OpenCryptoTrust and the Telecom Revolution

OpenCT
2 min readMar 19, 2018

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OpenCryptoTrust discussed the revolutionary way that they are transforming the telecom sector through their innovative blockchain solution, at an event in New York recently.

CSO Paul Peru kicks off the first Blockchain for Telecommunications Meetup

Paul Peru from OpenCT addressed the audience with an introduction to the company and its robust, high performance, hybrid blockchain platform at Rise in New York City, on March 9. The event was also open to interested parties via a live webinar, and the executive team addressed the online and live audiences virtually from their offices around the world.

Live webinar with the OpenCT from around the globe

Throughout the course of the two hour presentation, the OpenCT team discussed their vision to be the first company to provide a blockchain solution that is specifically focused on the telecom industry. To date, OpenCT has developed two “killer apps” to solve problems that exist in this industry:

  • False or impractical bandwidth market valuation
  • Significant delays (30–90 days) in provisioning
  • Poorly implemented security and encryption
OpenCT COO Mayande Walker presenting during the live webinar

The result is improved services as well as significant cost savings for telco consumers.

These solutions are a product of OpenCT’s mission is to provide transparent connectivity in a convenient, cost effective, faster, and highly secure way, supporting the transfer of data which is so critical to today’s businesses.

If you are interested in finding out more about OpenCT, we have a twice weekly webinar on Wednesdays (investors) and Fridays (technophiles) which you are always welcome to join. You can also drop us an email at info@openct.io or check out our website at www.openct.io

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OpenCT

OpenCT is a new platform for creating new and innovative blockchain-based solutions for the telecommunications industry