[ad_1]
Ericsson, Huawei, Intel among the companies that study blockchain for telecommunications
Best known for providing the ledger behind various cryptocurrencies, blockchain technology is viewed by multiple sectors as potentially useful, from a high level, to facilitate secure data transactions. In the telecommunications world, ecosystem operators consider the blockchain useful in applications such as supply chain logistics, mobile payments, fraud prevention and other back-end processes.
Now the ETSI regulatory body has created a group dedicated to the study of how the blockchain can be used by the telecommunications ecosystem. The group of industry specifications of distributed permits includes representatives of Ericsson, Huawei, Intel, Telefonica and Vodafone; the first meeting is scheduled for January 24 at the Telefonica offices in Madrid, Spain.
ETSI described the charging of groups based on how blockchains or distributed registers would be handled, as well as understanding "business use cases, functional architecture and solutions … interfaces / APIs / protocols and information / data models" .
To get an idea of how telecommunications are considering blockchain as a product, look at what AT & T is doing to bring distributed accounting books on supply chain management. At the beginning of this year at the AT & T Business Summit in Dallas, Texas, the AVP of Product Marketing and Management, Mobeen Khan explained that blockchain can act as a link between the different points. focus on AT & T and improve efficiency for supply chain stakeholders.
Khan said that many of the operator's vertical solutions focus on manufacturing, transportation and retailing. "If you look at it, this is the supply chain.You have a constructor who builds things, which go through many modes of transport – be it a ship, trains, cars, plans – crosses the borders, then goes through some governments, then it ends up in a warehouse of distributors and finally on a shelf.If you look at the life cycle of the journey, what is happening in this IoT world, we, like AT & T, are providing solutions to each of the actors in that value chain. some services to producers, their outbound logistics, we provide transportation services, we locate where the truck is located, someone dropped a parcel, the pallet company that puts the packages on top of the pallets, we connect it. same are monitored and then dealers on a connected shelf.Each of this data is very quiet.It is monitored and used for very specific purposes within that particular enterprise and within it [company]in the value chain. "
Blockchain could be used to extract data from the silo and provide relevant information to interested parties who can use it to increase efficiency. "If this data comes from the source that comes from the source I come from, if this data can have an envelope around what can be shared and what can not be shared with who, under what conditions, I can trust that if I provide you these data, you're getting the right data at the right time. "And there's also the ability for each player to check out what's significant for their biggest piece of business, Khan said.
