The potential applications of blockchain technology go far beyond just cryptocurrency. Digital currencies are just the tip of the iceberg of what blockchain can be used for, especially in terms of digital health, and using technology to fight the pandemic. What makes this method much more secure for large-scale data driven operations is that if one block is hacked or tampered with, all the ones that […]
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Imagine yourself as a bank executive, competing against a global, multi-service, low-cost, digital bank; customers checking their accounts via smartphones, paying bills or transferring money with a swipe of finger. An AI-powered engine allows them to play around with their ETF portfolios with absolutely no fees, or cross-border payments. Take a moment to consider facing […]
An introduction to Blockchain technology Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. According to Euromoney.com, A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. […]
Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, and Subex, an industry leader in providing services based on Digital Trust, have announced a partnership to drive scale adoption of blockchain-based solutions for telecom operators globally. These solutions will enable fraud mitigation and drive operational efficiencies for communication service […]
South Korean telecom giant, SK Telecom, has announced the rollout of its first e-wallet aimed at digitally storing and managing government-issued documents, gaining approval from the country’s Ministry of Public Administration. According to SKT, the wallet will be powered by blockchain technology, and will be compatible with Government24’s digital initiative program, which promotes and encourages […]
Blockchain technology will not prevent the emergence of new viruses but will create the first line of protection through a network of connected devices. Blockchain-enabled platforms can help prevent these pandemics by enabling early detection of epidemics, fast-track drug trials, and impact management of outbreaks and treatment. When it comes to healthcare, Blockchain technology is […]
Blockchain or Distributed Ledger Technology (DLT) is a technology that brings transparency and security. The blockchain in the telecom industry is expected to grow from USD 46.6 million in 2018 to USD 993.8 million by 2023 according to a recent Markets and Markets report. Many telecom companies around the world are adopting blockchains including AT&T, […]
Telcos companies Deutsche Telekom, Orange, Telefonica and T-Mobile US are testing as to whether blockchain could be used to create and sign inter-operator roaming discount contracts. The current system requires the agreements to be drafted, signed and then implemented by hand. The main idea of this project is that by using blockchain, the process will […]
Blockchain technology has revolutionized the internet, enabling digital information to be distributed but not copied – a digital ledger of economic transactions and a fundamental technology behind cryptocurrencies. However, blockchain provides a mechanism to apply a decentralized consensus for a wide variety of other applications. Based on increasing online traffic, it is becoming essential for […]
Content written by: Ben Dover-Wilson Telefonica, entering the next phase of its transition into an archetypal DSP, has struck a partnership that provides 8,000 Spanish enterprises the chance to get to experiment and understand blockchain. Telefonica has collaborated with the Association of Science and Technology Parks (APTE), which hosts these companies on 52 sites s […]