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, AT&T 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 connect 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.
Like Sprint, some telecoms have sought collaborative efforts around blockchain. Swisscom AG, which is state-owned, became a member of the Linux Foundation-led Hyperledger blockchain project in December, and UAE-based Du joined Dubai’s Global Blockchain Council last year as well.
Others, including France-based Orange, have moved to invest in the space directly.
Image Credit: Ken Wolter / Shutterstock.com