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The evolution of Telecommunication industry with Blockchain Technology



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Imagine you are operating a server farm from your San Jose data centre facility and you are expanding your server pool to your new Data Centre in Jakarta. Should I reach out to the US or Indonesia’s Carriers, or should I simply have a chat with the two data centres vendors for a request to build a private line between the two facilities?

Why should I need to talk to so many different vendors but not as simple as making a phone call to connect the two different locations?

From carriers’ perspective, they need to manage their on-net resource and resell off-net partner’s resources. They also face the same issues with different turnaround times, different support and billing logistics. To fix and resolve a networking problem will be very difficult since it involved multiple parties with multiple demarcation points.

What if there is a standard for carriers to comply and run everything automatically?

Carriers will only need to focus on building the underlay network and customer acquisition. Customers can validate, get billed a service End-to-End without pain.

A blockchain which is a decentralised autonomous mechanism is deployed to capture and preserve the carrier’s network quality and quantity, in terms of the subscribed network bandwidth, delivery time, SLAs and most importantly Billing and Settlement.

DCConnect introduced the Proof of Work for service validation, Proof of Stake and Proof of Coverage to ensure all carriers can deliver what they commit. This fundamentally evolves the Telecom service into a high degree of reliability and autonomy.
DCConnect solution builds upon the following novel concepts:

• Network automation
• API integration
• Path searching
• Service Validation
• Pricing and settlement methodology

DCConnect’s mission is to leverage advanced SDN and blockchain technology to create the first automated autonomous network ecosystem whereby the partners are incentivised to involve, connect network and bandwidth resources to address today’s networking challenges.

To find out more, please access to our website at https://www.dcconnectglobal.com/
Category
Cryptocurrencies
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