China Telecom Presents White Paper for Blockchain Smartphone

Asia Blockchain Review
September 9, 2019
China Telecom Presents White Paper for Blockchain Smartphone

China Telecom recently released a white paper on using 5G and blockchain technology for the next generation of smartphones at the China International Intelligent Industry Expo, where it presented the benefits of adopting these new technologies to enhance security for users.

Smartphone Users Ready for Blockchain Technology

According to Cointelegraph, China Telecom revealed that some of the advantages of implementing blockchain technology to smartphones include enhanced transparency for transactions and more automation. Blockchain will also empower users to manage their digital assets, while the company expressed confidence that “regardless of data volume, data varieties and data dimensions, data assets will grow”.

China Telecom added that although more smartphone manufacturers are adopting blockchain for the mobile industry, the rate of mass adoption remains slow as smartphones that offer full blockchain features are not being mass produced.

Addressing Mobile Issues with Decentralized Technology

In its white paper, China Telecom said blockchain technology will allow mobile carriers to address issues that are still all too common on mobile networks, such as loss of data, identity theft, and fraud. The white paper also included a description of the company’s project to develop a digital asset management platform powered by blockchain.

The firm cited an example of an area where blockchain can play a huge role in preventing theft and losses, as companies will be able to gather the IMEI numbers of smartphones, upload them to the blockchain, and instantly be able to identify devices that have been stolen in order to provide enhanced security to its users.


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

    Related Article
    Defending Truth with Blockchain – Eliminating Fake News
    The business of journalism is under attack and Blockchain can help regain trust between the publishe...

    August 10, 2020

    Mainstreaming Of Cryptocurrency Investments? An Exploration
    While the security and the regulation is well chronicled. The big question that needs to be answered...

    August 10, 2020

    The 5G Pandora Box: An Ultimate Kingmaker
    Unlike WWII which had sheer military might as its focal point, digital technologies such as 5G would...

    August 9, 2020

    Cyber Attacks In India Surge In Post Border Face Off
    The clashes between Indian and Chinese troops at Galwan valley that took the lives of soldiers from ...

    August 8, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us