India’s state-owned telecom Bharat Sanchar Nigam Limited has registered 7,477 companies on its blockchain-based communications platform. This is after new regulations were imposed by authorities to protect consumers against spam and fraud.
Telecom Regulatory Authority of India, (TRAI), established messaging regulations that require the removal of consumer communication messages in order to verify that the recipient has opted into such interactions. BSNL DLT is a content verification platform based on ledger-based Blockchain protocols.
The SMS regulation applies to all industries verticals. Therefore, the 7,477 registrations list includes private businesses, educational institutions, and banks. According to a source, TRAI warned against blocking communications with non-compliant entities.
“The Telecom Regulatory Authority of India (TRAC) will not accept any reason and give no consideration to those who have not streamlined SMS processes. Their businesses should suffer 100%.”
Businesses that use BSNL DLT will have to be subjected to SMS screening against preregistered messaging templates stored on the blockchain. The company’s telecom provider will honor consumer interest and block any mismatches.
Related:Indian University joins Hedera’s decentralized governance council
India’s dedication to blockchain adoption has grown after a state-run University, the Indian Institute of Technology Madras(IITM), joined 38 international organizations to manage the Hedera public ledger in the Hedera Governing Council.
Professor Prabhu Rajagopal, IITM’s Center for Nondestructive Evaluation said that the institution will be testing use cases for public blockchains for healthcare, payments, and industry.
Cointelegraph reported on July 27 that LegitDoc was used by a large Indian institution to verify diploma certificates. It is a tamperproof credentialing system based on Ethereum. Other Indian universities are currently exploring similar strategies and are implementing them.