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Blockchain in the Telecoms Industry: Revolutionizing Cell Phone Usage?

Published 07/23/2019, 11:09 AM
Updated 07/23/2019, 11:21 AM
Blockchain in the Telecoms Industry: Revolutionizing Cell Phone Usage?

“[X-Number of] Industries Blockchain Will Disrupt” — How often do you come across articles with a headline like this? Every time, we discover new ways to implement the tech and, while being filled with inspiration, look around to see no practical change. Speaking about blockchain in use, we should therefore consider its potential rather than today’s use cases.

It’s no wonder why blockchain seems to be “the one” for many industries in which data processing is involved (side note: everywhere). It especially happens to be the solution in industries in which security matters the most — e.g., banking, logistics, health care, voting systems, cloud storages and so on. Blockchain grants all wishes when it comes to immutability and secure authentication, and promises to solve most if not all challenges that industries face.

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