blockchain for telecommunications
Current Token Price: $0.92
Blockchain For Telecommunications
We present OpenCryptoTrust (OpenCT), a platform for creating new and innovative blockchain-based solutions for the telecommunications industry. The inaugural applications of OpenCT are Blockchain as a Transport (BaaT) and Blockchain-Defined Wide Area Networks (BD-WAN).
Join us in our vision to be the most innovative and transparent telecommunications provider in the blockchain ecosystem.
FUTURE OF TELECOMMUNICATIONS
SECURELY CONNECT ANYWHERE AT WILL
REAL TIME PROVISIONING
HAVE ALL CLOUD AND CONTENT
DELIVERED TO YOUR DOORSTEP
ELIMINATE CIRCUIT CHARGES
NEVER BE LOCKED IN LONG TERM CONTRACTS
ONLY PAY FOR THE BANDWIDTH YOU ACTUALLY USE
OpenCryptoTrust (OpenCT) is a robust, high performance, hybrid blockchain platform that enables innovative solutions in telecommunications. OpenCT will challenge the characterization and standardization of the communication functions within telecommunications and will remove significant cost impacting inefficiencies in the traditional telco model that exist today.
The OpenCryptoTrust (OpenCT) platform is based on a hybrid blockchain. That is, it is both global and public, allowing a diverse range of adoption, users, and clients.
Our OpenCT platform has been highly inspired by Graphene – a blockchain network created by the same development team that created the Bitshares and Steemit platforms. It combines many of the features that were critical for us. OpenCT platform supports:
• Proof of Duration (PoD) - OpenCT created it’s own proof algorithm which when used in combination with PoS (Proof of Stake) or DPOS (Delegated Proof of Stake) provides for a more democratic approach to mining and consensus.
• A block production rate that is exceptionally fast – 100,000 TPS (Transactions Per Second).
Bitcoin - 3-7 Transactions per second (TPS)
Ethereum - 15 TPS
Visa Credit Card Network - 60,000 TPS
The origins of the OpenCT platform (BaaT and BD-WAN "killer apps") began four years ago (2013) as a POC (Proof of Concept) that was developed for one of the largest global investment firms on Wall Street. At the time the goal was to create an optical SDN (Software Defined Network) solution that would support the ability to build up and tear down circuits with provisioning times that were minutes instead of months. Our Optical Architects and Software Development team built this complex, multi-vendor, private solution.
To be the most innovative and transparent telecommunications provider in the blockchain ecosystem.
To build a scalable, high performance platform that provides the stability and trust from which transformative blockchain based applications can be designed that disruptively solve industry specific problems and thus accelerate Business to Business (B2B) adoption of blockchain.
In late 2016 the "Blockchain Initiative" project was born with the belief that by understanding the specific needs of an industry we could pre-build the necessary framework to ensure the greatest efficiencies and thus ease the barrier to adoption. Our deep understanding of the technical and financial challenges within the telecommunications (telco) industry made this the logical vertical to develop the first of many disruptive "killer apps" that drive adoption to a trusted framework - The Open CryptoTrust blockchain.
killer application: noun
a feature, function, or application of a new technology or product which is presented as virtually indispensable or much superior to rival products.
Blockchain-Defined Wide Area Networks (BD-WAN): BD-WAN integrates blockchain with Software-Defined WAN (SD-WAN) for a secure, scalable virtualization of WAN transport technologies. Among the unique features (not available with most SD-WAN architectures):
The ability to dynamically establish and tear down logical and physical circuits so customers pay only for what they consume.
Inter-Domain MPLS Traffic Engineering via blockchain (near zero time delay).
Trusted per-usage billings that are verified and hard-coded over the blockchain.
Full visibility and control over all transport facilities either via Fiber to the Premises (FTTP) or via partnership with key telco operators and metro Ethernet providers worldwide.
Bringing public cloud and content services seamlessly to the customers' doorstep as part of the standard offering.
For more details about the design and implementation of this application – please review section 8 of our White Paper
Blockchain as a Transport (BaaT): BaaT leverages blockchain to create an architecture that can connect geographically dispersed Layer 2 islands over any available infrastructure, including the public Internet. As the resulting solution securely supports all kinds of traffic: Unicast, Multicast and Broadcast - BaaT will become the transport service of choice for all businesses.
Value Proposition of BaaT:
Because of seamless operation across the public Internet, BaaT is an appealing WAN transport option compared to traditional WAN technologies like VPN, MPLS, or expensive dedicated links.
BaaT is an advanced L2VPN solution for both enterprises and telco/service providers, with which the organization can leverage the public Internet for their WAN traffic so that they don’t need to share traffic with their upstream providers as in the case of MPLS VPN service or even modern SD-WAN.
Unlike other tunneling techniques, BaaT is built to operate in a multipoint fashion. Its signaling is done separately via the blockchain and it has no scalability issues.
BaaT can operate over any IP transport network including the global public Internet because no multicast underlay network is required.
No unknown unicast entry is to be found on any VTEPs; it’s either a unicast MAC address match, advertised over the blockchain, or a default entry toward the VXLAN gateway.
Multicast and broadcast traffic is handled via the head-end replication on the source VTEP to all other known VTEPs in the same VXLAN. The list of VTEPs is known - and always updated - over the blockchain.
For more details about the design and implementation of this application – please review section 7 of our White Paper
CHIEF EXECUTIVE OFFICER
Mayande has built numerous successful IT companies, is one of the international leaders in Optical Networks infrastructure and has built over 14 private networks for the largest financial institutions in the world. With over 20 years of strong technical business and management experience under his belt, he is in constant demand for his innovating thinking in the deployment of large scale, state-of-the-art complex technology solutions throughout the London, Hong Kong, Tokyo, and North American markets.
CHIEF TECHNOLOGY OFFICER
Known as the “Godfather of IP routing protocols” Jeff has designed large-scale IP service provider networks for over 22 countries within 6 continents. He worked with early IPv6 adopters in Japan, China, and South Korea, and now advises service content providers around the world, as well as government agencies, military contractors, equipment manufacturers and large enterprise. Jeff is the author of several nationally acclaimed tutorials in technical transmissions but best known for his work in CCIE Professional Development: Routing TCP/IP, Volumes I and II. He is a writer for Forbes magazine and blogs on several technology websites including Network World and Network Computing.
CHIEF STRATEGY OFFICER
Paul is a highly professional and trusted telecom industry veteran with over 30 years of experience in building companies, orchestrating acquisition, transitioning, and designing multiple million dollar telecommunication infrastructures throughout the domestic and international markets. He has been actively working with leaders in Telco, Wireless, Fiber, HFT's, and Communication Tower entities by creating solutions, generating new opportunities, increasing access and providing millions of dollars of new revenue for landowners, building proprietors and developers.
International Executive with substantial expatriate experience in Asia, North Africa and USA: profit center management, team building and organizational setup. Specialties include addressing competitive intelligence issues before any entry strategy definition; understanding of legal constraints, CSR criteria and financial objectives. Technical specialties include information technologies & solutions: SDN -software defined networks, FSO-free space optics , Wimax & Wifi - Cloud and Big Data solutions (US- based) - Archiving (digital, hybrid and microforms). - water treatment (mobile stations) powered with solar energy.
Develops and manages Fortune 100 accounts. Specializes in gathering technology needs, collaborating with Engineering, and delivering complex IT solutions including implementation and long-term support. Based in New York the secret to her success is thru building relationships based on trust and proven focus on both technical and business details.
DIRECTOR DEV/TOOLS TEAM
Blockchain and DevOps developer. Technical Project Manager for large-scale projects, systems integration, data center migrations and hardware/software upgrades. Over 21 years technology experience specializing in electronic trading infrastructure for financial institutions such as Deutsche Bank, Morgan Stanley, Bank of America, and the Macquarie Group.
Stuart G. Hall
CHIEF MARKETING OFFICER
A data-driven marketing professional with experience ranging from SMEs and startups, to global brands including eBay Inc and Sony EU. Provided PR and marketing support for AR startup Lampix during their public ICO, which raised $14.2m. In 2016-17 worked for innovative startups on successful crowdsale and ICO campaigns at Europe's largest fintech accelerator space, Level39,