Catering the Telecom Conundrum of Revenue Leakage: Blockchain- A Business Paradigm

Idamakanti, Charishma and Bhardwaj, Kislay (2017) Catering the Telecom Conundrum of Revenue Leakage: Blockchain- A Business Paradigm. International Journal of Engineering Technology Science and Research, 4 (10). pp. 319-332. ISSN 2394 – 3386

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Abstract

A traditional telecom operation consists of a complex and long chain of inter-related operations that work jointly to deliver services to customers and then track and record the services delivered to bill the customers.Rapid increase in telecom subscriber base and the paradigm shift of consumer’s expectation from getting basic telecom services which has not only put immense pressure on telcos to adapt latest technologies but also makes them vulnerable for financial leakage. Revenue leakages and frauds are the results of the porosity of the ecosystems, which is evident by the global losses recorded under them.Blockchain is a technology which carries the potential to disrupt business models in telecom by increasing transparency and efficiencies in the telecom network and its processing. This decentralized ledger documents each transaction that occurs across a fully distributed or peer-to-peer network, either public, private or hybrid. With the industry moving towards application in the industry, new codes and sources are coming up such as Hyperledger and Raiden network to broaden the spectrum of usage in an interdisciplinary approach.There is a dearth of models on how to implement blockchainin telecom industry, therefore this study tries to add to the literature by suggesting the followings related to the working model: (1) Risk and Fraud Scenarios (2) Concepts of Blockchain (3) Revenue Assurance & Fraud Management (4) Models to Implement Blockchain by Telcos (5) Conclusion.

Item Type: Article
Subjects: Main Topics > Blockchain
Projects > BloSSom 2019
Main Topics > Economy
Divisions: Computer Science
Depositing User: Unnamed user with email richard.dabels@uni-rostock.de
Date Deposited: 05 Sep 2019 16:33
Last Modified: 05 Sep 2019 16:33
URI: http://blossom.informatik.uni-rostock.de/id/eprint/78

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