Decentralized Telecom

Introduction

Telecommunications companies have been going back and forth on how blockchain can benefit their operations. I have seen lots of content out there but no real world example on how it’s implemented by a communications service provider, therefore i want to share with you how TelecomsXChange decided to use blockchain to improve a specific part of its platform, where we thought decentralizations makes sense. While also making sure that we make it affordable for communication service providers (CSPs) to utilize it.

In my opinion utilizing the blockchain in telecom shouldn’t be complicated, At TelecomsXChange, we always aim to make advanced technologies simple, we took the time it takes for CSPs to interconnect from months or years to seconds.

The Mission

Here is what we want to achieve, give buyers or sellers a one click option and or a single API call to keep a replica of important data on the blockchain, like prepaid account balances on daily basis, and an easy way to verify the transactions and view its content in a human readable format (Text) not just hexes or binaries.

As shown below, to achieve this will develop a Smart Contract on ETC network, it will be responsible for storing the data we push from TelecomsXChange on to the blockchain.

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