Highlights:
- Telecom Infra Project (TIP) is a collaborative telecom community founded by Facebook, together with leading telecom operators, equipment vendors and research institutes. The TIP Summit is the ultimate annual conference to showcase the latest solutions and products.
- NKN is a Silver Sponsor of the TIP Summit 2018 London.
- NKN showcases its overall technology vision, telecom use cases, public testnet, and several live demos including IoT solution for smart homes (in collaboration with IoTeX), Space Cats 3D peer to peer gaming, and embedded miner with Linksys home WiFi router.
- NKN team met delegates from many participating companies including Facebook, BT, Telefonica, Tech Mahindra, Ofcom, MobileEdgeX, OpenSignal, Nokia, Redhat, Huawei, and Zeetta Networks.
Background
In early 2018, NKN joined the Telecom Infra Project, a collaborative telecom community founded by Facebook, Deutsche Telecom, Intel, Telefonica, Nokia, Vodafone, and BT. Facebook intends to drive open source hardware and software models to the telecom equipment market, enabling telecom operators to build infrastructure networks in areas that were previously considered to be unprofitable because of high deployment costs.
NKN’s envisioned tokenized connectivity protocols and business model can give the TIP innovators a boost in faster and wider adoption. Therefore NKN is participating and contributing to several work groups such as Edge Computing Group, OpenCellular Group, and TIP Community Labs.
Showcase in TIP Summit 2018
NKN is a Silver Sponsor of the TIP Summit 2018 in London. Our Co-CEO Zheng “Bruce” Li and CTO Dr. Yilun Zhang showcased NKN’s overall technology vision, telecom use cases, public testnet, and several live demos including
- IoT solution for smart homes, in partnership with IoTeX
- Space Cats 3D peer to peer gaming
- Embedded NKN miner with Linksys home WiFi router.
There has been immediate interest from the companies participating in the summit. During the course of the event, NKN’s team discussed with delegates from many companies including Facebook, BT, Telefonica, Tech Mahindra, Ofcom, MobileEdgeX, OpenSignal, Nokia, Redhat, Huawei, and Zeetta Networks.
Outlook
Traditional telecom networks are composed of proprietary software and hardware components. However, this approach is not suitable for technological innovation. In today’s rapidly changing business environment, operators can neither quickly deploy new services nor reduce deployment costs under this traditional model. The deployment of open source software on general-purpose processors such as X86 or ARM avoids the use of dedicated hardware and software components. The decoupling of hardware and software can simplify network access, reduces costs, improves deployment flexibility, and supports technology innovation.
TIP has published several open source hardware and software designs for 3G & 4G LTE small cells, core networks, optical switch, and mmWave backhaul. These initiatives will significantly lower the cost of manufacturing and deploying telecom infra equipment as well as speed up the innovation on these open platforms.
What we see missing is additional economic incentives for entrepreneurs and new companies to build out new infrastructure. Even with the significantly lowered cost of open source software and hardware, the traditional subscription revenue stream is still too small and too slow to recoup the capital investment. In addition, the existing telecom network is not efficiently utilized due to the imbalance between demand and supply.
Therefore, an open and trusted protocol is required to mediate among different networks and service providers. We believe NKN can be a good fit for this purpose and thus contribute to the innovation in telecom business. If you are a network operator, service provider, or equipment vendor that share our vision of the future, please contact us for potential collaboration and partnership.
About TIP
Founded in 2016, TIP is an engineering-focused initiative driven by operators, suppliers, developers, integrators, and startups to disaggregate the traditional network deployment approach. The collective aim of our community is to collaborate on new technologies, examine new business approaches, and spur new investments into the telecom space.The TIP community has more than 500 member companies working together towards a common goal.
About NKN.org
NKN is the new kind of network connectivity protocol & ecosystem powered by blockchain for an open, decentralized, and shared Internet. We motivate users to share network connections, service providers to utilize unused bandwidth, and developers access to global peer to peer networking stack.
NKN’s goal is to revamp the $1.4 trillion communication business, where we face many challenges today such as inefficient resource utilization, lack of net neutrality, and centralized network control. By tokenizing the network layer, NKN is providing the missing third pillar of internet infrastructure just as Ethereum has done for compute and ipfs for storage. Our core technical innovations are dynamic routing, Proof of Relay, highly scalable consensus, and token reward mechanism.
Home: https://nkn.org/
Email: contact@nkn.org
Telegram: https://t.me/nknorg
Twitter: https://twitter.com/NKN_ORG
Medium: https://medium.com/nknetwork
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Github: https://github.com/nknorg
Reddit:https://www.reddit.com/r/nknblockchain
Discord: https://discord.gg/yVCWmkC