Sheesha’s Sneak Peek — Bartr World
Welcome Sheesha Family to this week’s Sneak Peek, where we share exclusive insight into some of the most promising crypto projects around.
In here, you’ll find juicy information about the team’s long-term vision, and get a real sense of progression as we discuss the major milestones on our partner’s path to success.
This week, we are getting a sneak peek into Bartr World.
Bartr is revolutionising the telecommunications industry. Through aggregating telecoms data on-chain, Bartr solves a key problem in one of the world’s largest and most established business sectors.
We’re joined by Paul Henderson from Bartr World to help us get a deeper look into the project’s ambitious plans.
Make sure to stick around until the end so you don’t miss the live Q&A!
Without further ado, let’s get into it…
Q&A with Bartr World
1. Can you tell us more about your experience, and what brought you into crypto? You must have had a solid understanding of both blockchain and telecommunications to be able to put the two industries together so effectively.
Our founding team comes from an eclectic mix of professional backgrounds and fields of domain expertise, many non-telecoms. Personally, academically I’m trained as a lawyer, but spent most of my career before telecoms working in finance and investment, particularly with and in emerging markets and companies and projects based in them. These included banking, oil and gas, mining, agriculture, renewable energy, investment and asset management, and related technology ventures.
I worked with an investment fund that was aiming to invest in DLT-focused projects back in 2012/13, and a wholesale telecom company that approached me to help then restructure, secure funding and expand. It was this company that brought me into telecoms in 2013, which eventually went on to relaunch as a co-founder.
Running that business for several years exposed me to the problems telecom operators and related businesses continue to face, which I learned were in large part due to the outdated systems used to manage networks and transmission flows. Putting DLT and telecoms operations together struck me as an obvious solution, and led me to found Bartr Group in 2017.
2. In Telecoms, it’s clear that the technologies being used are outdated. From manually updating customer’s contracts, to entering credit, and storing all call data on centralised databases for each independent service provider, with no easy access to relevant data from other providers. How exactly does Bartr aim to improve technical and operational efficiency for telecoms companies using blockchain?
Short answer: by standardising and automating every workflow and data format necessary for telecom network operations, starting at Layer 8.
Long answer: Surprisingly, considering that telecoms and connectivity is essentially the bedrock on which the innovations of the internet and digital age have and are being built, many of the systems being used to manage network operations are based on decades old technologies, are non-interoperable, not standardised, and still rely on analogue workflow i.e. they require substantial manual human oversight and intervention to “work”.
Applying first principles thinking, we started with a blank sheet in terms of systems architecture and design and asked “what tools do we have in the box today in the 21st century that enable more and better product solutions to be built to solve the problems that legacy systems are struggling with?”
Telecoms network infrastructure and transmission flows are fundamentally and inherently digital and distributed. Putting DLT and related novel innovative technologies at the core of our product and solution design was a natural fit. It enables levels of standardisation — and therefore automation, transparency, and efficiency- and much greater levels of security and granularity of data capture, than the current state of the art technologies and solutions are capable of delivering.
A sector-specific ledger record of all transactions occurring on all networks globally — or at least initially beyond a single network of companies view — means greater visibility to all participants in the market. This then enables secure sharing of network event data for the purposes of reconciliation, billing, resource planning and management, cyber-security, and much more.
Smart Contracts standardise and automate currently analogue workflows, with the high degree of composability inherent in Smart Contract architecture makes The Bartr Solution capable of rapid and substantial scaling without compromising efficiency or security for users or operators.
3. Using Bartr, are people able to call each other directly over the blockchain like regular internet calls?
Bartr products and services are being built to be network, device and user agnostic.
All transmissions across networks (voice/data/SMS) — regardless of the technology that runs the operations systems that manage the workflows required to oversee those calls — are energy pulses or waves through the air or through a physical medium of transmission (copper or glass cables). This hasn’t changed fundamentally since someone tied two empty tin cans to the end of a piece of string, or rolled up something flat into a cone and shouted through it to get their voice to travel further.
What Bartr products and services will do is change the way that the raw data that is created by the fact that these transmissions are physically observable is being captured, recorded and analysed with a DLT-based ledger at the core and as the foundation of that systems architecture.
4. How many countries around the world does Bartr plan to extend its services to?
All of them, with an initial focus on countries on the African continent and India where connectivity service costs are relatively high for users. The efficiency delivered to operators by Bartr products and services will enable costs to end users to be reduced significantly.
5. If Bartr can aggregate call data on the blockchain and improve the efficiency of complex data tracking, does this put all existing telecom providers at a disadvantage for using Web2 infrastructure?
We’re building solutions that are complimentary versus competitive to existing Web2 products. Our long term, 100 year vision is that a version of The Bartr Solution becomes the operating system, and in the immediate term, we will collaborate with incumbents and look to build API and SDK support for the largest vendors of existing systems.
6. Does Bartr plan to serve customers directly, or is the business model geared towards improving existing businesses?
Our telecom transmission and network operations management products are focused on Enterprise users, helping them to vastly improve their actionable data insights, profitability, security, and efficiency.
Other parts of the Bartr Solution will serve customers directly, but not as consumers of connectivity services, rather as members of the network and participants in GDEX, the first exchange where connectivity and network resources will be tradeable and staking will allow users to provide liquidity to the telecoms wholesale market and earn passive income from their participation.
7. Is providing telecoms services on the blockchain better or worse for privacy, considering the data ledger is public?
Managing telecom transmissions and network operations is much more secure using DLT-based solutions such as Bartr’s.
While Bartr is engaging with the market on both a B2B and a B2B2C basis, Enterprise elements of the product suite that include DLT records of transmissions between networks and wholesale telecom operators are on private-permissioned ledgers, and records are aggregated and obfuscated, protecting commercially sensitive information between businesses.
Network subscribers personal data is not accessible directly by telecoms businesses either in Web2 or Web3, and data breaches come from maintaining traditional data storage that is siloed on-site or within the domain of each telecom business, and is prone to hacks and human error.
There we have it!
Some fascinating answers in there.
Thank you to everyone who got involved today. We hope you enjoyed this edition of Sheesha’s Sneak Peek, and hope you gained some crucial insight into the scope and scale of Bartr’s plans as we move into the future.
And of course, a massive thank you to Paul for joining us. We love having these conversations with our partners and Paul provided some really thoughtful answers to all of our questions.
Make sure to follow Bartr World on social media to hear all about the latest developments:
See you in the next one, Sheeshans!
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