Blockchain-based Telecom Infrastructure Marketplace

Blockchain and Distributed Ledger Technologies (DLT) can be deployed to develop a marketplace enabling stakeholders (CSPs, asset providers, service providers, regulators…) to transact and exchange value with trust based upon smart provenance and governance. These technologies provide a secure, decentralized audit infrastructure. A distributed ledger marketplace can store such transactions (who uses what) in an immutable environment. Data integrity is achieved through a decentralized consensus protocol that doesn’t require mining, or incentivization in a permissionless architecture. Thus, infrastructure is free to use and can perform zero-value transactions carrying required auditing metadata.

DLT, using zero-value transactions, can be used to store any meta-information as transaction payload, allowing the creation of digital twins.

All this information can be immutably stored in the shared ledger and accessed simply by querying them through a specific transaction hash or other metadata tags. A 2nd layer protocol, Masked Authenticated Messaging (MAM), allows events associated to a given asset to be captured, by creating intricate data structures linking different transactions referring to the same asset. This creates a MAM channel. This way digital twins can easily be extended to capture the current user (as new messages in the channel), leading to a trusted audit trail of who uses which assets and when, associated with a transaction trail.

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Blockchain-based Telecom Infrastructure Marketplace Catalyst: Blockchain-based Telecom Infrastructure Marketplace

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