Saturday, August 20, 2022
Decentralized
No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • ICO
  • Market & Analysis
  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple
  • Dogecoin
No Result
View All Result
Home Blockchain

Blockchain and India’s bulk SMS regulation

admin by admin
September 28, 2021
in Blockchain
0
Blockchain and India’s bulk SMS regulation
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


In a bid to cut back spam and fraudulent messages, Telecom Regulatory Authority of India (TRAI) applied the Telecom Business Communications Buyer Desire Laws (TCCCPR). The brand new SMS rule was launched in 2018 and was applied by the telecom operators on March 8, 2021. TCCCPR was designed to cease the issue of “unsolicited business communication or spam name and messages”.

The regulation goals to deal with frauds that happen by way of SMS. This TRAI’s new rule ensures all SMS messages should be verified earlier than they attain the customers and all should be registered within the TRAI Distributed Ledger Technology (DLT) platform. These embody communication messages like one-time password (OTP), verification codes, and notifications despatched by companies to their clients.

Nonetheless, the regulation needed to be delayed briefly for seven days after the incidents that occurred throughout its implementation on March 8, 2021. Instantly after the TRAI regulation was applied, customers in India skilled inconveniences reminiscent of mass failure in producing SMSes and OTPs. Lots of companies have been affected due to the OTP failure together with internet banking, bank card funds, Aadhaar-enabled transactions, railway ticket bookings, and vaccine registrations.

In response to Financial Occasions, “Near 50% site visitors is getting dropped due to content material scrubbing. Officers from India’s prime banks together with HDFC and SBI are extraordinarily livid and dialling TRAI to handle the mess on the earliest,” a prime government at a number one telemarketing agency instructed the enterprise publication.

Bharat Sanchar Nigam Restricted DLT 

India’s state-owned telecommunication, Bharat Sanchar Nigam Restricted (BSNL), has registered 7,477 companies on its blockchain-based communication platform for the reason that TRAI bulk SMS regulation was applied.

The TRAI established messaging regulations that require scrubbing client communication messages to make sure that the receiver of the message has opted in for such interactions. This new transfer is supported by BSNL DLT, a content material verification platform constructed on ledger-based blockchain protocols.

Organizations utilizing BSNL DLT will likely be topic to SMS screening towards pre-registered messaging templates hosted on the blockchain. In case of a mismatch, the message will likely be blocked by the corporate’s telecom supplier honoring client curiosity.

TRAI had warned that they’ll block communications of non-compliant organizations, as an official mentioned: “The Telecom Regulatory Authority of India will settle for no purpose, give no consideration and no extension to all those that haven’t streamlined their SMS course of. Let their companies undergo 100%.”

Watch: CoinGeek Zurich panel, Blockchain as a Service (BaaS): Straightforward Infrastructure for Enterprise-Grade BSV Functions

New to Bitcoin? Try CoinGeek’s Bitcoin for Beginners part, the last word useful resource information to study extra about Bitcoin—as initially envisioned by Satoshi Nakamoto—and blockchain.



Source link

Related articles

Has blockchain found a use beyond crypto trading?

Has blockchain found a use beyond crypto trading?

August 20, 2022
Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’

Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’

August 19, 2022
Tags: BlockchainbulkIndiasRegulationSMS
Share76Tweet47

Related Posts

Has blockchain found a use beyond crypto trading?

Has blockchain found a use beyond crypto trading?

by admin
August 20, 2022
0

PARIS — The bitcoin growth spawned new billionaires and movies of seaside events and Lamborghinis. The crypto crash introduced...

Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’

Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’

by admin
August 19, 2022
0

Because the hype surrounding play-to-earn (P2E) video games and platforms started to dwindle in early 2022, Web3 contributors started...

Vietnam Blockchain Summit – Cryptopolitan

Vietnam Blockchain Summit – Cryptopolitan

by admin
August 19, 2022
0

Vietnam Blockchain Summit  Cryptopolitan Source link

MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds

MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds

by admin
August 19, 2022
0

Phat Loop Studios, the corporate beneath fireplace final week for abandoning its Kickstarter and crypto-funded MMORPG sport Untamed Isles,...

GitPOAP gets $4.2M boost to memorialise professional journey as blockchain badges — TFN – Tech Funding News

GitPOAP gets $4.2M boost to memorialise professional journey as blockchain badges — TFN – Tech Funding News

by admin
August 19, 2022
0

GitPOAP gets $4.2M boost to memorialise professional journey as blockchain badges — TFN  Tech Funding Information Source link

Load More
  • Trending
  • Comments
  • Latest
BYD Ocean-X Concept creates ripples at the Munich show

BYD Ocean-X Concept creates ripples at the Munich show

September 9, 2021
Akt.io Introduces AKTIO Coin ICO in Ireland

Akt.io Introduces AKTIO Coin ICO in Ireland

October 15, 2021
HGTV’s Urban Oasis home in Indianapolis captures Broad Ripple’s vibe

HGTV’s Urban Oasis home in Indianapolis captures Broad Ripple’s vibe

October 8, 2021
NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq

NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq

October 15, 2021
Dogecoin Gained 7.63% to $0.218 at 5 p.m. ET — Data Talk

Dogecoin Lost 10.87% to $0.069 at 5 p.m. ET — Data Talk

0
Sell or hodl? How to prepare for the end of the bull run, Part 2 – Cointelegraph Magazine

Sell or hodl? How to prepare for the end of the bull run, Part 2 – Cointelegraph Magazine

0
BYD Ocean-X Concept creates ripples at the Munich show

BYD Ocean-X Concept creates ripples at the Munich show

0
India to Take Distinctive Approach Toward Cryptocurrencies, Not Like the US or El Salvador

India to Take Distinctive Approach Toward Cryptocurrencies, Not Like the US or El Salvador

0
Dogecoin Gained 7.63% to $0.218 at 5 p.m. ET — Data Talk

Dogecoin Lost 10.87% to $0.069 at 5 p.m. ET — Data Talk

August 20, 2022
Litecoin: Still A Valuable Coin (LTC-USD)

Litecoin: Still A Valuable Coin (LTC-USD)

August 20, 2022

Bitcoin’s Quiet Revolution: The New Renaissance

August 20, 2022
New cryptocurrency only recognized by Harlem businesses

New cryptocurrency only recognized by Harlem businesses

August 20, 2022

Recent News

Dogecoin Gained 7.63% to $0.218 at 5 p.m. ET — Data Talk

Dogecoin Lost 10.87% to $0.069 at 5 p.m. ET — Data Talk

August 20, 2022
Litecoin: Still A Valuable Coin (LTC-USD)

Litecoin: Still A Valuable Coin (LTC-USD)

August 20, 2022

Bitcoin’s Quiet Revolution: The New Renaissance

August 20, 2022

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Ripple

Follow Us

Tags

analysis Bitcoin Blockchain BTC buy Cardano Coin Cointelegraph crypto Cryptocurrencies Cryptocurrency DeFi Digital DOGE Dogecoin Effect ETH Ethereum Heres Inu Investors latest launches Litecoin LTC Market markets metaverse Million Mining News NFT NFTs Price Prices Ripple ripples SEC Shiba Solana today token Top trading XRP
No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • ICO
  • Market & Analysis
  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple
  • Dogecoin

© 2021 DECENTRALIZED UPDATE All Rights Reserved