"Turkcell" Turkish Telecom Giant Introduces Blockchain ID Management Product

Turkcell's telecommunication service provider Turkcell has established a blockchain-based identity management service, the Daily Sabah reported on February 26th.

Turkcell, as reported, released his new blockchain product at the Mobile World Congress (MWC) technology 2019. February 25. The ID Management Solution is designed to allow users to control their personal information and ensure confidentiality by the Global Privacy Rule (GDPR).

While existing identity management systems plan to share user data with third parties, it is expected that the Turkcell blockchain product will store the required user data on a block box and eliminate additional identity verification. Turkcell also introduced a case based on the blockchain, including an identity management solution to verify donor admittance to people in need.

Serkan Öztürk, Senior Vice President of User Experience and Information Technology at Turkcell, said that "the use of blockchain technology is key to improving the user experience of our digital services and solutions, which remains the top priority in designing our services." Our efforts will help us [Turkcell ] Improve our digital services and raise the level of user experience. "

Established in 1994, Turkcell is a digital operator based in Turkey and established in nine countries. In 2018, the net profit of the group was 2 billion liters ($ 377 million), while the group's revenues increased by 21% over the same period last year.

The blockchain is widely accepted in the telecommunications sector in the world. Earlier on the same day, Cointelegraph announced that Telefonica, the largest Spanish telecommunications company in partnership with Microsoft, developed its digital innovations using blockchain and artificial intelligence. Collaboration would include customer-oriented technological improvements based on the previous work of both companies.

Also this month, SK Telecom (SKT), the largest mobile operator in South Korea, has partnered with the world's fifth largest telecommunications company, Deutsche Telekom, to develop a commercialized mobile identity, a chain driven block that can be used for applications such as controls, transactions, and contracts.


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