# Four telecom giants team up to trial blockchain

By Shampa Mani

Canonical URL: https://www.tokenpost.com/news/technology/206
Published: 2018-08-22T10:13:22.000Z
Updated: 2018-08-22T16:10:22.000Z
Section: Technology

> Telecom giants CBCcom, PCCW Global, Sparkle and Tata Communications are teaming up for a Proof of Concept (PoC) aimed at demonstrating fast commercial interactions and settlements using blockchain technologies. The Po…

Telecom giants CBCcom, PCCW Global, Sparkle and Tata Communications are teaming up for a Proof of Concept (PoC) aimed at demonstrating fast commercial interactions and settlements using blockchain technologies.

The PoC will be conducted in collaboration with technology vendors [Clear Blockchain Technologies](<https://clearx.io/>) and Cataworx. It will be demonstrated between the 29th and 31st of October 2018 at the MEF18 global networking event (MEF18event.com) in Los Angeles, California.

In an [online post](<https://clearx.io/clear-to-deliver-blockchain-based-bandwidth-on-demand-proof-of-concept-with-industry-leaders/>), Clear Blockchain Technologies noted the growing demand for flexible, high-quality bandwidth and a guaranteed quality of service. Say, if a user wants to participate in a high-quality video call, he/she would want to pay for high-bandwidth services only when they need it as they are expensive. The same is true for VR/AR, autonomous cars, IoT, and more.

However, current carriers and mobile operators cannot provide these “on-demand” services because their back-office systems currently do not support automated multi-product inter-carrier financial transactions and operations with multiple carriers. This is where blockchain technology comes into the picture.

“By creating a blockchain-based commercial iterations, billing & settlement layer, Clear enables carriers to automatically discover, quote, deliver and settle multi-product, multi-party services, eliminating reliance on a centralized intermediating party,” it said.

According to the [official release](<https://www.businesswire.com/news/home/20180821005215/en/Industry-Leaders-Unite-Deliver-Proof-Concept-Speedy>), the Bandwidth-on-Demand PoC will demonstrate the power and viability of a synchronized and decentralized global supply chain for inter-carrier bandwidth-on-demand services.

In the PoC:

Cataworx will demonstrate LSO Sonata inter-carrier quoting solutions and LSO Cantata intent interfaces, enabling customers to rapidly discover and order services that span across multiple carrier networks.

Clear will demonstrate LSO Sonata blockchain-based billing and settlement enabling carriers to bill for guaranteed network capacity on-demand, thus unlocking new revenue streams based on existing network infrastructure.

Service providers CBCcom, PCCW Global, Sparkle and Tata Communications represent a multi-carrier interconnected network environment.

“Being involved in this latest proof-of-concept not only leverages our partner and technology ecosystem, it is also a step forward in demonstrating the potential value that blockchain can deliver by improving the ways in which we interoperate in the context of next generation services and ultimately the end-user experience,” Matthew Ma, Vice President, Global Technology, Network and Operations Group, Tata Communications said.

## Links in this article

- [Clear Blockchain Technologies](https://clearx.io/)
- [online post](https://clearx.io/clear-to-deliver-blockchain-based-bandwidth-on-demand-proof-of-concept-with-industry-leaders/)
- [official release](https://www.businesswire.com/news/home/20180821005215/en/Industry-Leaders-Unite-Deliver-Proof-Concept-Speedy)