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China Mobile To Develop Blockchain Platform For Faster Top-Ups

By

Nathan

Graham

WriterETHNews.com

The telecommunications company is looking to blockchain technology to appease increased customer requests for more data.

One of China's largest telecommunications companies, China Mobile Corporation, is looking into how blockchain technology can help solve mobile data issues.

A patent filed with China's State Intellectual Property Office in November 2016 and released to the public on Tuesday outlines a plan to use blockchain technology to decrease the workload put on data centers while also satisfying the growing number of customers who want to purchase more data.

According to the patent, once a customer submits a request for a data top-up (supplemental data to add to your existing plan), that request is processed along with the customer's account information. The customer information is then stored on a blockchain platform, which contains nodes dedicated to verifying these requests.

When a customer makes additional requests or transactions, their personal data is already stored on the decentralized blockchain, allowing for faster and more secure verification. The automated platform can then take funds from the customer's bank account and fulfill the request.

Blockchain technology has been getting a lot of attention in China lately. In March of this year, ETHNews reported that the China Banknote Blockchain Technology Research Institute announced its blockchain-as-a-service platform for identity verification and records sharing, among other uses. In May, it was reported that the Chinese government was making progress to solidify national blockchain standards, and just last Monday, the business and finance channel of China Central Television aired a program teaching its viewers about the benefits of blockchain technology.

Nathan Graham

Nathan Graham is a full-time staff writer for ETHNews. He lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

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