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Telefónica, Deutsche Telekom And Vodafone Use Blockchain For Roaming Settlement

Tracy CHEN

Summary: Three global industry leaders in telecommunications — Spanish Telefónica, German Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements. Developed by blockchain startup Clear, the solution is expected to reduce capital costs for telcos, support faster revenue recognition, and provide more efficient settlement for ...

Three global industry leaders in telecommunications — Spanish Telefónica, German Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements. 
Developed by blockchain startup Clear, the solution is expected to reduce capital costs for telcos, support faster revenue recognition, and provide more efficient settlement for their inter-company deals and workflows.

Tracy Chen

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