July 1, 2021 (MLN): After preparatory endeavors since 2019, WorldCall Telecom Limited ‘WTL” has entered into close commercial cooperation with World Mobile Group “WMG” for the deployment of Blockchain secured service management solution.
This arrangement would ensure the provision of affordable broadband connectivity across Pakistan in addition to its existing roll-out projects, a notification to PSX revealed.
All WTL subscribers would be enabled and integrated into the digital economy landscape with a state-of-the-art Digital ID; both universally unique and “absolutely secure”. The Digital ID and attached e-Wallet is secured through authentication protocols powered by the latest 3rd generation crypto technology. Subscribers would join the digital economy eco-system and using this unique Digital ID, all forms of on-demand services targeting education, health and other service sectors can be launched. It would prove instrumental in transforming WTL into a significant technology-driven business entity.
WTL is currently undertaking an aggressive roll-out with Fiber To The Home “FTTH” and “Broadband for All” projects.
World Mobile Group is leading one of the most innovative and exciting adaptations for blockchain deployments in legacy telecom infrastructure and plans to promote “Connect the Unconnected” right across the globe.
As per the notice, WTL would derive immense benefit from this exclusive relationship within Pakistan. With its fiber-optic infrastructure and network connectivity already in place, subscriber signup and connectivity would be significantly higher in its current FTTH and Broadband for All projects. Through the use of this technology, WTL would target a revenue upside from its broadband connectivity and augment its revenue streams with minimal costs.
“Both parties are fully committed to making their engagement a success,” a notice said.
