A software company TOMIA collaborates with an enterprise blockchain software firm called R3 in order to deliver a blockchain solution for telecoms market. The company doesn’t only collaborate with R3, but it also collaborates with a network of professional service firms called KPMG, a tech company called Microsoft, and a fully-managed blockchain service called Azure Blockchain Service for delivering the solution.
The Chief Executive Officer (CEO) of R3 David E. Rutter said, “As the telecoms market becomes increasingly digitized, there is a significant opportunity to improve the efficiency of settlement and dispute management processes, saving time and costs. We think the Corda blockchain, with its focus on security, scalability and performance for enterprise use, provides the ideal technology platform for developing new solutions. We’re excited to be engaging with some of the industry’s most experienced and accomplished names, TOMIA, KPMG and Microsoft, to work on this project.”
On June 23, 2019, the software company TOMIA has made an announcement of introducing the solution. Market-leading solutions of TOMIA will be extended through the solution. The solution can transform how settlement and dispute are managed in an interconnected world and a roaming world.
Transparency and visibility can be provided through the blockchain, PR Newswire reported.
The enterprise blockchain software firm R3 is located in New York. It was established in the year 2015. It collaborates with an ecosystem. The ecosystem consists of 200 members and partners from various industries. Building upon an open-source blockchain platform called Corda and a commercial version of Corda for enterprise usage called Corda Enterprise is a purpose behind this collaboration. The R3 team has 180+ professionals across 13 countries. 2,000+ technology, financial, and legal experts support the R3 team. Industries like financial, healthcare, shipping, insurance, etc use Corda platform. Financial agreements can be recorded, managed, and executed through the Corda platform, according to the official LinkedIn account of R3.
The software company TOMIA was established in the year 1999. It is located in Vienna, Virginia. Providing transformative connectivity solutions to service providers is a purpose of TOMIA. Connectivity future is driven with the help of new technologies and services [VoLTE, NFV, and 5G]. Customers are helped for the management of a unified optimization process related to roaming and interconnect. Its regional headquarters are in places like US, Israel, Luxembourg, India. It employs 500+ people, according to the official LinkedIn account of R3.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]