The national telecoms regulator of UK, The Office of Communications, better known as Ofcom has recently received a grant of £700,000 (€801,509) to experiment blockchain technology in the country’s landline telephone management.
Last Friday, the Regulators’ Pioneer Fund announced, that the grant was directed to Ofcom “for a project that uses blockchain technology to improve U.K. telephone number management.”
On Monday, Ofcom representatives published a press release, stating that in the UK there is currently approximately 1 billion phone numbers available, “either already in use or reserved for allocation.”
The CEO of Ofcom, Mansoor Hanif commented on the new project stating:
“We will be working with industry to explore how blockchain could make it quicker and easier for landline customers to switch providers while keeping their number – as well as reducing nuisance calls. And we’ll expand our research into other areas where innovative technologies such as blockchain could be applied to benefit consumers.”
According to the company’s announcement, between now and April 2020, the people of the industry will be welcomed ““to trial the porting and management of millions of telephone numbers using blockchain and ledger technology”, including participants from the industry, universities, and from third-party.
Telephone numbers will be treated as a digital assets based on the blockchain, and the main aim is to improve the management of telephone number landline. Blockchain technology will be adopted to the consumer porting, in order to “manage the lifecycle of a telephone number transforming data to support voice call routing and ownership.”
Author: Sarah Tuuli