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Transformation of the Telecom Industry as a Result of Blockchain Technology in India

Transformation of the Telecom Industry as a Result of Blockchain Technology in India

Srishti Shaifali Minz, Ravi Mikkilineni, Shweta Dewangan
Copyright: © 2023 |Pages: 22
ISBN13: 9781668478080|ISBN10: 1668478080|ISBN13 Softcover: 9781668478127|EISBN13: 9781668478097
DOI: 10.4018/978-1-6684-7808-0.ch005
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MLA

Minz, Srishti Shaifali, et al. "Transformation of the Telecom Industry as a Result of Blockchain Technology in India." Building Secure Business Models Through Blockchain Technology: Tactics, Methods, Limitations, and Performance, edited by Shweta Dewangan, et al., IGI Global, 2023, pp. 66-87. https://doi.org/10.4018/978-1-6684-7808-0.ch005

APA

Minz, S. S., Mikkilineni, R., & Dewangan, S. (2023). Transformation of the Telecom Industry as a Result of Blockchain Technology in India. In S. Dewangan, S. Kshatri, A. Bhanot, & M. Shah (Eds.), Building Secure Business Models Through Blockchain Technology: Tactics, Methods, Limitations, and Performance (pp. 66-87). IGI Global. https://doi.org/10.4018/978-1-6684-7808-0.ch005

Chicago

Minz, Srishti Shaifali, Ravi Mikkilineni, and Shweta Dewangan. "Transformation of the Telecom Industry as a Result of Blockchain Technology in India." In Building Secure Business Models Through Blockchain Technology: Tactics, Methods, Limitations, and Performance, edited by Shweta Dewangan, et al., 66-87. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-7808-0.ch005

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Abstract

The study analyses the transformation of the telecom industry through blockchain technology as instructed by TRAI. India is a developing country where many sectors depend on telecommunication, which made the telecom industry adopt blockchain technology to eliminate various shortcomings and provide security, transparency, immutability, and control from the point of transaction and have an immediate and tangible value to roaming and settlements, identity management, mobile number portability, SLA monitoring, prevention of phone theft, and by creating a single source of truth of networks. Other use cases emerge including 5G participants with blockchain, telecom infrastructure marketplace, payments through mobile wallets, device identity, security management to elucidate timeworn industry disputes, unveiling of latest products and services with security, and drive growth to the new world of digital transformation.

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