Istanbul-based telecommunication services provider Turkcell has introduced a blockchain-based service for ID management, news outlet Daily Sabah reported on February. 26.
Turkcell reportedly declared its new blockchain product at the technology fair Mobile World Congress (MWC) 2019 on February. 25. The ID Management solution is intended to produce users with management over their personal data and guarantee privacy in accordance with the final data Protection Regulation (GDPR) necessities.
While existing ID management systems take into account sharing of users’ information with third parties, Turkcell’s blockchain product supposedly stores needed user information on a blockchain and eliminates further identity verification. Turkcell conjointly presented a blockchain-based donation use case that has the ID management answer to verify the donation eligibility for those in need.
Turkcell client experience and data Technologies govt V.P Serkan Öztürk reportedly said that “using blockchain technology is important to enhance the customer experience of our digital services and solutions, that remains a high priority within the design of our services.” Öztürk conjointly stressed that the efforts “will facilitate USA [Turkcell] improve our digital services and lift the bar in client experience."
Founded in 1994, Turkcell is a digital operator headquartered in Turkey and operative in 9 countries. In 2018, the group’s net income reportedly amounted to 2 billion lira ($377 million), whereas the group’s revenues were up 21 % year-on-year.
Blockchain has been widely adopted within the telecoms sector globally. Earlier today, Top Market Group reported that Spain’s biggest international telecommunications company, Telefonica, partnered with Microsoft to expand its digital innovation using blockchain and AI. The collaboration can reportedly embody customer-focused technological enhancements, building upon previous work carried out by the 2 corporations.
This month, SK Telecom (SKT), South Korea's largest wireless carrier, teamed up with Germany’s Deutsche Telekom, the world’s fifth largest telecoms firm, to develop a commercialized, blockchain-powered mobile identity solution that may be used for applications like access management, dealings and contracts.
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