CBAN launches network agnostic identity service
Communications Business Automation Network (CBAN) has launched an identity service that verifies partners for any use-case, to automate settlement between ICT Service Providers.
Establishing identity is crucial in a de-centralised network, the challenge is that different distributed ledger technology (DLT) deployments have different mechanisms to establish identity.
In response, CBAN’s identity service has been developed to be DLT agnostic, providing unique identities to every organisation in the network and validate these across any number of DLT chains.
“The identities play a central role in the digitisation of business processes. Providing Self Sovereign Identity (SSI) services that can be based on different DLT in parallel is a milestone in the collaboration of telcos worldwide," said Franz Bader, director wholesale of A1 Telekom Austria Group and member of the board of CBAN:
"We as A1 believe that the solution we have chosen in CBAN has many advantages over monolithic solutions due to its distributed architecture. In the medium term, we can well imagine offering this solution to other industries.”
CBAN chose Aloaha Limited, a provider de-centralised identity solutions, as the technology partner to provide and operate the identity service on CBAN’s behalf for a set period.
The technology has been developed to be fully compliant with the CBAN Reference Architecture that is due to be published later this year, which defines the elements that ensure interoperability between different OSS/BSS system implementations.
“It is great that the collaborative journey of CBAN’s members to develop and interoperable platform for ICT service providers to automate settlement has led to this significant milestone," said Stefan Engelbert, founder and CEO of Aloaha Limited.
"This will pave the way for CBAN’s ambitious goal to revolutionise the telecoms industry. We at Aloaha Limited are very excited to be the chosen technological partner at this innovative juncture.”
In addition, to enable the creation and operation of an interoperable, automated settlement ecosystem, CBAN has defined specific Core Services that are the same across every use-case.
The CBAN identity services will be initially used by the CBAN members to enable the automation of the wholesale data-on-demand supply chain, and solution to identify and stop certain types of fraud in international voice business, with both products due to enter production in the coming months.
“Distributed ledger technology represents an opportunity to dramatically improve the operational efficiency of the communication industry and create a whole new range of products and services across the entire Technology sector," said Paul Gampe, CTO of PCCW Global and the chair of CBAN Technology Committee.
"As a membership organisation with a mission to unlock the value of automated connectivity, this identity service is of critical value to our membership.”