Blockchain has the potential to have a huge impact on the telecom industry thanks to the industry’s large customer base and internal processes.
Image from Pixabay
There are numerous potential applications of blockchain in the telecom space, from voice settlement to mobile number portability.
Blockchain has ballooned in popularity in recent years mostly because of cryptocurrencies. Although they are two distinct entities, the buzz and hype around the technologies has led many to consider the two under the same umbrella. While cryptocurrencies are digital currencies that use cryptography for security and have a quite uncertain future—which is borne out by the volatility of prices in the last six months—blockchain is the technology that enables cryptocurrencies and is here to stay, regardless of cryptocurrencies’ destiny.
original article https://www.fiercetelecom.com/telecom/industry-voices-blockchain-has-massive-potential-for-telecom-industry
What do you think, do you know actual implementations in IoT, supply chain, identity management, micro payments, online ads, loyalty programs?
Or is it a nonsense hype? Is it worth to change paradigm?
Forget about money for a sec, is it worth for humankind? for the planet?
Is it worth the massive cost of energy to resolve PoW?
