Blockchain | VanillaPlus - The global voice of Telecoms IT

18 January, 2022

Blockchain-based insurance claims to exceed $10BN in cost savings by 2024

Hampshire, UK.18 January 2022 – A new report from Juniper Research has found that blockchain‑based insurance will transform claims administration; saving $10 billion (€8.77 billion) in costs globally by 2024, up from $1.1 billion (€0.96 billion) in 2021. Insurance providers will increasingly leverage the benefits of increased process transparency and real-time data sharing. Data on blockchain networks is accessible to all parties; eliminating duplication of effort and minimising fraud.

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11 January, 2022

Ericsson, UTM and DNB collaborate to prepare students for the 5G era

Ericsson, Universiti Teknologi Malaysia (UTM) and Digital Nasional Berhad (DNB) recently announced their collaboration for an education initiative on 5G in Malaysia that will help educate Malaysian students on 5G and emerging technologies. This collaboration will enable UTM students to participate and contribute to the country’s digital economy and Industry 4.0 transformation.

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08 November, 2021

Blockchain to facilitate savings of $10bn globally in cross-border payments

Hampshire, UK. 8 November 2021 – A new report from Juniper Research has found that the deployment of blockchain for cross-border settlement will drive increasingly significant cost savings for banks; rising from $301 million (€260.06 million) in 2021 to $10 billion (€8.64 billion) in 2030. Blockchain implementation in cross-border settlement will enable stakeholders to leverage improved payment transparency and traceability; a critical advantage in an omnichannel payments market.

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14 September, 2021

Clear unveils its blockchain-based solution to help ICTs automate data services life cycles

Clear, a blockchain-based clearing and settlement solution, introduces a life cycle management platform for information and communication technology companies (ICTs) looking to automate their data services.

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02 August, 2021

What private blockchain means to telcos

While the telecoms sector is yet to fully embrace blockchain technology, Jonas Lundqvist, CEO at Haidrun, says that the arrival of private blockchain may change that and unlock a massive potential for telecom service providers to create new businesses and revenue streams.

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18 January, 2021

BayPay rides rise in token commerce with its simple, fast, and safe payment service

CES 2021 – BayPay is a technology company that builds economic infrastructure for blockchain with a promise to offering simple, fast, and safe payments, especially with the anticipated growth in token-based commerce during the COVID-19 pandemic, when people don’t necessarily want to hold physical money. (more…)

13 January, 2021

BiiLabs introduces blockchain-based payments, for supporting digital currencies with a tiny fee

CES 2021 – BiiLabs, a Taiwan-based startup, is using blockchain technologies to develop BlaPay, a novel solution for merchants to lower transaction fees, aggregate all payment services and ensure financial authorities to monitor without leaking trade secrets. (more…)

07 December, 2020

Deutsche Telekom and Orange carrier divisions enhancing IPX with blockchain technology

Deutsche Telekom Global Carrier and Orange International Carriers have jointly announced the successful conclusion of a proof of concept (POC) project to enhance IPX services using blockchain technology. Their decision to partner on the initiative was first revealed at the ITW 2020 digital event in June. (more…)

26 May, 2020

Digital transformation enabled for CSPs globally by new partners Tech Mahindra and Openet

Tech Mahindra Ltd, a provider of digital transformation, consulting and business reengineering services and Openet, a provider of the digital business support system (BSS) solutions, announced a global strategic partnership to enable digital transformation for customers globally. This partnership will leverage 5G and cloud technologies to accelerate digital transformation for communication service providers (CSPs). (more…)

03 March, 2020

Digital banking users to exceed 3.6 billion globally by 2024

A new study from Juniper Research found that the total number of digital banking users will exceed 3.6 billion by 2024, up from 2.4 billion in 2020; a 54% increase. This growth will be driven by the rise of digital-only banks and the ongoing focus on digital transformation by established bank brands. (more…)

News tagged: Blockchain

Blockchain-based insurance claims to exceed $10BN in cost savings by 2024

Ericsson, UTM and DNB collaborate to prepare students for the 5G era

Blockchain to facilitate savings of $10bn globally in cross-border payments

Clear unveils its blockchain-based solution to help ICTs automate data services life cycles

What private blockchain means to telcos

BayPay rides rise in token commerce with its simple, fast, and safe payment service

BiiLabs introduces blockchain-based payments, for supporting digital currencies with a tiny fee

Deutsche Telekom and Orange carrier divisions enhancing IPX with blockchain technology

Digital transformation enabled for CSPs globally by new partners Tech Mahindra and Openet

Digital banking users to exceed 3.6 billion globally by 2024

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