Four Telcos Test Blockchain Solution To Automate Roaming Discounts
Cointelegraph
Published Feb 17, 2020 06:00PM ET
Updated Feb 17, 2020 07:42PM ET
Four Telcos Test Blockchain Solution To Automate Roaming Discounts
A group of four international telecommunications companies are currently testing a blockchain-based solution to automate the management of inter-operator roaming discount agreements. According to a report published on Feb. 17 by Mobile Europe, Deutsche Telekom (DE:DTEGn), T-Mobile US (NASDAQ:TMUS), Telefonica (MC:TEF) and Orange say the solution vastly reduces the complexity of the current system, and is “production ready.”
The new solution revamps a process that hasn’t changed in many years and involves drafting, signing and manually implementing agreements for discounted roaming charges.
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Written By: Cointelegraph
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