Thank you to everyone who ‘joined the revolution’ on March 9 by attending OpenCT’s event in New York City! We discussed our new, innovative blockchain-based solutions for the telecom industry, including Blockchain as a Transport (BaaT) and Blockchain-Defined Wide Area Networks (BD-WAN).
We also addressed our upcoming Token CrowdSale and our OCT Tokens, even giving away 200 of them during the well-attended event. (Check out our event wrap-up blog at this link.)
“One of the things that’s wonderful about what we’re doing is that we definitely see ourselves as something of a bridge for folks in telecommunications to better understand what’s happening in the world of blockchain,” OpenCT COO Mayande Walker told the audience.
Position Paper
As another step in those educational efforts, Jeffrey Doyle (CTO of both OpenCT and Seshaat, the parent company) is compiling a position paper outlining OpenCT’s mission, as well as Seshaat’s take on blockchain and related topics. This paper will be an ideal primer for anyone interested in learning more about OpenCT or blockchain in general.
Did you attend the NYC event but still have questions? Missed the webinar but want to learn more about OpenCT’s market offering? Or maybe you’re new to the blockchain scene and just need some background on the technology and terminology. In any case, sign up to our mailing list to be notified when the position paper is published here.
In this paper, you’ll learn:
· The meaning of blockchain and the differences between public, private and hybrid blockchains
· Why we selected the telecom industry to demonstrate the power of OpenCT
· How OpenCT blockchains are used in telecom applications
· How miners relate to the blockchain system
· Why Graphene is the fibre cable of the blockchain world
· Why Proof of Stake (PoS) is a better algorithm than Proof of Work (PoW) — but Proof of Duration (PoD) ultimately takes the lead
· The details about OpenCT’s two killer apps — BaaT and BD-WAN
“Blockchain, the technology making cryptocurrencies possible, is rapidly being adapted by a surprisingly diverse collection of business verticals from finance to automotive,” Jeff writes.
“We recognize the opportunities blockchain presents for solving some long-standing technical problems in the telecommunications industry and its potential for creating profitable new services.”
See Jeff below talking about the power of BD WAN at the New York event and supporting slide deck explaining BD WAN, and its business benefits.
YouTube video:
Supporting slides: https://www.slideshare.net/stuartgh/bd-wan-introduction-from-jeff-doyle
Handy links:
Website: http://www.openct.io.com
Whitepaper: http://www.openct.io/white-paper
Telegram: http://www.t.me/OpenCryptoTrust
Twitter: http://www.twitter.com/OpenCryptoTrust
Facebook: http://www.fb.me/OpenCryptoTrust
Linkedin: http://www.linkedin.com/company/opencryptotrust/
Reddit: http://www.reddit.com/r/OpenCT/
YouTube: http://www.youtube.com/channel/UCkHX2FMyWuC4TGXDUz2hWDg