Axiata, PLDT, Telin, Turkcell, Viettel and Zain Join the Carrier Blockchain Study Group (CBSG)
https://www.businesswire.com/news/home/20180705005649/en/
SUNNYVALE, Calif. & TOKYO--(BUSINESS WIRE)--Jul 5, 2018--The Carrier Blockchain Study Group (“CBSG”), the global blockchain consortium of telecom carriers, today announced that ASEAN and South Asian operator Axiata Group Berhad (“Axiata”), Philippine-based PLDT, Inc. (“PLDT”), Indonesia-based PT. Telekomunikasi Indonesia International (“Telin”), Turkey-based leading digital operator Turkcell (“Turkcell”), Vietnam-based Viettel Telecom Corporation (“Viettel”), and Kuwait-headquartered Zain Group (“Zain”) agreed to jointly explore how to collaborate on building a next-generation global cross-carrier blockchain platform and ecosystem.
The CBSG Consortium is the leading telecom blockchain consortium. It was launched in September 2017 to enable the joint development of an innovative blockchain platform designed specifically for telecom carriers, led by U.S.-based blockchain technology company TBCASoft, Inc. (“TBCASoft”) and Japan-based SoftBank Corp. (“SoftBank”), with U.S.-based Sprint Corporation (“Sprint”) and Taiwan-based Far EasTone Telecommunications Co., Ltd. (“Far EasTone”) as initial founding members. Other members of the CBSG Consortium are South Korea-based LG Uplus Corp. (“LG U+”), KT Corporation (“KT”), and UAE-based Etisalat Telecommunication Corporation (“Etisalat”). CBSG aims to provide telecom members and their customers various services such as secured global digital payments, clearing and settlement, personal authentication, IoT applications and other services using blockchain technology.