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Sprint, SoftBank initiate blockchain consortium for telecoms

Wednesday 20 September 2017 08:07 CET | News

Sprint, a US-based carrier, SoftBank, a large Japanese telecom company, and FarEasTone have teamed up to launch a new blockchain consortium.

The project, called Carrier Blockchain Study Group, started in February 2017 when the companies announced they were testing a platform, developed by blockchain startup TBCASoft, aimed at improving communications between carriers.

The consortium has already successfully tested mobile payment systems and recharging prepaid phones across different carriers using the platform. In the future, the group will roll out applications for connected computing, personal authentication, and debt resolution. The partners involved in the project expressed hope that the consortium will attract other carriers.


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Keywords: Sprint, Softbank, TBCASoft, blockchain, carrier billing, partnership, Bitcoin, cryptocurrency, US, Japan, mobile payments, Taiwan
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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