Tech Mahindra and Subex join hands to offer blockchain solutions for telecom operators

 Tech Mahindra and Subex join hands to offer blockchain solutions for telecom operators

India's leading IT provider, Tech Mahindra has partnered with Digital Trust providing service firm, Subex.


These solutions will enable fraud mitigation and drive operational efficiencies. 

Tech Mahindra and Subex have decided to reduce compliance complexities and ensure faster time-to-market. The partnership will help real-time reconciliation reports with summarised data.

 The companies plan to expedite settlement for communication service providers (CSPs) and drive enhanced visibility in the end-of-the-month cycle. 

Rajesh Dhuddu, blockchain and cybersecurity practice leader at Tech Mahindra said, "Being a service provider of choice for global telecom operators, Tech Mahindra will help reduce overheads and enhance business profitability. …Tech Mahindra aims to offer a cutting-edge solution built on Blockchain and smart contracts that optimizes spends and proactively mitigates disputes.

 In the collaboration with Subex, adding blockchain as the middleware will add the necessary layer of security and ensure faster and efficient operational process." 

The IT firms will roll out solutions for telecom operators backed by its capabilities in operations support systems (OSS) and business support systems (BSS) domains. 

Tech Mahindra also wants to extend its existing inter-carrier settlement. 

Rohit Maheshwari, Head of Strategy & Product at Subex said, "With Subex's strategy of enabling businesses to build trust within the digital ecosystem, we believe that Blockchain-based technologies will play an important piece to that puzzle.

 Towards this, we have made significant strides towards leveraging Blockchain in solving challenges across multiple use cases."

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