Telecom business creates new model on blockchain?

Reviewing and compile blockchain industry topic, updating market references and research environment.

Today, we are picking up telecommunication enterprise with blockchain technology.

Spanish telecoms giant Telefónica plans to offer blockchain solutions to the business market. Three months ago it announced it was setting up a network for 64 Spanish business and science parks.

Working with Ocyan, blockchain startup, provides a “cloud operating system” that deploys required infrastructure, automation, monitoring, security and data integration components to run a blockchain network.

https://acquiremarketresearch.blog/2019/08/02/global-5g-technology-market-sales-consumption-demand-and-forecast-2019-2025-broadcom-corporation-telecom-italia-ericsson-more/

5G network is future technology standard to develop internal network, and extend business models. According to the study will feature estimates in terms of sales revenue and consumption from 2019 to 2025, at the global level and across the major regions mentioned above. The study has been created using a unique research methodology specifically designed for this market. It expects CAGR, 67,44% in next decades for future network.

Samsung SDS and telecommunications service provider Syniverse announced a partnership to develop a blockchain-based mobile payments platform. The blockchain platform aims to enable seamless transactions between mobile operators and enterprises in the logistics, financial, travel and hospitality, media and entertainment, and retail markets.

Samsung SDS’ blockchain-based Nexledger Universal platform will work in tandem with Syniverse’s blockchain solution Universal Commerce for clearing and settlement as well as its Mobile Engagement (messaging) platform.

Korean telco KT Corp announced it was selected as the operating agency for Busan city’s blockchain-based local currency Dongbaekjeon. The digital currency will be officially launched at the end of this month with an annual issue amount of 300 billion won ($258 million).

Users can recharge the Dongbaekjeon card with the Dongbaekjeon mobile app, and at service counters at Hana Bank or Busan Bank. The use of the currency card is restricted to department stores, large markets, supermarkets, and some franchise-owned stores.

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CollaboGate Research Blockchain and Technology Laboratory

CollaboGate is a global blockchain research group with protocols and industrial use cases, empowering decentralized projects to progress fast and innovative decisions at scale.

Blockchain Project Research Study

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Co-founder and CMO Collabogate, blockchain research and practical community

CollaboGate Research Blockchain and Technology Laboratory

CollaboGate is a global blockchain research group with protocols and industrial use cases, empowering decentralized projects to progress fast and innovative decisions at scale.

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