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Showing posts from July, 2020

DLT Technology in Recharge Business

As you know Telecom Regulatory Authority of India (TRAI) has released the Telecom Commercial Communication Customer Preference Regulation (TCCCPR) 2018 to regulate Unsolicited Commercial Communication (UCC) aiming to make the unorganized SMS industry 100% transparent.  In order to do so TRAI has initiated to implement DLT (Distributed Ledger Technology). If you are a recharge business owner and struggling to find your way on what to do next then this article is for you. 
 DLT is a blockchain-based technology. The main benefit of DLT is that the government can supervise every entity of the entire system. These entities are Mobile user, Principal entity, SMS marketer, and regulator. Someone who falls into the categories mentioned above must have to register to continue. Companies like QuickRecharge have to register under the Telemarketer category. 
What is the purpose of DLT?
Commercial Communications Ecosystem
In the new DLT system the roles and responsibilities of the five entities present…