QLC Chain joins MEF, building DLT-Based Commercial and Operational Data-on-Demand Platform
Today, Feb 24, 2020, QLC Chain, the leading public blockchain with a focus on the telecom industry officially joins MEF (Metro Ethernet Forum) (https://www.mef.net/), building a Service Chain for Information and Communications Technology Service Providers, to achieve, and to provide near-real-time self-organizing data-on-demand services to end customers.
MEF is an industry association of 200+ member companies that includes 130+ service providers and dozens of network equipment manufacturers, software vendors, testing labs, and other industry stakeholders. MEF is the driving force enabling agile, assured, and orchestrated communication services.
Data-on-demand service has been widely discussed in the industry. Two industry consortium CBAN(Communications Business Automation Network) and MEF decided to join forces on DLT-Based Commercial and Operational Framework for Data on Demand Services.
QLC Chain brought experience from both DTL and telecom fields and made contributions in pushing the technology deployment. The new Service Chain adopts QLC Chain’s existing Telecom-native DTL infrastructure, enabling the data-on-demand service with accuracy and security. Technology Service Providers can provide to the end customers more flexible service.
Allen Lee, Chief Architect of QLC Chain, says, “It is exciting for QLC Chain in 2020 with a start of joining MEF. We look forward to collaborating with more industry players and promote the deployment of the new technology and develop a profitable business model together with industry partners.”
QLC Chain started developing a public chain for the telecommunication industry from 2017 and formed a suite of products that can help improve the operation efficiency, save cost, prevent fraud and provide ease of access for customers and carriers. The products include QLC Chain A2P SMS settlement; Anti-SMS swap solution; and QLC Chain soft-sim identity for IoT devices.
In 2019, QLC Chain has demonstrated the feasibility of its products as well as the advanced public chain infrastructure to multiple China and Global Communication Service Provider (CSP) partners by Proof-of-Concept trials.
In 2018, MEF also started to recognise the potential of blockchain technology for the telecommunication industry and initiated multiple explorations on blockchain-based bandwidth on demand, IoT, voice, and billing & settlement.
CBAN is created by ITW Global Leaders’ Forum (GLF), which leverages advanced technologies such as DLT to transform the settlement of traffic among global communications providers.
About QLC Chain
Founded in 2017, QLC Chain is to resolve the data trust and security problem in the communication industry leveraging DLT (Distributed Ledger Technology) and to build a public chain for Network-as-a-Service (NaaS) platform.
Technically, QLC Chain supports each account to have its own chain of ledger integrated with telecom service capabilities, named the multi-dimensional block-lattice structured ledger. The infrastructure has advanced scalability, transaction per second, and privacy. QLC Chain has developed a suite of products with proved efficiency based on the public chain.
Learn more about QLC Chain https://qlcchain.org/
