Blockchain has been penetrating into a broad range of industries nowadays, spanning from Finance industry, manufacturing, e-commerce or even Central Bank Digital Currency (CBDC). The application of Distributed Ledger Technology (DLT) is already massively on Decentralized Finance (DeFi), Identify management, web-decentralization, Governance and Gaming. However, despite the successful use cases deployed worldwide, we have yet to see significant deployment on Telecommunication services.
We address four key reasons why it was not hot in this market.
The first reason is Transformability. It is always not easy for an old company with over 20 years of organization structure to transform with new technology and process. Organization cannot make the change by migrating all the data and system intelligence in a short time, when there are hundreds of old systems running for the company operation daily.
The next reason is Developability. New network technology used to take over a decade of Research & Development to go to market. The product lifecycle has been long for Ethernet Data network as well as Internet to come to big evolution.
Applicability is the third reason. Telecom market is always competitive on pricing. It has been uncommon for telecom service providers to work with one another and share the resources on an online platform. Low transparency on product details and pricing is a major barrier to service availability.
The last factor is Governance. Without a neutral party or organization to drive the marketplace with resources readily orderable online and guaranteed service level, telecom companies have been reluctant to move forward to bring revolution to the market.
In the present work, DCConnect has addressed all these issues, and aims to provide the best experienced autonomous networking infrastructure, enabling Telco to provision all sort of Infrastructure service thro a pane of Glass, we use blockchain technology to govern the ledger as well as the SLA measurement so that the Interoperability will no longer an issue in this industry.
What DCConnect do is to change the DNA of a Telco to become more liquid more easy to access by “Automation”, somewhat similar to converting an ordinary car to an Auto-Pilot car
But it is not the only thing, we further connect all telecom island with the same protocol together, so you can now easily access to a far end location easily even without a contract. It is sort of change the industry forever.
You realise DCConnect is providing a programmable network, the really cool thing is Anyone can use it, anyone can build on it. Anyone can program on it.
Stay tuned！DCConnect’s Blockchain solution。