Haidrun targets telecoms with enterprise blockchain solution

55m | Melanie Mingas

A non-public blockchain platform with AI capabilities has been unveiled by Swedish start-up Haidrun.

The enterprise blockchain platform combines non-public Distributed Ledger Expertise (DLT) blockchains with Synthetic Intelligence (AI) engines to ship “speedy transaction velocity, safety and scalability, interoperability with present methods and vital value discount”, Haidrun mentioned.

Haidrun may assist simplify and cut back the price of OSS and BSS, together with associate, enterprise and buyer administration to sort out contracts, settlement, provide chain and SLAs, whereas assist for sensible contracts can be utilized to streamline roaming agreements and cut back fraud.

“Non-public blockchains are extra appropriate for enterprises for causes of scale, accountability and price and may be run as a Blockchain-as-a Service,” mentioned Haidrun CEO and founder, Jonas Lundqvist.

“Whereas the telecoms trade has at all times been on the forefront of embracing disruptive applied sciences, it’s but to harness the complete potential of blockchain know-how at scale. However not like public blockchains the place there isn’t a entity in cost and anybody can work together with the blockchain, non-public networks retain management, remove illicit actions, present a excessive diploma of regulation and keep away from variable prices and efficiency fluctuations related to public platforms,” Lundqvist added.  

Haidrun mentioned its non-public blockchain offers confidentiality and efficiency to assist the supply of high-value, trusted digital providers corresponding to managing digital rights and streaming providers, monitoring residence gear, Area Identify System (DNS) providers and managing machine id and safety for IoT, Edge and 5G providers.

The platform is a non-open supply, versatile and scalable non-public blockchain, constructed on a sophisticated structure that makes use of AI engines to assist speed up clever enterprise automation and ship safe and clear transactions.

Haidrun additionally eliminated a lot of the complexity of public blockchain, to assist easy interoperability with third-party methods utilizing normal APIs.

“Our elementary worth proposition for the telecoms trade is to unlock the true enterprise advantages of blockchain to supply the quick, safe, scalable and cost-effective options that digital commerce calls for,” Lundqvist continued.

“Blockchain know-how stands to spice up the worldwide economic system by $1.7 trillion within the subsequent decade in line with a report printed final 12 months by PwC and we imagine that enterprise blockchain deployments will ship a lot of those good points.”