[2018-05-22] Top Indian telcos bet on blockchain to cut costs, push revenue

[stuartgh]

Top telcos Bharti Airtel, Vodafone India and Reliance Jio Infocomm are evaluating the deployment of blockchain technology-based platforms as they look to create new revenue streams and lower operational costs amid pressure on revenue and margins.

Vodafone India is already at the proof of concept (PoC) stage with blockchain technology, working with IBM, while Sunil Mittal-led Airtel is currently involved in initial trials, people familiar with the matter said.

https://economictimes.indiatimes.com/airtel-vodafone-and-jio-bet-on-blockchain-to-cut-costs-push-revenue/articleshow/64263351.cms