The US-based blockchain company TBCASoft, Inc. has made a partnership with the Indian-based multinational information and networking technologies solutions provider Tech Mahindra Limited in order to promote the Cross-Carrier Blockchain Platform for those carriers which are related to the telecom industry.
The main objective of the partnership is to use this platform in areas like supply chain, contract management, roaming billing and taxes, identity management and mobile transactions.
This Blockchain platform is now recognized as those empowering carriers who provide various services. These services incorporate features such as transparency, security, and real-time transactions.
The Carrier Blockchain Study Group (CBSG) is a global blockchain consortium. The members and partners of CBSG build blockchain-based services on this platform and blockchain Company TBCASoft leads the CBSG.
The founder and CEO of TBCASoft and Co-Chairman of the CBSG ConsortiumLing Wu said, “Global carriers have already provided reliable and ubiquitous networks. By partnering with TBCASoft under the CBSG Consortium, carriers are able to create and extend their services beyond traditional markets and borders. The demands from global telecom carriers to join the CBSG blockchain collaboration with TBCASoft have been increasing rapidly. In the meantime, carriers may need additional expertise in planning new services in emerging areas. We look forward to providing more value to our Consortium members by teaming up with global partners like Tech Mahindra”, ET Tech reported.
The blockchain Company TBCASoft has also made a partnership with the Japanese multinational holding conglomerate SoftBank Corp. in order to launch a blockchain-based “Identification & Authentication” Working Group under the surveillance of the Carrier Blockchain Study Group (CBSG). Cross-Carrier Identification System (CCIS) is a new foundation application framework created to enable identification & authentication services. The main purpose of CCIS is to make individuals free from the creation of multiple accounts and countless passwords and to use Cross-Carrier Blockchain Platform of TBCASoft along with highly protected data centers of telecom carriers in order to prevent their personal information from identity thefts, BusinessWire reported.[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. ]