UK government decided to give a national telecom regulator money to conduct a research of phone numbers organization and management.
According to Friday announcement, the national telecom regulatory authority Ofcom would get about £700,000 to develop a project where UK phone number management would be enhanced using blockchain tech.
On Monday, Ofcom offered a more detailed information on the topic saying that today the number of phone numbers used or reserved by UK citizens exceeds 1 billion. The regulator issues the following numbers by blocks to telecommunications operators and they deal with the further numbers management and movement.
At the same time, currently, old phones lines are being changed for the infrastructure based on the Internet, so it may result in troubles with services. Blockchain technology can help to improve customer experience of using phones by lowering costs, improving porting efficiency, preventing fraud or “nuisance” call management.
A chief tech officer of Ofcom, Mansoor Hanif, provided explanations that their goal is to define the way how blockchain can speed up and simplify the process of switching between providers but keeping the same phone number. Moreover, the research will also touch other spheres where technology can bring about benefit to customers.
According to the release, all the initial efforts of the entity were put to the development of the new database to get the following enhancement, but, unfortunately the goal was not achieved.
In fact, a creation of such a database costs much money and does not remove obstacles in collaboration, while blockchain tech is a cheaper and focused on future solution.
The release also emphasized that the project will undergo multiple tests before it will enter the industry and other regulators will also get information about the applicability of such technology for taking advantage of it.