Blockchain, the latest sensation with decentralized technology is busy marking its presence in every industry out there. While all the domains are experimenting with blockchain, why the telecom industry should stay behind..? There have been many proposals for implementing blockchain in telecommunication. There are also many use cases put up by experts were applying the blockchain can bring considerable improvement to the industry.

Blockchain can be used in the telecommunication domain to enable interoperability between various systems working under it. There is a growing pressure in the industry to improve service quality while cutting down on the costs of operation. So, blockchain can be an essential solution which has the possibility to implement this.

there are many areas such as creation and management of customer ID, network security, nabbing fraudsters, smart connections where blockchain can be an effective tool for contributing towards the growth of the telecom industry.

In this post, we will discuss the implementations of blockchain in telecom which will overcome the current challenges it is facing.

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Challenges and How Blockchain in Telecom Will Tackle Them.?

Now, let’s discuss those attributes of the telecom industry which needs improvement to function efficiently.

ID Management

A person who is making use of the telecom service in a region must have a valid identity. If there is no identity or no means to properly record identity, there will be a misuse of the technology. It’s happening as well.

Now, telecom companies do a lot of manual work to perform concrete identification of their respective subscribers. It costs a lot of resources, time and of course a huge amount of money.

So, to deal with that a blockchain app can be used that users can install to generate a unique ID. This ID will be in the encrypted format and remains on a blockchain network.

So, validation of identity will become easier. Of course, it will eliminate the chance of duplication. Having their IDs put over an immutable and non-removable ledger, the number of people trying to indulge in crank calls can be caught easily. Their IDs will give them away.

Internet of things

Unauthorized access over private and public networks is a serious issue and is a criminal offense as well. So, telecom networks making use of the internet of things are vulnerable to unauthorized access.

So, if IOT and blockchain come together then it will lead to the implementation of better network security. The network would be peer-to-peer in nature connecting several nodes. together. These nodes would work on a single embedded IoT sensor on each of them. These nodes will authenticate access on a network, thus fortifying the security of the network.

Smart Connection

This is another innovative application of blockchain that will enable the local Wi-Fi and hotspot providers to provide the connection to the users based on unique identification parameters.

Fraud Detection

If you use landline or cellphone, at least once you have come across conmen trying to rob you with fraudulent schemes and masquerading as banking officials. so, if there is a proper use of blockchain to record and establish the ID of the people using the telecom, the fraudsters can be nabbed easily.

Roaming

This can be one major implementation of the blockchain technology in telecommunication. Usually, the roaming charges are higher because the virtual network provides services of various tele-carriers on the go. So, the distribution of connection is what contributes to the hefty pricing. However, if blockchain is implemented, it will enable the micro-contracts between the subscriber and the providers.

As & when users begin to experience roaming due to switch in networking, the aforementioned smart contract will get activated. This will help achieve transparency in the network and the users won’t be charged a big amount of money for availing roaming.

So, that’s it, guys. These were some possible implementations of blockchain in the telecom domain. Do let us know your opinion on whether blockchain will make a positive effect on the telecom industry.