Blockchain: From Connectivity Pipe → Smart Contracts! In addition to exploring diversified VAS opportunities, telco Carriers are also seeking to cut costs, achieve transactional efficiencies and better facilitate transparency & accountability within their (complex) multi-faceted operation… enter Blockchain! Blockchain will enable telecom carriers/operators to realize these goals (& more), in part due to the platform’s inherent traits – namely – shared ledger, near-real-time immutable updates, cryptographic security and auditable smart contracts For example, a blockchain platform could aid Carriers in seeking out valuable cost savings; particularly from within their multi-party transactional operations (e.g. Supply…
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