Office of Communications (Ofcom), the British telecom, broadcasting, and postal regulator, has revealed a plan for a blockchain-based telephone numbering management system, the body said on Monday. Ofcom will create and test a distributed ledger technology (DLT) solution for existing problems in landline numbering with the possibility to expand blockchain usage into other sectors of its supervisory authority if the project operates successfully.
Blockchain could bring various benefits to the telecom industry, especially in the planned move from traditional analog landline phones to an all internet protocol (IP) infrastructure, the regulator explained. Ofcom received a 700,000 British pound (more than $916,000) grant from the Department of Business, Energy and Industrial Strategy, dedicated specially for the project. The initiatives, which will run till April 2020, should en...
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