Carrying the Communications industry forward
July 12, 2019
July 12, 2019
Blockchain technology puts communications service providers (CSPs) on the brink of a $1 trillion-plus opportunity: playing a key role in tracking and transferring value across billions of devices, sensors and other entities where their Pervasive Network plays a part.
Explore new research by TM Forum and Accenture for guidance about how, when and where to deploy this exciting new capability.
VIEW THE REPORTWatch as Adriano Poloni, Accenture’s Tech Lead for Communications & Media, discusses our joint report with TM Forum: Blockchain: Where’s the value for telecoms?
Accenture's Adriano Poloni discusses a new joint report at "TM Forum - Blockchain about Where’s the value for telcos. See more.
View TranscriptAccenture’s latest research for our Technology Vision 2019, our annual checkpoint on the technology priorities which businesses should start planning for now, offers the first trend as "DARQ power". This research and our work with the leading CSPs across the globe mean that we firmly believe that distributed ledger technology, artificial intelligence (AI), extended reality (XR) and quantum computing will be the next set of new technologies to spark a step change in allowing the reimagination of entire industries.
At its most basic level, blockchain—a subset of distributed ledger technology (DLT)—is a new type of database system, distributed.
Blockchain technology allows multiple stakeholders to confidently and securely access identical copies of distributed data. There is no need to run a costly and slow inter-organization data reconciliation process.
CSPs’ revenue growth opportunity lies in combining their strengths in connectivity and trust with blockchain’s advantages in security, trust and speed. A few promising use cases include:
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