Enterprise Blockchain Use Cases - Telecom IndustryBlockchain Dashboard - Telecom
Comprehensive coverage of blockchain action taking place in the telecom industry. Blockchain Projects, use cases, consortia, enterprises involved, executive decision makers, and benefits of blockchain adoption.
Blockchain Use Cases
Enterprises from the telecommunications industry are testing blockchain technology for more than 15 different use cases, some of which include, inter-carrier settlement, supply-chain management, mobile-number portability, blocking stolen devices, cross-border payments, and customer loyalty management, among others.
With more than 50 enterprise blockchain projects already underway, it is clear that the action in enterprise blockchain space within the telecommunications industry is fast gaining momentum. The fact that more than 75% of these projects have been announced in 2018, shows that the telecommunications industry has woken up slightly late to the promise of this technology.
Countries where Blockchain Projects are Underway
The adoption of this technology is well-spread across various geographic regions, even as the companies from the Asian region seem more proactive, than their western counterparts.
Unlike other industries where large system integrators and IT vendors are leading major projects, a high majority of projects in this industry are being undertaken by in-house technology teams or specialized blockchain vendors (application developers).
Blockchain Technology and Consulting Vendors
Enterprises Involved in Blockchain Projects
More than 60 enterprises and organizations, that include mobile service providers, network equipment manufacturers, consumer device manufacturers, and regulators are testing this technology.
These enterprise blockchain projects are helmed by senior executives that include a combination of business and technology decision-makers from enterprises as well as technology and consulting solution providers. Some of these executives include CEOs, CTOs, Founders, Vice Presidents, Head of Innovations, and Chairman of Regulatory body, among others.
Senior Decision Makers who are driving these Projects
The newfound urgency for adopting this technology is also evident from the fact that recently two blockchain consortia have been formed where telecommunication companies are playing an important part.
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