Technology News, IT News, and Press release service Submit Press Release

Information Tech News & Press Release Distribution

Press release distribution service

Home | Search Global IT News:
IT News & Press Release Distribution:

Global Blockchain in Telecom Industry Grow at a CAGR of 86% During 2021-2027

(IT-NEWSWIRE.COM, August 27, 2021 ) A blockchain is a public electronic ledger that is distributed among shareholders in a network and keeps track of all transactions between two or more parties. It assists telecom firms in streamlining procedures, identifying them as secure, visible, and capable, and identifying new revenue streams through digital packet value propositions. Delivering vital network infrastructure and greater connectivity for media, data, voice, and other associated services is part of the telecoms value chain. Telecom firms can use blockchain technology to request data integrity, data security, fraud prevention, and data inspection. As a result, the telecom industry is increasingly adopting blockchain technology.



The growing deployment of 5G serves as a driver for blockchain adoption in telecom, as 5G enables faster and more reliable blockchain operations. Telecommunications fraud, sometimes known as telecom fraud, is a rapidly expanding criminal activity. For communication service providers, blockchain can aid in fraud detection and prevention. The criteria that are required for blockchain adoption include scalability and interoperability. This is only conceivable until industry standards are established, which is currently lagging. The telecom industry is having a hard time using blockchain technology on a large scale. However, the lack of uniform standards, as well as growing worries about user authenticity and uncertain regulatory status, are important restraints on the expansion of Blockchain in the Telecom Market. Many businesses fear that identity theft by criminals can enable them to acquire access to account information, and that blockchain cannot prevent this. Furthermore, there is a widespread belief among businesses that data confidentiality, integrity, and availability may be jeopardised. Furthermore, regulatory restrictions on the implementation of blockchain technology and a lack of uniform standards may stymie the market's growth.



The disease has expanded to nearly 180 nations around the world since the COVID-19 viral outbreak in December 2019, prompting the WHO to declare it a public health emergency. The disease's global effects are already being seen, and it is predicted to have a big impact on the blockchain in the telecom sector by 2020.



View complete report @ https://whipsmartmi.com/report/blockchain-in-telecom-market



Request a Sample of this research @ https://whipsmartmi.com/sample/ic0789/Blockchain-in-Telecom-Market



This report offers the major market player’s profiles, such as AWS (US), Guardtime (Estonia), IBM (US), Microsoft (US), SAP (Germany), Bitfury (US), Cegeka (Netherlands), Clear (Singapore), Reply (Italy), ShoCard (US), Abra (US), Auxesis Group (India), Blockchain Foundry (Singapore), BlockCypher (US), Blocko (South Korea), Blockpoint (US), Blockstream (US), Chain (US), Filament (US), Huawei (China), Oracle (US), RecordsKeeper (Spain), Sofocle (India), SpinSys (US), and TBCASoft (US).



The Blockchain in Telecom Market report has been categorized as below



By Provider

Application Providers



Middleware Providers



Infrastructure Providers



By Application

OSS/BSS Processes



Identity Management



Payments



Smart Contracts



Connectivity Provisioning



Others (Roaming and Digital Asset Management)



By Organization Size

Large Enterprises



SMEs



By Region



North America

Europe

Asia Pacific

Rest of World



About whipsmartmi:



We are a growth partnership company that provides fact-based consulting services focused on helping our clients achieve incremental and transformational growth competing in business-to- business and business-to- consumer markets. We facilitate their growth journey through an environment that is dominated by accelerating change, constant evolution of new business models, disruptive trends and technologies in their respective industry.



We serve a wide spectrum of global industries such as Semiconductor and Electronics, Information Technology, Communication, Medical Devices, Pharmaceuticals, Defense, Aviation, and Chemicals among others. Our well-seasoned blend of technical and marketing expertise enables us to serve our customers with comprehensive study of global supply chains that helps them to devise highly effective strategies.



Whipsmart Market Intelligence blog



Whipsmart Market Intelligence Press Releases

Whipsmart

Neeraj

5102005090

neeraj@whipsmartmi.com

Source: EmailWire.Com

Source: EmailWire.com

Information Technology Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology (IT) Advertisement
    Information Technology Sponsors



    Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    ITPresswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    :: Home: :: Submit Press Release :: Subscribe to News :: Shop Online :: Contact Us :: Help

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    ITPresswire.com - Newswire and Press Release service of GroupWeb Media LLC