SoftBank, Sprint and TBCASoft Partner in
Blockchain Technology for Telecom Carriers
February 24, 2017
BARCELONA, Spain — Japan-based SoftBank Corp. (“SoftBank”), U.S.-based Sprint Corporation (“Sprint”) and U.S.-based TBCASoft, Inc. (“TBCASoft”) today announced they agreed to aim for a technology partnership jointly developing blockchain technology for telecommunication carriers.
TBCASoft is a startup company developing consortium-based blockchain technology specifically for telecommunication carriers. SoftBank, Sprint and TBCASoft will promote research and development with the aim of building a cross-carrier blockchain platform for various services, such as secured clearing and settlement, personal authentication, IoT applications, and other services provided by telecommunication carriers.
Starting June 2017, the three companies aim to commence a technical trial that connects TBCASoft's blockchain platform to telecommunication carriers' systems. The three companies will collaborate closely on issues related to technology, business and the regulations of various jurisdictions.
About TBCASoft, Inc.
- The information is true and accurate at the time of publication.
Price, specification, contact and other information of products and service may be subjected to change. The information contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.