28 Feb '16, 12pm

How Bitcoin Disrupts Telecommunications?

How Bitcoin Disrupts Telecommunications?

“Disruptive innovation in BlockChain Applications from the Telecommunications industry might one-day threatens Banking . Consumers can expect better billing and reporting services and perhaps even greater accuracy in news and information, financial or otherwise. Already the unbanked are benefiting from peer to peer payment systems that carry simple feature based mobile phones. Short message service offers a viable alternative to expensive e-banking solutions. Perhaps one day also voice and data will be written to the block chain. Just as much as the Internet changed media , are there are use cases to be explored by telco's. Distributed Telecom, anyone? One example of linking the Block Chain to Telecommunications is being explored by Global Media and Equity , an Australian company and owner of SMSBitCoin. Their exchange services are integrated with the Block Chain and with ...

Full article: http://cointelegraph.com/news/how-bitcoin-disrupts-teleco...

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