated average global loss of 13% or $ 294 billion * (USD) from uncollected revenue and fraud.
2. Blockchain in identity management
Blockchain can help to create new sources of revenue by providing data management and identity authentication solutions to improve the user base of operators. CSPs can use relevant customer data to provide a dynamic platform for identity transactions (digital signature). Operators can develop identity management tools that are accessible to organizations, devices and applications.
3. Internet Bundle Sharing
Blockchain technology enables content providers (such as YouTube, Vimeo, Daily Motion or Netflix ….) to purchase data packets and then provide such content to their registered users, facilitating them to avoid high data costs costs. This use case can also help friends or families to share their Internet bundles with one another.
Blockchain has a great impact on the concept of "shared economy" as users will be able to reach and record shared transactions (Internet bundles or services …) and organizations to share their own resources without a centralized control authority.
4. Blockchain in revenue insurance
Telecommunications fraud refers to the use of telecommunications products or services without payment. It can be broadly classified into tax fraud and non-tax fraud. Telecommunications fraud can also be broken down into usage frauds (such as the misuse of another subscriber, call forwarding and call fraud, unauthorized private exchanges and technical frauds) as by-passing networks.) And subscription frauds (such as activation frauds, unauthorized transactions on the customer account, anomaly of subscriber data between network elements and billing, etc.).
The role of the Revenue Assurance system is not only to track and identify discrepancies in the use as reported by the OSS / BSS systems, but also to ensure that the use is invoiced at appropriate rates. The Revenue Assurance system must be able to validate charges based on rates and inventory of installed / activated equipment, leased facilities and circuits. This requires sophisticated evaluation technology that can accommodate a wide variety of charging models and do it with ease.
Trending blockchain trending technology plays a role in revenue insurance. Blockchain technology can be used to design more reliable, efficient and real-time neurology for SDN / NFV, SLA management, storage management, real-time revenue recognition, fraud detection, convergence, and more.
5. Blockchain in support for the 5G network
Smart contracts, which are one of the main features of blockchain technology, are used to automatically execute rules and agreements between access points and allow real-time availability of resources network. Network provisioning rules and real-time processing are the current problems that need to be addressed before the mass adoption of 5 th generation networks.
The blockchain platform allows a new generation of access and management technologies for the selection of the network. Supports enabling of the 5G network potential and provides a common platform with uninterrupted connectivity. 3GPP and non 3GPP can be implemented using the blockchain network and operators can provide the device connection to multiple local hotspots and Wi-Fi based on permissions. With the demand for improvements in the telecommunications network and the implementation of the 5G network, the connectivity provisioning network should grow with a higher CAGR.
6. Blockchain in number portability
Processes such as Operation Support System (OSS) and Business Support System (BSS) processes or number portability and billing databases can be optimized using blockchain. Groups can validate number portability (and billing) without problems. This is possible with the help of a shared inter-company blockchain between customers, VAS providers, VPMN (public mobile network visited), HPMN (domestic public mobile network) and telecommunications companies.
In addition, a migrant customer can be quickly integrated into the network after receiving a port request, if the receiving operator shares blockchain with the port of the client operator.
Editor's note: check again tomorrow for the third part of this three-part series.