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Use cases for Telecom

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Energy

Telecom

Transport & Logistic

Finance

Healthcare

Public services

Automotive

Industry 4.0

Aceblock for Telecom

Telecom companies have relevant infrastructure already in place, and are heavily equipped with user-data and market insights. However, at the cusp of a new technological era the commodization of the services and consequently a lower revenue brings upon the need to reimagine their role and increase sector’s efficiency.

IDENTITY MANAGEMENT

Using blockchain, end-users can manage the access to their personal information. By providing means for simple, secure and frictionless authentication process blockchain and identity management are a perfect fit, offering carries the opportunity to overhaul legacy systems to be more cost-effective and user-friendly.

  • End-users gain full control over access to their personal information

  • Simplify the authentication process with secure digital ID`s which can be used across applications, devices and organizations

  • Build a foundation for new digital ID ecosystem and open possibilities for new revenue streams

  • Speed up the process of users onboarding

SUPPORT TO INTERNAL PROCESSES

The modularity of smart contracts which can execute different business logic allows the blockchain technology to easily streamline several processes, including operations and business support, billing and databases, whilst still making sure the data is untampered with and accessible to all authorized stakeholders in real-time.

  • Ensure data immutability with fully encrypted and tamper-proof technology

  • Record and validate each and every transaction through the distributed network

  • Simplify administration and bureaucracy-related costs

  • Reduction of operational overheads

MOBILE PAYMENTS

The number of mobile users is high and continues to rise. Consequently, mobile money services are a global trend from which telecommunication providers could greatly benefit by making international payments possible by quick and reliable identity verification.

  • Build a foundation for new digital ID ecosystem and open possibilities for new revenue streams

  • Ensure the transactions are secure, authenticated and verifiable

  • Use blockchain as the underlying technology with the trusted data

INTERNET OF THINGS

In a connected world, smart devices can perform and execute orders in a number of IoT applications, including those for smart homes, smart cities, connected vehicles and more. This is why mobile operators today are fast turning into IoT service providers. In this case, blockchain could serve as an additional layer of security in peer-to-peer data exchange, ensuring the data transactions are fast and protected.

  • Replace the centralized cloud-based system with more secure and dynamic, peer-to-peer network

  • Create an additional layer of security for connected devices where management of device identity, authorization, provision and transactions are possible

  • Increase the potential of demand-based revenue stream

  • Open new revenue opportunities by monetization of the data

  • Enhance IoT security

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