Telef³nica will implement its blockchain technology in the communication towers of Spain

Telefonica Tech will implement its blockchain technology with its TrustOS platform to register the 200,000 telecommunications infrastructures managed by Atrebo’s TREE network, as Panorama Audiovisual announced on October 18, 2021 on its web portal.

The idea is based on participating in the establishment of a platform that registers, among other things, incidents, service levels, data traffic via the platform from a logistics point, the transparency of the processes in relation to assets brought in or withdrawals.

The platform aims to access and use blockchain for any business, regardless of its size or technological capacity; So you can quickly and easily access the advantages of the technology.

Telef³nica will implement its blockchain technology in the communication towers of Spain
Telef³nica will implement its blockchain technology in the communication towers of Spain

The application of this technology will make it possible to influence the improvement for the development of new business prototypes within the infrastructure in the blockchain technology: such as the tokenization of towers via NFTs, Commercializing the rights to a tower or implementing crowdfunding models based on its future earnings.

Blockchain is one of the technologies that is part of the digital transformation that is helping companies digitally reinvent themselves in a safe way, the authorship of the information that travels and is stored on the networks, as it has the tools to make their current State easier to certify and check than in the history of the measures carried out in the company.

TrustOS with the tools in API form simplifies the processes that can be directly connected to the required services and implemented quickly and easily in the system that enables access to the most important services of blockchain technology.

Regarding the agreement reached, Jesús del Estad, CEO of Atrebo, indicated that the agreement â ????will enable Atrebo, together with Telef³nica, to continue on the path of complete digital transformation of the management of assets and telecommunications infrastructuresâ ????.

Tree Atrebo is a company specializing in software and digitization, dedicated to the critical infrastructure and bringing it to the highest level, an open association and a leader in the search for innovations in telecommunications infrastructures that achieve full digitization. Since 2018 they have been developing an asset management model based on blockchain technology.

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