Global telecom blockchain consortium unveils working group for remittances!

2018-7-7 01:17

A global blockchain consortium of telecom carriers has announced that six further major international telecoms firms are joining its ranks, CT Japan reports today, July 6.
The consortium, dubbed ‘The Carrier Blockchain Study Group’ (CBSG) has also today unveiled the creation of a new blockchain working group that will focus on global remittance services.
Launched in September 2017, CBSG counts as its founding members Japanese telecoms conglomerate Softbank, Taiwan-based telecoms carrier Far EasTone, and two U.S.-based firms – telecoms-focused blockchain firm TBCASoft and telecoms firm Sprint.
In Asia, the latest leading telecom carriers to join are Malaysia-headquartered conglomerate Axiata, the Philippines’ leading telecoms provider PLDT, Indonesia-based Telin, and Vietnam’s largest cell network operator Viettel.
Earlier this spring, Chinese telecoms giant Huawei revealed its latest Hyperledger-fuelled blockchain cloud service, and South Korean telecoms operator SK Telecom also announced two new blockchain tech platforms, one for digital asset management, and one to support the Initial Coin Offering (ICO) investment ecosystem.

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