6 Questions CSPs should consider when selecting blockchain platforms

Thomas Spencer
Apr 30 · 5 min read
Communications service providers have critical requirements that need to be taken into consideration when reviewing blockchain platforms.

1. To Blockchain or not to Blockchain?

“Traditional databases aren’t broke, so don’t fix ‘em”.

2. Where is the ecosystem?

3. How is your network going to interoperate with others?

For telecoms clients, one of the key motivations for adopting blockchain technology is to drive efficiencies and reduce operational costs. This means blockchain technology needs to remove complexities from doing business and using a platform that allows networks to interact with one another is essential. Corda was founded on a mission to make “duplicates, reconciliations, failed matches and breaks… things of the past. Isolated pools of trapped assets will be no more,” and this vision is being delivered by Corda Network. An independent ‘internet of Corda nodes’ empowering Corda nodes and networks to interoperate, thus delivering on the promise of massive efficiencies from distributed networks.

4. Does the platform support privacy?

Blockchain platforms traditionally use global gossiping consensus protocols to bring non-trusting network participants into agreement. However, this lack of privacy is wholly inappropriate for enterprise clients handling sensitive data in regulated markets. Corda was designed from day one with a point-to-point transaction architecture to guarantee privacy. Businesses from across industries have adopted Corda because of its ability to bring multiple parties into consensus, whilst at the same time ensuring control and privacy of data which is only shared on a need to know basis.

5. Is this going to scale to meet my performance requirements?

6. Which platforms have been proven to meet enterprise user requirements?

At the end of the day, telecoms firms deal with critical national infrastructure. They will never adopt technology unless they are 100% certain it will meet their requirements. Here again, Corda has been proven to meet the security, resiliency, scalability and integration requirements of the most demanding regulated market participants and is being used in those environments today.


Corda has been designed to meet the requirements of the most highly regulated global markets and solve for some of the questions CSPs will have when considering which blockchain platforms to use.

R3 Publication

R3 Edit profile R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 300 members and partners across multiple industries.

Thomas Spencer

Written by

Working for R3 to build the future of blockchain for business.

R3 Publication

R3 Edit profile R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 300 members and partners across multiple industries.