Sharing revenue and according reconciliation processes connected to digital services are a time-consuming matter. Deutsche Telekom, SAP and Camelot ITLab teamed up to optimize these processes while bringing additional trust to all involved parties at the same time.
Today’s e-commerce platforms not only focus on “box moving” – the selling of physical products. They also offer services like telecommunication products, cloud products and IT products. But what happens in the background if several providers are involved and need to get their regular revenue share based on actual end-user consumption? Today, this is often a manual process, based on blind trust between the various parties.
Deutsche Telekom and Camelot ITLab leverage blockchain technology as the trusted distributed ledger to enable new decentral platforms, that automate these processes and make them more efficient as well as tamper-proof. The blockchain platform offers a decentral online marketplace that allows sellers to more easily combine bundles of services and digital products from various providers.
Digital services need new answers
An example for a mixed product would be a mobile phone contract with a monthly fee, combined with a pay-per-use mobile TV package and a cloud storage package billed per GB – all from different providers. The presented blockchain based solution enables revenue sharing and reconciliation trustworthily automated by combining SAP’s, TLab’s and Camelot’s blockchain services, products and applications.
Presented at SAPPHIRE NOW
This use case will be presented at SAPPHIRE NOW 2019. To learn more, please join the session of Stephan Westermeyr, Deutsche Telekom, and talk to our Camelot experts at booth #444.