Accredited Solutions, Inc. (OTC: ASII) has announced the launch of CDRChain, a blockchain-based marketplace aimed at transforming the settlement process for call detail records (CDRs) and SMS traffic among telecom carriers, MVNOs, and global partners. This innovative platform leverages blockchain technology to offer near real-time transaction validation and settlement, addressing the inefficiencies inherent in traditional billing and clearing systems.
CDRChain’s introduction comes as a response to the longstanding challenges faced by the telecom industry, including delayed payments, high administrative costs, and the risk of fraud. By utilizing an immutable ledger and smart contract functionality, the platform promises to streamline operations, enhance transparency, and foster trust among all parties involved in the settlement process.
Eduardo Brito, CEO of Accredited Solutions, highlighted the transformative potential of CDRChain for the telecom settlement industry. The platform’s features include accelerated settlement times, reduced fraud risk, operational efficiency, cost savings, and unparalleled transparency, making it a comprehensive solution for the industry’s needs.
With no direct competitors offering a similar blockchain-based solution, CDRChain is poised to become the central hub for global SMS and voice traffic settlements. The platform’s launch is a significant step forward in the telecom industry’s evolution towards more efficient and secure transaction processes.
For more information about CDRChain and to join the waiting list for early access, visit https://cdrchain.ai/. Accredited Solutions anticipates having a minimum viable product (MVP) with three test clients interconnected by the end of the third quarter of this year, marking a pivotal milestone in the platform’s development and adoption.
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