US telecom Sprint is working on a new blockchain initiative focused on carrier applications.
The firm is partnering with SoftBank, a Japanese telecom conglomerate, and TBCASoft, Inc., a blockchain startup based in California. Sprint is the fourth-largest telecom provider in the US, according to data from Statista, after Verizon, ATT and T-Mobile.
For now, it appears the partnership is still in its early stages, as the three companies said today that joint trials won’t begin until June, leveraging a platform developed by TBCASoft to connected the telecom’s systems together.
Sprint confirmed the partnership when reached, with a representative telling CoinDesk:
“We entered this partnership with SoftBank and TBCASoft as part of our mutual interest to understand the full potential of blockchain to improve carrier-to-carrier interactions and, ultimately, end-user enhancements to further simplify transactions for customers.”
Sprint is by no means alone in its work on blockchain among the world’s telecoms.
A number of firms in the space have sought to obtain patents related to the tech in the past two years, including ATT, British Telecommunications PLC and Verizon.
Like Sprint, some telecoms have sought collaborative efforts around blockchain. Swisscom AG, which is state-owned, became a
Read more ... source: CoinDesk
Let's block ads! (Why?)
Powered by Bitcoin Central