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Asked: 2019-11-14T23:30:22+00:00 In:

When will blockchain technology be used in the telecom industry?

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The blockchain technology is making progress in some key industries. Telecom is one of the primary sectors which facilitate blockchain deployment. But when one should expect that blockchain to be employed across the telecom industry.

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    1. Lawerence

      Lawerence

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      I will categorise blockchain applications by time period.

      Short term (Less than 5 years)

      • Mobile wallet
      • Spam calls removal
      • Mobile tracking and blocking
      • Micropayment
      • Small scale marketplace for trading minutes/data

      Medium-term (5 to 10 years)

      • Intercarrier settlements
      • Telecom global platform
      • Data deletion from stolen mobile phone
      • Number portability
      • Roaming calls management
      • Fraud prevention
      • Blockchain-based phones
      • Sim-less phones
      • IoT, IA, smart cities etc

      Long term (over ten years)

      • Full transformation of the telecom industry
      • Security management
      • Data management
      • Get services, mobile top-ups
      • SIM cards and even mobile phones
      • Mobile towers controlling
      • Removal of all virtual providers
      • Service providers direct communication
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