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A number of multinational telecommunications companies have joined the Carrier Blockchain Study Group (CBSG) to intensify efforts in applying blockchain technology in the industry. 24.Feb.18 9:26 AM By Daria Zaytseva Photo Toinnov.com 239 | |
According to announcement by the Japanese SoftBank, the research team will see the Etisalat telecommunications company from the UAE, the Spanish Telefonica and the Philippine’s PLDT as new members. In addition, two companies from South Korea will also join this initiative: KT Corporation and LG Uplus, a subsidiary of LG.
In the release, the group also advertises its recent success in demonstrating a cross-carrier blockchain payment system to initiate domains on phone bills, as well as roaming and money transfers of a mobile wallet. |