July 25, 2024
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Despite bulk SMS regulations, Indians opened for state-run blockchain


India’s SMS regulations expects businesses to follow with pre-registered messaging templates. This is a targeted attempt to counter spam and fraud.

India’s state-owned telecom Bharat Sanchar Nigam Limited (BSNL) records 7,477 businesses registering on its blockchain-based communication platform.

Furthermore, This is after authorities launched new regulations protecting consumers from spam and fraud.

Also, These regulations are authorized by The Telecom Regulatory Authority of India (TRAI).

They will require monitoring consumer communication messages. Meanwhile, This is to be thoroughly sure that the receiver of the message wants such interactions.

Furthermore, This move has BSNL DLT’s (content verification platform built on ledger-based blockchain protocols) full support.
This new SMS regulations is applicable to all industry comprising banks, educational institutions and private businesses.

Additionally, The list of 7,477 registrations shows this data.

TRAI also warned about blocking communications of non-compliant entities.

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An Official said:
“The Telecom Regulatory Authority of India will accept no reason, give no consideration and no extension to all those who have not streamlined their SMS process. Let their businesses suffer 100%.”

This means that there will be a screening for Businesses using BSNL DLT against pre-registered messaging templates hosted on the blockchain regulations .

Of course, if they find a mismatch, the company’s telecom provider will block the message as per consumers interest.
Indian Institute of Technology Madras (IITM), a state-run university joins 38 global organizations to govern the Hedera public ledger as a part of the Hedera Governing Council.

India Blockchain Strengthened

Meanwhile, This contributes to strengthening India’s blockchain adoption commitment.

Professor Prabhu Rajagopal from IITM’s Center for Nondestructive Evaluation notes that the institution will test use cases.

These use cases will be around public blockchains for payments, healthcare, industry and digital media.

Currently, this influences other Indian universities to explore and seek to implement similar strategies via regulations .