CITIC Telecom International Holdings Ltd.

05/07/2024 | Press release | Distributed by Public on 05/07/2024 08:31

CITIC Telecom Won the First Prize in the Open Gateway Hackathon Competition

(5 July 2024, Hong Kong) On 28 June 2024, CITIC Telecom International Holdings Limited won the first prize in the Open Gateway Hackathon Competition based on the criteria of completion, creativity and social value of the project. The competition was jointly organised by GSMA and China Telecom in Shanghai, with participation of 69 teams formed by globally renowned universities, telecom carriers, internet companies and software developers. CITIC Telecom demonstrated its innovation capability and technological superiority in this field as the winner of the competition.

Leveraging on its rich experience in programming, digital cloud communication solutions and product innovation capabilities, CITIC Telecom creates a new concept of "FairFareGo", a fair and convenient ticketing system. This project combines various API capabilities from the GSMA Open Gateway, including SIM Swap, Location Retrieval, One Time Password SMS, Geofencing, KYC Fill-in, Number Verification, and Mobile Quality on Demand. In addition, it incorporates AI algorithms to develop intelligent applications that realises functions of smart ticketing, smart queuing, smart service, which identifies and prevents scalping behaviour, resolves ticket scarcity issues for major cultural and tourism events such as exhibitions, concerts, and music festivals. It also can be applied in smart city scenarios to facilitate the building of a smart emergency monitoring system for large-scale events, and to assist the government in efficiently mobilising social resources to improve emergency response mechanisms.

Mr. Dickson Ip, Chief Technology Officer of CITIC Telecom, stated that "Through the learning process of Open Gateway API technology, we have discovered the significant potential of Open Gateway API standardisation with the application of 5G network capability. It can be applied to various application environments. Meanwhile, it allows us to integrate creativity and to complete projects in a short time. Our company has full confidence in the Open Gateway ecosystem. Furthermore, as a channel partner for API services, CITIC Telecom will actively develop various cloud platform services to support development of major carriers and enterprises."

Going forward, CITIC Telecom will coordinate with GSMA and global developers to enrich applications of Open Gateway API, accelerate telecom network accessibility and enhance digitalisation and smart applications in different industries.