The Telecom Regulatory Authority of India (Trai) is planning to use blockchain to prevent unsolicited telemarketing communications, Business Standard reports today, May 30.
Trai claims that the technology will enable regulators to accurately track ‘pesky’ telemarketing spammers, who often use unregistered 10-digit phone numbers to evade tracking. Trai Chairman RS Sharma claimed that Trai is “probably the first organization” to implement blockchain as a RegTech (regulatory technology) “on such a large scale,” explaining: