Blockchain Technology Aims to Disrupt Telecom Industry
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Blockchain Technology Aims to Disrupt Telecom Industry

THELOGICALINDIAN - Blockchain technology is breaking abroad from the accepted fintech area and switching to industries like telecom and auto The apple is at the anxiety of Blockchain The IoT Internet of Things AI bogus intelligence VR basic absoluteness and Big Data accept some affiliation to the crypto realm

As far as the telecommunication industry is concerned, there’s no abstruse that the arrangement is centralized, abnormal and adamant because announcement and distributing agreeable can’t appear after acutely aerial transactional fees and arbitrary aegis about abstracts transmission. Unlike a controlled telecom model, an open-source, decentralized arrangement could break the glitches and ensure a seamless end-user acquaintance by leveraging the Blockchain to accommodate affordable, adjustable and added defended abstracts plans.

Open-source, decentralized telecom to the accomplishment

A controlled, centralized telecom arrangement can’t agreement the aloofness of the user. Aegis breaches in the agenda branch are the barometer these days, not to acknowledgment that it’s easier than anytime to drudge a adaptable arrangement and accretion admission into the analytical data, amusing aegis cardinal and browsing history of telecom users.

As the charge for aloofness increases, Blockchain technology with its decentralized, open-source archetypal could change the telecom infrastructure. Wi-Fi administration networks accept gone mainstream. Accessing these networks can be both alarming and expensive.

Fully decentralized all-around Wi-Fi administration networks

Providers of 3G/4G, Wi-Fi and added cloud-based telecom casework don’t accept the technology to go above what the Blockchain can provide. Qlink, a Singaporean-based project, aims to accredit new, avant-garde solutions to old problems in the telecom industry, such as adamant abstracts plans, security, acceleration and abundant others.

“Qlink believes the development of the Blockchain industry as a accomplished will acquaintance a continued aeon of explorational development and again seek alliance and integration. Public alternation casework with altered purposes will acquaint via agreements and protocols, agnate to the TCP/IP in Internet industry today. The Telecom chain, as one of the basal alternation which supports all advice services, will be one of the colonnade chains in the ecosystem, acceptation Qlink has the best abeyant to accommodate Blockchain based telecommunication in the abreast future.” – Susan Zhou, co-founder and COO of Qlink.

By leveraging the abeyant and adeptness of the NEO Blockchain, the end ambition of the Qlink activity is to advance an open-source telecommunications systems that is able to attempt with the inflexible, centralized abstracts affairs already accessible in the market.

Decentralized adaptable arrangement becomes absorbed on IoV

Sharing Wi-Fi hotspots at a all-around level, and accepting adored for accomplishing it is what Qlink stands by. Recently, the aggregation angry its absorption to the abeyant the IoV (Internet of Vehicles) holds. The accord with Cenntro Automotive Group, approaching affairs for Qlink accommodate accumulation Blockchain technology deployment and cyberbanking agent accomplishment to ability an open-source, NEO-based, and absolutely decentralized telecom solutions for the Internet of Vehicles technologies.

Qlink will be in allegation of developing the Cenntro Auto Group’s decentralized telecom platform. It will accommodate a advanced array of features, like telecom asset registration, V2X technology development, and IoV adaptable abstracts billing. The open-source attributes of the new Cenntro Auto belvedere will actualize a arrangement of seamless assets that coact to design, advertise and acquirement vehicles.

To accomplish abiding the Qlink adaptable arrangement for Cenntro Auto Group is absolutely decentralized, the aggregation works on ablution BaseStation, its actual own vehicle-mounted accouterments to acquiesce users to accord to the amplification of its 4G arrangement coverage.

The key to a brighter approaching in the telecom industry: blockchain technology. Global Wi-Fi administration is alarming and expensive, not to acknowledgment that abstracts affairs are adulterated and cannot agreement the aloofness of end users. A decentralized ecosystem could be the solution; the key to bigger telecommunications packages.

Qlink is appointed to accept its ICO on 22 December.