The Enterprise Ethereum Alliance (EER), a corporation that strives for requirements within the blockchain sector, has printed a group of use instances for blockchain in telecommunications.
Blockchain options for telecom
The EEA shared the announcement with Cointelegraph on 28 August. In line with the announcement, the brand new doc on blockchain options within the telecom trade was created by the EEA Telecom Particular Curiosity Group (SIG).
This doc is free and open to the general public and allegedly incorporates details about how blockchain know-how can streamline enterprise transactions and inner actions in telecommunications. As well as, the doc claims to display how so-called decentralized purposes primarily based on requirements can scale back fraud threat, in addition to extra direct monetary advantages.
Use instances and collaborators
As well as, the doc incorporates plenty of detailed utilization situations for blockchain options in telecom, together with the next: Blockchain-based Telecom Name Roaming Person Authentication; Blockchain primarily based roaming telecom calls; and Generate knowledge privateness and revenue, amongst different issues. EER Telecom SIG member Dr. Andreas Freund from ConsenSys commented:
“With these instances of telecom use, the EMA can determine the constructing blocks, automated contracts and requirements which can be wanted to drive the subsequent technology of Ethereum-based telecom purposes (…) Our aim is to tell EEA members along with international telecom professionals use and advantages of EEA requirements and Enterprise Ethereum blockchain applied sciences, whereas selling collaboration and interplay within the trade. "
Various massive telecom teams helped put together this doc, and EEA Government Director Ron Resnick commented on a few of these notable contributors. He mentioned:
“On behalf of the EER and EER Telecom SIG, we wish to thank T-Cell, SK Telecom, KDDI and ConsenSys for his or her in depth contributions. We hope that different international telecom leaders will be a part of the efforts of EEA Telecom SIG to develop this essential work. "
Prior work of the EEA
As earlier than reported by Cointelegraph, the EMA printed a doc in Might on blockchain use instances in the actual property sector. Greater than 50 actual property firms contributed to the challenge, which incorporates 4 essential use instances for blockchain in actual property. These use instances are property token, token-compatible market locations, a standardized property knowledge system and a use case to hurry up the recording and switch properties.