36 blockchain applications: What’s next?
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This report explores 36 potential blockchain use cases for telecoms, identifying the current pain point, how blockchain could help, the business driver for telcos, and real world examples.
Description
Format: PDF file
Pages: 50 pages Author: Dalia Adib, Tilly Gilbert Publication Date: July 2019Table of Contents
- Executive Summary
- Introduction
- Table of use cases
- Tracking / registry
- Data access / transfer
- Identity / authentication
- Transactions
- Settlements
- Token exchange
For each of these use cases, this report covers:
- The current problem or pain point
- How blockchain can help solve the problem
- Which of the following blockchain characteristics are most relevant to the use case
- Security: Decentralisation makes tampering with records or DDOS attacks extremely difficult
- Cost efficiency: Shared ledgers can disintermediate middlemen
- Traceability: Immutable, transparent record
- Business process speed: Automation through smart contracts
- Token value: Holding real-world value in digital assets, such as loyalty points
- Neutral and equal: Shared ownership through consensus mechanisms
- Confidentiality: Blockchain can enable collaboration without having to publicise sensitive information (particularly in a consortium/private application)
- Type of blockchain most suited to the use case (public, permissioned public, or permissioned private)
- The business drivers for telcos, such as:
- Increase existing revenues
- Decrease costs
- New revenues: market disruption
- New revenues: new market
- Compliance / regulation
- Customer experience
- Real world examples in development or production
- Potential challenges or barriers to adoption
Keywords: blockchain, collaboration, Coordination age, decentralisation, identity, Innovation, transactions