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SINGAPORE ?? Clear, the developer of blockchain-based clearing and clearing networks, today announced a partnership with Nokia, a leading multinational telecommunications equipment provider. The alliance will see Clear partner with Nokia as part of its WaveHub ecosystem initiative to improve the way the telecom industry delivers services through automated solutions.
The Nokia Optical Networking solution enables service providers to create smarter, more automated networks that optimize service delivery across the optical service value chain, comprised of network operators, resellers, partners and end customers. Combined with Clear’s automated bargaining, settlement and post-trade activities, suppliers will now be able to accelerate the delivery of services along this value chain.
Specifically, the two companies are moving to further automate the optical service lifecycle by combining Clear’s solution with Nokia’s WaveSuite Service Enablement software applications that enable service providers to rapidly virtualize and monetize their optical infrastructure. The rationalization of the service contracting process together with the fulfillment of the services translates into faster revenue times and a more differentiated offer.
Eran Haggiag, co-founder and executive president of Clear, said, “This partnership with Nokia, a longtime leader in the development and implementation of optical network solutions, is a milestone in Clear’s focus on transforming business. B2B within the industry. By providing an ecosystem for more efficient and transparent clearing and settlement processes through bespoke blockchain-based solutions, telecom operators will be better supported to offer users the best experience when it comes to exciting new innovations. like 5G networks “.
As part of the partnership, Clear is present on Nokia’s WaveHub Marketplace, a digital “store” of solutions and services. The WaveHub Marketplace allows customers to learn more about Clear’s blockchain-based clearing and settlement services.
Robert Marson, WaveHub Ecosystem Lead at Nokia, said, “Nokia’s partnership with Clear further enables the automation of sales and fulfillment processes for optical connectivity services. Our partnership also simplifies the contract and termination processes for WaveSuite Service Enablement customers “.
Built in 2018 by a team of passionate entrepreneurs and experts, Clear is a corporate blockchain company with a vision of enhancing business partnerships. Clear automates trust by eliminating disputes and discrepancies through programmable business logic shared in a secure blockchain environment. The company is setting the de facto standard for the future of peer-to-peer enterprise markets, delivering tangible cost savings and greater efficiency for businesses as it steers the future of regulatory compliance.
This news follows a series of strategic partnerships and announcements from Clear in recent months, including successful trials with three of the world’s largest telecommunications companies, Deutsche Telekom, Telefónica and Vodafone, as well as a Series A investment of 13 million. dollars.
Clear
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