BCE based roaming settlement on blockchain |
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Transferred Account Procedures (TAP) - the legacy inter-CSP settlement model for roaming accounts - is too complex for the age of 5G and IoT, requiring excessive human intervention and spend to maintain. Far greater automation is needed to support new charging models such as smart contracts, and sophisticated data exchange requirements.
This Catalyst is exploring how blockchain can support not only zero-touch reconciliations, eliminating third-party clearing house involvement, but also greater accuracy and speed; lower costs; more flexibility in the frequency of settlements; and enhanced transparency and trust between CSPs.