Placing one of the most effective solutions to beat spam calls is India’s digital transformation provider Tech Mahindra Ltd. The company has announced that it has been successful in the deployment of a cutting-edge solution leveraging Blockchain Technology for the telecom sector in India impacting 300Mn+ mobile subscribers. The solution is designed to mitigate unsolicited commercial communication (UCC) or spam calls.
In 2018, Tech Mahindra designed the Blockchain solution, constituting more than 25% of the Indian market share, in compliance with the regulations and guidelines of Telecom Regulatory Authority of India (TRAI ) in order to enable Telecom providers to prevent unauthorized access of their subscribers’ data.
Tech Mahindra has also revealed that the company has also been successful in demonstrating Blockchain capabilities in diverse sectors apart from Telecom. Manufacturing, Hi-Tech Industries, and Financial Services are the verticals that Tech Mahindra has proven its prowess.
Commenting on accomplishing this fete, Rajesh Dhuddu, Global Practice Leader, Blockchain, Tech Mahindra, said, “Blockchain is a focus for corporates and government alike, and is expected to be a trillion-dollar market by 2030. With the concerted and coordinated efforts by the Indian government and the industry backed by appropriate regulation, India can continue to sustain and enhance its leadership position in Blockchain technology. At Tech Mahindra, we are betting big on Blockchain as part of our TechMNxt charter, to deliver tangible business value and empower our customers to provide a completely differentiated experience to their end customers.”
It was known that as a part of the TechMNxt charter, Tech Mahindra is progressively investing in next-generation technologies to cater to the customer’s evolving and dynamic needs.
The company is working on a holistic framework called Block Ecosystem that comprises of various levers: Block Studio, Block Engage, Block Talks, Block Geeks, Block Accelerate, Block Access & Block Value, which create applications that unlock significant value for its stakeholders.