Blockchain for Telecom
Discover how web3 is emerging in the Telecom industry.
Companies we’ve helped with their web3 strategy
What challenges face the Telecom industry?
The Telecom industry faces a few key challenges including: Transparency, Latency and Coordination.
Transparency is a cornerstone of trust and accurate information dissemination, critical for effective decision-making and accountability across various sectors.
Slow response time due to data transmission delays causes inconvenience and disrupts the seamless operation of systems and applications.
Lack of coordination can lead to inefficiencies, confusion, and miscommunication in work processes and project management.
The more I learned about Ethereum and blockchains, the more certain I became that this technology would come to have a profound impact on the world of business.
Paul Brody
Global Blockchain Leader , EY
What are use cases for blockchain in the Telecom industry?
Blockchain can be used to solve problems in the Telecom industry including CBDC, Payment Streaming and Cross Border Payments.
Blockchain can be used for Central Bank Digital Currency (CBDC), offering a secure and transparent platform for issuing, tracking, and managing digital currencies backed by central banks.
By enabling real-time and continuous microtransactions, blockchain technology can revolutionize payment streaming. It eliminates the need for traditional payment systems, enhancing efficiency and transparency.
Blockchain technology can be used for cross-border payments, offering a transparent, efficient, and secure method for transferring funds across different currencies and countries, eliminating the need for intermediaries.
How can Alchemy help Telecom companies with their blockchain strategy?
Alchemy's team of blockchain experts and enterprise-grade web3 development platform can help Healthcare companies plan, build, and scale new blockchain initiatives.
Alchemy Subgraphs is a blockchain indexing platform with drop-in support for hosted subgraphs.
Stream on-chain data and get notified immediately about blockchain data changes.
A comprehensive set of dashboards and alerts for app health, performance, and user behavior.
"Working with Alchemy has helped us save the equivalent of 3 full-time engineers, who otherwise would have to be heads down on infra maintenance, at all times."
Evgeny Yurtaev
CEO & Co-founder, Zerion
