Telecom Giants Telefonica, Telstra, Colt and BT Trial Blockchain with Startup Clear
Major global telcos including Telefonica, Telstra, Colt and BT trial blockchain with startup company Clear to complete a live international PoC, that aims to dramatically reduce both time and costs for the telecom industry. In March, Colt and PCCW Global carried out the first PoC trial that successfully reduced inter-carrier settlement time from hundreds of man-hours per month to less than a minute. “Intercarrier settlement is an area where fraud costs $17 billion annually for operators”
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