Service providers participating in the _cban DAO (Decentralized Autonomous Organization) to synchronize the record of product inventory using smart contracts.
The growth in orders of connectivity and other telecom services ordered by one service provider (Buyer) from another service provider (Seller) is increasing the occurrence of errors in the recording of the current status of the order product in each of their respective systems. Errors such as incorrect recording of circuit IDs, product order identifiers, start date, end date, price etc. may occur in either buyer and/or seller system at any stage of the lifecycle of the transacted product.
Newly available blockchain technology and the even newer concept of DAOs (Decentralized Autonomous Organization) formed by groups of collaborating suppliers using smart contracts and tokenomics for governance together offer a radically new approach to sharing sensitive commercial information in real time with trusted partners about resources that can be transacted between them.