Telecom leaders unveil new Enterprise Ethereum Alliance blockchain use case playbook

T-Mobile, SK Telecom, KDDI, ConsenSys, and other EEA SIG Members publish telecom use case playbook

Telecom leaders unveil new Enterprise Ethereum Alliance blockchain use case playbook

The Enterprise Ethereum Alliance (EEA), a member-driven standards organization whose charter is to develop open, blockchain specifications, today announced the publication of detailed blockchain use cases for the telecommunications industry prepared by the EEA Telecom Special Interest Group (SIG).

The document outlines the areas where blockchain technology, in combination with EEA standards, can speed up business transactions, improve internal operations, as well as allow for more frictionless business interactions across the global telecom sector.

The EEA Telecom Use Cases document represents several months of work by the group’s members, which include global telecom leaders known for both innovation and accelerating the adoption of new telecommunication technology and standards.

“This is one of the more comprehensive sets of blockchain use cases for the telecom industry that you will come across. The document is a direct result of the EEA SIG’s mission to help define and educate how telecom leaders can play an active role in developing the standards of the future. On behalf of the EEA and the EEA Telecom SIG, we would like to thank T-Mobile, SK Telecom, KDDI, and ConsenSys for their extensive contributions. We hope that other global telecom leaders will join the EEA Telecom SIG’s efforts to expand upon this important work.”
– EEA Executive Director Ron Resnick

By outlining how standards-based decentralized applications can enhance transparency and trust among users; reduce the risk of fraud; increase revenue; or lower transaction costs, this document helps the EEA Technical Specifications Working Group address specific industry needs in their Client Specification work.

These use cases also aid members of the Token Taxonomy Initiative in their work by providing detailed examples of real-world problems and highlighting how digital tokenization of virtual and physical goods can be a part of new and innovative solutions.

The EEA Telecom Use Cases document features the following use cases:

“These telecom use cases allow the EEA to identify the building blocks, automated contracts, and standards needed to drive the next generation of Ethereum-based telecom applications. Our goal is to educate EEA members along with global telecom professionals to the uses and benefits of EEA standards and Enterprise Ethereum blockchain technologies while fostering industry cooperation and interaction.”
– EEA Telecom SIG member Dr. Andreas Freund, ConsenSys