MEF 114 DLT-Based Commercial and Operational Services Framework – Billing

2021 May

Product Portfolio: Other

Standard Type: Architecture

Tags: DLT, Billing

Summary:

This MEF standard defines a Distributed Ledger Technology (DLT)-based Commercial and Operational Product Framework for use in billing and settlement of products traded between providers of MEF and other services.

Abstract

This document describes how to achieve a common state frame of reference for billing transactions between and for organizations buying and selling products.

This standard is intended to be used primarily by organizations that want to offer any MEF or Non- MEF products such as combinations of data connectivity, compute, and storage both for retail customers and for wholesale customers, as well as a range of technology solution providers supporting them.


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