Today it is the era of peer-to-peer communication which is the upper hand in improving the performance and security of the traditional centralized system. In addition, the new tech from WebRTC and 5G networks has increased the speed of AI.
This argument doesn’t have any severe effects on VoIP. So now, you might be speculating on how the blockchain revolutionizes peer-to-peer VoIP communication, but it is better to learn what blockchain technology is. So, here is a complete guide on the changes in VoIP communication through blockchain technology.
What is blockchain?
Blockchain is a shared ledger that facilitates the process of recording transactions. It also helps the communication industry track its networks. Let’s explain this with an example. Imagine you have transferred your files into the computer. Then the two accounts will also have access to the same files. In that situation, whenever you make any transactions, an email will be sent to each accountant.
What does blockchain do?
Blockchain technology is playing an essential role in the communication industry. Instead of getting dumped into how blockchain technology will work, get an idea that blockchain-based VoIP is changing the communications industry and its offerings.
- Digital ledgers
Instead of making the bank handle the digital ledger, blockchain technology allows everyone to hold up the communication industry.
- Peer-to-peer network
Blockchain often utilizes a network of nodes. However, using such technological expertise, each created transaction is unique and contains all the information and data encryptions. Meanwhile, you will also get a signature. The best thing is that no one can copy it, which results in less risk of fraudulent activities.
Due to the latest technology today, encryption is offered through a mathematical algorithm. Moreover, it offers digital signatures and is unique. Meanwhile, each signature requires private and public keys to unlock the system.
- Putting all the things together
Every transaction in the blockchain is encrypted and has its unique signature. This cannot be reused or reproduced, making communication relatively safer.
How is blockchain changing VoIP communication?
Blockchain offers opportunities to create the skeleton and secure communication with encryption and authentication. It is interesting to see how blockchain is helping in removing the need for carriers. This authentication is offered to every method of communication. Seeing this, blockchain and peer-to-peer VoIP: the future of communication is becoming extraordinary. Apart from it, this improves the complexity of the communication and authentication of telecommunications.