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Sprint to test blockchain for carrier applications

Monday 27 February 2017 09:45 CET | News

Sprint, a US-based telecom company, has teamed up with SoftBank, a Japanese telecom conglomerate, and TBCASoft, a blockchain startup based in California, to tap blockchain tech for carrier applications.

Sprint is considered to be the fourth-largest telecom provider in the US, according to data from Statista, after Verizon, AT&T and T-Mobile. The partnership is still in its early stages, according to CoinDesk, as the three companies said that joint trials will begin in June 2017, leveraging a platform developed by TBCASoft to connect the telecom’s systems together.

Furthermore, a number of companies in the space have sought to obtain patents related to blockchain in the past two years, including AT&T, British Telecommunications PLC and Verizon.

Like Sprint, some telecoms have sought collaborative efforts around blockchain. Swisscom, which is state-owned, became a member of the Linux Foundation-led Hyperledger blockchain project in December 2016. Others, including Orange, France-based, have moved to invest in the space directly.


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






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