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Joseph Lubin Thinks That Ethereum Adoption Is Growing Despite The Falling Price

Stefan by Stefan
12/12/2018
in Blockchain News
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In our latest blockchain news, we have The Telecom Regulatory Authority of India finishing the blockchain pilot together with the tech giant IBM in order to improve mobile data records.

The trial’s results were reported today, December 12 by the Indian daily newspaper The Economic Times. The telecom regulator cooperated with other telecom providers to complete the tests so they could explore the many benefits of the blockchain technology thus improving the mobile network systems such as the Do Not Call Registry.

The Vice President of IBM Research Sriram Raghavan confirmed that the company delivered proof-of-concepts and other pilots with major telecom providers including the TRAI. He explained that with the use of blockchain technology the companies will be able to store DNC data and MNP data on their own private distributed ledger with ‘’customer consent’’. This way, the government agency will have the needed tools for easier monitoring of the network and spotting unlawful acts.

MNP or mobile number portability is a great feature that allows mobile phone users to keep their numbers in their phone when changing mobile network carriers. The do not call registry is basically a data record that provides the customers with the option to block incoming telemarketing calls.

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Back in may this year, the TRAI announced its plans to implement blockchain technology in order to prevent scams and fraud in the telecom industry. They believe that the blockchain is a great solution and that it will provide the regulators with better tracking tools.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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