Industry Solutions and Trends
Technology is more than just networking and Juniper experts share their views on all the trends affecting IT
Industry Solutions and Trends
Blockchain for Network Operators
09.05.17

Welcome to part 3 of our multi-part blog series on Blockchain - see part 2 here.

 

When any new technology emerges, particularly a technology such as Blockchain that many are predicting will ultimately lead to a fundamentally new kind of internet, our customers ask us some form of, “why should we care?” To supplement these conversations with our network service provider customers specifically, Juniper recently commissioned Disruptive Analysis to write a vision paper which delves into the question of what Blockchain means to network operators and what are the relevant use cases.

 

The truth is, Blockchain is still in a very embryonic state of exploration and experimentation, particularly when it comes to the network service provider space. Most Blockchain activity today is occurring in other segments such as financial services, government, health care, and supply chain. But one place to begin the investigation into what could be that Blockchain killer app for telco is to consider these areas where trust is needed in the telco (and cable) business:

 

Trust in Telco.png

 

The vast, complex web of transactions involved in delivering network service results in hundreds of “trust points” today and this number is only increasing as every network operator worldwide is seeking new revenue opportunities and many are slowly morphing into platform businesses. For some of the areas listed above, existing technologies and processes are efficient and well-proven so why fix what isn’t broken? But others are changing in various ways, as software and virtualization increasingly creep into the network, new business models emerge, and regulation evolves. This change creates opportunities for new technologies and new ways to solve problems.

 

Another way to think through the possibilities for network operators is to look at the intersection of blockchain capabilities with different network domains. Here’s a graphic of such a framework:

 

BC use cases w Telco intersection.png

 

Much of the telco activity in blockchain today is related to data integrity, identity management, and IoT (BTW, stay tuned for our forthcoming Blockchain and IoT blog mini-series), but we look forward to working with our customers over the next several years to develop business cases for a variety of blockchain insertion points and to test different network deployment scenarios. Read the new vision paper for a deeper discussion.

 

0 Kudos
09.12.17
marymac

Can you please check the final link in last paragraph?  The link does not work on my device.  

Thanks,

marymac

09.12.17
Juniper Employee

Thanks for pointing that out. It should be fixed now - that 3rd link in the blog should take you directly to the pdf.