Bharti Airtel has signed a multi-million-dollar contract to IBM to deploy a blockchain-based all India network. This will help the telecom operator to protect its 284 million Indian mobile users from pesky calls and messages.
With complete control over unwanted calls and messages, the chances of fake transactions and fraud would be greatly minimised. Besides curtailing unsolicited communication, the deployment will also help Airtel in Mobile Number Portability, interconnect settlements, supply chain organization, and content partner settlements.
In July 2018, Telecom Regulatory Authority of India (TRAI) had come up with a new set of rules directing Telcos to employ blockchain technology to reduce unwanted communications.
According to Vishal Awal, Vice President – Telecom (global business services), IBM India/ South Asia, the development will shape into the world’s foremost ‘Multi-Cloud Telecom Blockchain Network’ – a notable landmark that accentuates the architectural flexibility of Block Chain.