30
Tue, Nov
0 New Articles

Telefónica Tech, Atrebo to register 200,000 telecom infrastructures on blockchain

News

They include towers and other sites that will be managed by Atrebo's TREE platform

Telefónica Tech and Atrebo are to use the latter's TrustOS blockchain platform, to register the 200,000 telecoms infrastructures managed by Atrebo's TREE platform, including towers and other sites.

This will give infrastructure managers information about their status in almost real time and "with full guarantee", providing traceability and transparency to the tower operations, both at an operational and logistical level.

From an operational point of view, the platform will record incidents, service levels, data on the traffic managed by the infrastructures and all the information relevant to its activity while it remains in service.

From a logistical point of view, all related processes will be made transparent, recording all maintenance operations, assets incorporated or withdrawn (for example, the replacement of radio equipment), equipment, events related to concessions and / or ownership or rental of sites, energy management, etc.

Once a tower has been digitised and created as an asset in TrustOS, the use of blockchain allows to certify and easily audit not only its current status, but also the history of the actions carried out on it.

 Telefónica Tech claims that [translated from the Spanish], "Hand-in-hand with the Tower Automation Alliance, the blockchain digitisation and traceability model used by Telefónica Tech and Atrebo will become the market standard for auditing this type of information and will extraordinarily facilitate future valuation exercises of this type of infrastructure in operations.

"The availability of this individualized traceability information will even make it possible to discriminate between the different towers and estimate higher or lower returns depending on their locations, the equipment incorporated, their state of conservation or the accumulated number of incidents and repairs.

"The application of blockchain will also allow the introduction of innovation in this industry and the development of new business models on infrastructures, such as tokenization via NFTs of towers, the commercialization of rights on a tower based on the issuance of those NFTs or the implementation of crowdfunding models based on their future profitability to finance their operation or future deployments"

"This exciting new agreement will allow Atrebo to continue on the path together with Telefónica towards the complete digital transformation of asset management and telecommunications infrastructures," commented Jesús del Estad, CEO of Atrebo.

José Luis Núñez, head of the blockchain business at Telefónica Tech, states: “With this operation, we extend the successful blockchain-based asset management model to the infrastructures that we have been developing since 2018 we implemented it to manage our supply chain in Brazil. It is another milestone in the adoption of blockchain with which we demonstrate how it can be applied in real projects and build new business models based on reliable ecosystems ”.