1. The Blockchain-Enabled Future of Telecommunications
Intro to Blockchain
And
The Blockchain-Enabled Future of Telecommunications
John Carpenter
Global Blockchain Summit
Government Blockchain Association

2. Agenda Introduction Background What is blockchain? How does it work?
Relevant Use Cases

3. John E Carpenter
Co-Founder Denver Blockchain Week and the Global Blockchain Summit, October 3rd & 4th In Westminster, CO.
Founder, ClueChain, Blockchain Consultants
President, Denver Chapter of The Government Blockchain Association (GBA)
Speaker, Consultant, and Certified Blockchain Trainer For GBA Blockchain Certification Courses
Organizer Of The Hyperledger Meetup For Colorado
Member Of The Accord Project (Smart Contract) Technical Working Group
Board Member for UBTS International (International Telecom Company)
• Serial Entrepreneur and Licensed Attorney in Colorado

4. Blockchain Technology In 2019
Some people are like this……
Others are like this…..

5. Government Blockchain Association Working Groups
Contract Management
Financial Oversight
Cryptocurrency Economic Analysis
Cybersecurity
Education
Land Titling
Government Ontology
Legal & Legislative
Telecom
Working Groups
Healthcare
Software Product & License Management
Smart City
Supply Chain
Voting

6. Blockchain Basics

7. Some Blockchain Terms
Genesis Block: The first block of data in a blockchain.
Block: A chunk of data to be added to a blockchain once a consensus is reached.
Consensus: When all of the nodes reach a consensus, the next block is written. At least 51%, but could be higher.
Node: A computer or ASIC (Application Specific Integrated Circuit).
Mining: Being rewarded for solving a cryptographic puzzle on a Proof of Work consensus blockchain.
Public Key: Hexadecimal Key Given Out For Transactions
Private Key: Hexadecimal Key To Be Kept Private and Secure

8. 2008 – Bitcoin Whitepaper
Eight Pages That Changed the World,
October 31, 2018 Was The 10 Year Anniversary Of This White Paper

9. What Impact Will Blockchain Have?
As the Internet Disintermediated Information Brokers
News & Media
Travel Services
US Post Office
Blockchain Will Disintermediate Value Brokers
Banks & financial Institutions (digital currencies)
Third party payment processors
Insurance companies (parametic insurance, blockchain title insurance)
Legal Service Providers
Third party certification services (notaries and witnesses)
Government registries (real estate, vehicles, business, voting, vital records, probate)

10. How Blockchain Works

11. How Blockchain Works
A deeper dive into how the Blockchain actually works.
Play Video 11

12. Blockchain Platforms Ethereum Hyperledger R3 Corda
Public Blockchain-Includes Smart Contracting Features
Companies used Ethereum Request For Comments (ERC-20) tokens for many Initial Coin Offerings (ICOs) in 2017.
Coding Language is Solidity
Supported by Consensys (Over 1,000 Employees Worldwide)
Hyperledger
Permissioned Blockchain
Part of the Linux Foundation Open Source Community
Can be configured for Smart Contracts and Supply Chain
Supported by major Enterprise IT companies (IBM, Oracle, VMware, Intel)
R3 Corda
Focused on Financial Transactions
Other Popular Platforms
Ripple, Quorum, Hashgraph, Digital Asset (DAML)

14. Other Types of Blockchain-like Solutions.
Standard Blockchain
Sharding is another form of trying to speed up a blockchain on Ethereum.
IOTA-Tangle
Hashgraph

15. Blockchain Legislation
Colorado Legislation
SB OIT, Department of State, and Department of Regulatory Agencies assess the costs and benefits of using blockchain technology.
HB-1426-Which Virtual Tokens Are Recognized as Securities
Other States, like Wyoming, are aggressively creating legislation around promoting the adoption of Blockchain technologies as an economic driver for the state. Banking Blockchain Companies, Real Estate Records, Open Blockchain Token Legislation

16. Blockchain For Inter-Carrier Settlement

17. The Current Settlement Issue
Telecom operators open their networks to enable their customers to communicate across network boundaries (interconnect).
Operators cross-charge each other for the interconnect services (invoicing)
Interconnect operators share Call Detail Records (CDRs) for the purpose of verifying cross charges and settling balances.
The verification process is:
Cumbersome
Inefficient
Lengthy
Costly
Error Prone
Missing CDRs and discrepancies are common problems.

18. CDR Settlement Timing Issues
● Billing Cycle – Monthly
● Billing Generation & Distribution – 5th of every month
● Bill Reconciliation – 2-3 days
● Dispute Identification & Confirmation – Days
● CDR reconciliation process – 90 – 180 Days
● Dispute Analysis and resolution by Partner – Months to Years

19. Blockchain Solution Benefits
● Better visibility between partners belonging to the same channel.
● Build transparency and trust across deals and financial transactions.
● Ensure financial and legal compliance in transactions.
● Increase direct control by reducing intermediary dependency.
● Eliminate insecurity in transaction manipulation.
● Immutable settlement within seconds.

20. Blockchain Business Architecture Settlement Framework for for Operations Support Systems (OSS)/Business Support Systems (BSS).

21. Technical Architecture Framework for Implementing Blockchain for Carrier Settlement Using Hyperledger

22. Conclusion

23. Blockchain Offers A Better Way Of Doing Intercarrier Settlement
Inefficiencies of the intercarrier settlement process within the telecommunications industry are well documented.
Over the years, network operators have lost billions of dollars due to disputes over billing data discrepancies and mismatches and also due to delayed revenue recognition.
A blockchain solution simplifies the settlement process by creating a trusted, single source of truth for the call detail records generated by the participating carriers, and eliminates the root cause of data mismatches and discrepancies.

24. Questions? John Carpenter-john@cluechain.com
ClueChain Blockchain Consultants
Global Blockchain Summit
Denver Blockchain Week

26. September-October, DenverBlockchainWeek.com

27. October 3 & 4 2019, Westminster, CO