Blockchain-based infrastructure-sharing could cut telcos’ 5G bills by billions

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Blockchain-based infrastructure-sharing could cut telcos’ 5G bills by billi

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While communications service providers (CSPs) are looking to 5G to revitalize revenues, they face staggeringly high capital investment costs first, could blockchain help to cut these costs?
These, alongside limited space, are among the key reasons why infrastructure-sharing is a growing trend among CSPs. This means multiple operators delivering 5G services via the same 5G base station, with resources allocated based on user and service requirements.
Now, these two telcos are working together through a TM Forum proof-of-concept Catalyst project to lead the way on ironing out some of the finer points of infrastructure-sharing.
They are also going beyond the basics to explore how such infrastructure-sharing initiatives can attract third-party investment to scale 5G faster.
The http://www.tmforum.org/blockchain-based-data-sharing/” rel=”noopener noreferrer” target=”_blank”>Blockchain-based 5G Collaborative Economy Catalyst team estimates that the work could save China Unicom and China Telecom a combined 320 billion RMB ($45.5 billion) in 5G infrastructure investment costs.
With China Telecom and China Unicom as the Catalyst Champions who set the challenge, the participants collaborating around the solution are IBM, Whale Cloud and the China Academy of Information and Communications Technology (CAICT).
The project follows on from a previous phase of the Catalyst in which the team looked at how to use blockchain to help CSPs succeed with data monetization.
Bella Chan, Whale Cloud, explained how the work goes beyond traditional partnerships: “The CSP would plan resource to be built and then publish this requirement on the blockchain so that third-party vendors and MVNOs can meet this tender.
IBM provides solution design, Blockchain-as-a-Service (BaaS) and smart contracts; Whale Cloud contributes solution design, UX/UI design and application development; and CAICT acts as a business consultant.
They deployed their application on TM Forum’s Open Digital Lab, a shared environment to develop and test collaborative solutions

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