LEVERAGING BLOCKCHAIN FOR COMMUNICATION SERVICE PROVIDERS (CSP) TO COMBAT FRAUD AND ENHANCE REVENUE

Authors

  • Kishoregoutham K.S. , Athul P ., Pramod Damle

Abstract

Blockchain as an emerging technology is being adopted by multiple sectors, including
Telecom. This article explores how Telecom sector can deploy this technology to improve the
Communication Service Providers (CSP’s) revenue growth and build trust among the subscribers
by preventing the frauds. This article inspects how this technology will help to increase the
throughput and the overall efficiency.
Blockchain technology is a shared digital ledger which helps to update all transactions
that are happening. These records will be stored in a decentralized ledger where only concerned
people can access it. This article will also talk about how deploying blockchain for International
roaming services by having the shared ledger in a way so that CSP’s and the subscribers both are
benefited and fraud is prevented. This technology can also make the billing process simple.
Eventually, all these will lead to increase the trust of the customers and subsequently the revenue
growth will also increase.
Nowadays the Telecom sector is in a position where they cannot afford any risk of fraud
in their internal operation because of the heavy competition and loss. This is the reason why
telecom companies can completely rely on Blockchain technology.

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Published

2020-12-01

How to Cite

Kishoregoutham K.S. , Athul P ., Pramod Damle. (2020). LEVERAGING BLOCKCHAIN FOR COMMUNICATION SERVICE PROVIDERS (CSP) TO COMBAT FRAUD AND ENHANCE REVENUE. PalArch’s Journal of Archaeology of Egypt / Egyptology, 17(6), 4532 - 4542. Retrieved from http://mail.palarch.nl/index.php/jae/article/view/1702