Blockchain Technology simplifies and secures Telecom Value Chain
Posted by deevika on November 14th, 2019
Block chain has disrupted every industry including telecom. It is a shared ledger that is replicated across all share-holders and it maintains transaction history between different parties. These transaction history records are safe and approved by stake holders. Block chain provides security, transparency and control to all the data that it maintains. An intelligence report titled, “Decoding the Blockchain Ecosystem for Telecoms: Value Chain, Players, and Telco Opportunities” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.
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Telecommunication value chain consists of several necessary components that include network infrastructure and voice, media and data connectivity. IoT and edge computing have supplemented network with more devices, enhancing the need of data security and identity. Many network management models along with infra sharing models that include mobile virtual network operators and over the top players have made their way into the main stream. Core operations such as such as business support system and operations support system include varied management strategies including partner management, customer management and enterprise management. Blockchain has simplified this entire chain of processes in telecom. Transactions are more secure, efficient and transparent now and new revenue streams have been generated.
Simplified roaming partner settlements
The process of roaming partner settlements is more simplified and can be viewed real time, enabling faster issue identification, quick resolutions and reduced disputes. SLA agreement documents are automated into smart contracts to facilitate stake holders with real-time view. Blockchain enables immediate realization of threats to the involved parties. Consortium model which is composed of various stake holders of block chain network such as KYC and trade finance, efficiently manages several business transactions.
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Block chain also benefits ad sales process in telecom that include advertisers, broadcasters and agencies. Increase in advertisement investment transparency benefits advertisers with detailed views on key factors that includes demographics, ROI and gross rating points. Broadcasters and CSPs are facilitated with efficient inventory management. Agencies are enabled to provide more reliable advertisement expenditure information to client which benefits its business.
Blockchain ecosystem for telecom: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Blockchain ecosystem for telecom. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Blockchain ecosystem for telecom. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on blockchain ecosystem for telecom.
An insightful and deep-dive assessment of the competitive assessment of the Blockchain ecosystem for telecom pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Blockchain ecosystem for telecom. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Blockchain ecosystem for telecom: Research Methodology
Primary sources and secondary sources propel intelligence report on Blockchain ecosystem for telecom that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.Also See: Blockchain Ecosystem, Block Chain, Value Chain, Stake Holders, Telecom, Report, Ecosystem
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