Sprint and SoftBank Back New Blockchain Consortium for Telecoms
A group of telecom carriers including Sprint have formed a new blockchain consortium.
SoftBank is working with IBM to develop cross-carrier blockchain tech to enable smartphone users to make local payments when traveling abroad.
Japanese telco SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services.
The exchange said it is discussing a strategic partnership with a Softbank subsidiary and Japan-based exchange TaoTao to work together to provide "trading services" in the country.
South Korean telco LG Uplus is to trial a blockchain-based mobile payment service aimed to let travelers save fees when shopping abroad.
Japanese telecoms giant Softbank Corp. has completed a blockchain proof-of-concept that allows P2P mobile payments across different carriers.