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  Technology   In Other news  28 Feb 2019  Tech Mahindra, TBCASoft to support cross-carrier blockchain for telecom operators

Tech Mahindra, TBCASoft to support cross-carrier blockchain for telecom operators

DECCAN CHRONICLE
Published : Feb 28, 2019, 10:01 am IST
Updated : Feb 28, 2019, 10:01 am IST

Leading carriers recognize the value of the consortium-based Cross-Carrier Blockchain.

The two companies will develop use cases in areas of Supply Chain, Contract Management, Roaming Billing, Identity Management and Mobile transactions.
 The two companies will develop use cases in areas of Supply Chain, Contract Management, Roaming Billing, Identity Management and Mobile transactions.

Tech Mahindra Ltd. announced a collaboration with TBCASoft to promote the Cross-Carrier Blockchain Platform for telecom carriers. TBCASoft leads the Carrier Blockchain Study Group (CBSG), a global consortium of telecom carriers, which has been gaining momentum because of its unique vision and Cross-Carrier Blockchain Platform technology. CBSG Consortium members and partners are building blockchain-based services on this platform.

Leading carriers recognize the value of the consortium-based Cross-Carrier Blockchain, and the technology is gaining recognition as an innovative means of empowering carriers to provide differentiated services featuring transparency, security, real-time transactions and other blockchain advantages.

 

The collaboration aims to architect use cases leveraging the platform in upcoming areas of Supply Chain (CPE handling, pricing, reassignment), Contract Management, Roaming billing and taxes, Identity Management and Mobile transactions, to customers around the world.

As a leading digital player, Tech Mahindra is committed to helping CoSPs run Telcos better; achieving efficiency and effectiveness in operations, changing their existing setup, enabling new systems, platforms and solution methodology, and above all growing their revenues and enabling new business models.

In India, Tech Mahindra has partnered with Microsoft to create a Distributed Ledger Technology (DLT)-based solution to build a robust ecosystem in line with the regulations issued by TRAI (Telecom Regulatory Authority of India), to combat the issue of unsolicited commercial communication (UCC) or spam calls.

 

Tags: blockchain