#Airtel, #Vodafone & #Reliance Jio seek #blockchain deployments to create revenue streams.
There are 15-16 PoCs going on with various companies. Jio is also using startup accelerator JioGenNext to bring blockchain-related startups on board for development,” a person familiar with the matter said.#Telcos can use blockchain in areas including data and content monetisation and mobile number portability. Currently, the global market for blockchain is about $500 million and it is expected to grow beyond $7 billion in the next three to four years, IBM estimates.
The first 5G standard, which includes innovative technologies developed by Samsung Electronics, will be completed at this 3GPP conference," the company said.
"This will lead the market to commercialize 5G communication to serve as the core infrastructure for the coming fourth industrial revolution," it added.
Source ET
