What role blockchain plays in mobile landscape

Traditional services such as simple voice calls and messages are losing their popularity as there appeared more cost-efficient and high-quality services with expanded functionality such as WhatsApp, for example.

Realizing the demands of their clients, operators are trying to do their best to introduce 5G services within their networks as soon as possible. Customers want to get the most advanced services and carriers have nothing to do but to provide them, otherwise, they will lose the market competition.

Blockchain Adoption

Some operators have chosen not a very widespread but very promising strategy for their development that presupposes implementation of blockchain technology.

Though this technology is mostly associated with cryptocurrencies, it’s not the only its use case. Today the interest to blockchain from the side of various industries is extremely high as well as the expenses on this technology.

Mobile industry is not an exception, numerous carriers have already openly demonstrated their interest to the opportunities that are provided by blockchain. For example, Orange, Telstra, and Verizon have become investors in projects related to blockchain.

Some other operators, as AT&T for example, have filed their patents that are related to the application of this technology in telecoms.

Nevertheless, experts believe that it is just a beginning of operators' journey in the world of blockchain. It is predicted that within 5 years the estimated value of blockchain deployment in the telecoms sector could reach US$1 billion

What blockchain may bring to the industry

Being a distributed ledger technology blockchain is decentralized. It applies algorithms and encryption methods to securely record and store transactions and data on its network. The data are saved in blocks which ensures transparency and full protection from alterations.

Carriers may use these capacities of blockchain to ensure much faster launch of their new products and enhance their competitiveness. With the help of blockchain it is possible to improve the processes of the product development cycle, streamline and facilitate them.

Data management can be executed by smart contracts while DApps (decentralized applications) are able to operate business processes automatically.

Blockchain to speed up product development

As it has been revealed by analysts, blockchain-based systems are able to facilitate and speed up product development, increase the efficiency of developer’s work and enhance transparency. Blockchain allows to eliminate a lot of extra tasks related to paperwork and organizational issues.

According to the research, the blockchain-enabled approach to the product development is able to cut off development cycle time by 34 percent, ensure a 29 percent growth of productivity, and enhance the quality of work by 11 percent.

What we will observe in the future

The benefits that blockchain can bring to the mobile market and to the industry in the whole are obvious. Especially, the advantages are significant in the sphere of product development.

The mobile landscape has changed drastically. The demand for 5G is growing. Now, to satisfy the demands of their clients and not to lose the competition, mobile operators need to find new approaches to their business and a blockchain-related approach is definitely a good one to change the situation for the better.

★★★★★     Rated 4.7/5 based on 83 ratings

Featured Products

More Articles

How to get better work of external antenna in AT4000 3G signal repeater by AnyTone?

Hello. I've got a question about the work of my AT4000 signal repeater external antenna. I purchased this awesome device a year ago and I’m really happy about its effective and no-failure work. Due to it I've forgotten about constant failures and bad cell phone connection, so my Internet surfing gives me a lot of pleasure and bright moments in the World Web. 

How Do I Choose the Best 3G Signal Booster for My iPhone?

Apparently the best thing that I've come up with was to seek the help from you. I'm Patricia and I have an iphone. That's a new 'toy' for me and I'm not quite learned how to use it and I'm not fully aware of all its functions. But there are some problems and I don't like them. First of all it's a bad signal and there is just one bar on iphone.

The Question is: How to Improve 4G Signal at Home

High-speed mobile Internet is what we expect to have at hand. However, due to some hindrances on the way of a signal may prevent it from reaching your phone. In order to improve 4G signal at home, you may think of installing a 4G booster.

Welcome to Myamplifiers World!

There is hardly any modern person who can live without a cell phone and feel confident and in touch with the outer world. Everybody needs tiny tool when spending time at home, working, strolling in the street and do the shopping, while having a rest or repairing the car. Nobody can deny that having a mobile phone is really beneficial.

Have a problem with cell phone signal? Let us take care of it for you

Your comfortable and stable mobile connection is only in one click away. Just let us know about your problem and get professional help

or simply contact us: [email protected], +16178610605 (Sales), Sales Chat

×

30€ OFF* on any mobile booster at Myamplifiers

Your Discount Code:

SMARTGIFT30

Click on coupon code to apply it.

Go Shopping Now! »

* on orders over 200€.

Mobile phone signal boosters for UK · Répéteur | Amplificateur GSM 3G 4G pour la France · Cell phone signal boosters for USA · Amplificador señal móvil para España · Amplificatore | Ripetitore segnale cellulare per l'Italia · GSM 3G 4G Handy Repeater für Deutschland Signalforsterker mobil i Norge · Mobilförstärkare för Sverige · Mobil signal forstærker for Danmark · Signaalinvahvistin varten Suomi · Mobile phone signal booster for Ireland · Cell phone signal booster for South Africa · GSM-Repeater für Österreich · Verstärker | Repeater GSM 4G für Schweiz · Cell phone signal booster for Philippines · 4G GSM versterker voor Nederland · Repetidor de sinal de celular para Portugal · 为香港居民提供的手機 訊號 放大器 · Ενισχυτής σήματος κινητού τηλεφώνου για την Ελλάδα · Amplificateur | Répéteur GSM 3G 4G pour la Belgique · Mobile phone signal boosters for Saudi Arabia · Cell phone signal boosters for Hungary · Cell phone signal boosters for Singapore
Request a call