[February 23, 2017] |
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SoftBank, Sprint and TBCASoft Partner in Blockchain Technology for Telecom Carriers
Japan-based SoftBank Corp. ("SoftBank"), U.S.-based Sprint (News - Alert) Corporation
("Sprint") and U.S.-based TBCASoft, Inc. ("TBCASoft") today announced
they agreed to aim for a technology partnership jointly developing
blockchain technology for telecommunication carriers.
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TBCASoft is a startup company developing consortium-based blockchain
technology specifically for telecommunication carriers. SoftBank, Sprint
and TBCASoft will promote research and development with the aim of
building a cross-carrier blockchain platform for various services, such
as secured clearing and settlement, personal authentication, IoT
applications, and other services provided by telecommunication carriers.
Starting June 2017, the three companies aim to commence a technical
trial that connects TBCASoft's blockchain platform to telecommunication
carriers' systems. The three companies will collaborate closely on
issues related to technology, business and the regulations of various
jurisdictions.
About SoftBank Corp.
SoftBank Corp., a subsidiary of SoftBank Group Corp. (TOKYO:9984),
provides mobile communication, fixed-line communication and Internet
connection services to customers in Japan. Leveraging synergies with
other companies in the SoftBank Group, SoftBank Corp. aims to transform
lifestyles through ICT and expand into other business aeas including
IoT, robotics and energy. To learn more, please visit www.softbank.jp/en/corp/group/sbm/.
About Sprint
Sprint (NYSE:S) is a communications services company that creates more
and better ways to connect its customers to the things they care about
most. Sprint served 59.5 million connections as of Dec. 31, 2016 and is
widely recognized for developing, engineering and deploying innovative
technologies, including the first wireless 4G service from a national
carrier in the United States; leading no-contract brands including
Virgin Mobile (News - Alert) USA, Boost Mobile, and Assurance Wireless; instant
national and international push-to-talk capabilities; and a global Tier
1 Internet backbone. Sprint has been named to the Dow Jones
Sustainability Index (DJSI) North America for the past five years. You
can learn more and visit Sprint at www.sprint.com
or www.facebook.com/sprint
and www.twitter.com/sprint.
About TBCASoft, Inc.
TBCASoft is a US-based company developing innovative blockchain
technology specifically for telecommunication carriers. Its
consortium-based blockchain platform enables telecommunication carriers
to create innovative services to their subscribers under a more secured,
robust, and efficient environment. TBCASoft is located in Sunnyvale,
California, the center of Silicon Valley. To learn more, please visit
TBCASoft at www.tbcasoft.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170223006830/en/
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