Share this article

Sprint to Test Blockchain Platform for Connecting Telecoms

US telecom Sprint is working on a new blockchain initiative focused on carrier applications.

Updated Sep 11, 2021, 1:07 p.m. Published Feb 24, 2017, 5:50 p.m.
Sprint

US telecom Sprint is working on a new blockchain initiative focused on carrier applications.

The firm is partnering with SoftBank, a Japanese telecom conglomerate, and TBCASoft, Inc., a blockchain startup based in California. Sprint is the fourth-largest telecom provider in the US, according to data from Statista, after Verizon, AT&T and T-Mobile.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

For now, it appears the partnership is still in its early stages, as the three companies said today that joint trials won’t begin until June, leveraging a platform developed by TBCASoft to connect the telecom’s systems together.

Sprint confirmed the partnership when reached, with a representative telling CoinDesk:

“We entered this partnership with SoftBank and TBCASoft as part of our mutual interest to understand the full potential of blockchain to improve carrier-to-carrier interactions and, ultimately, end-user enhancements to further simplify transactions for customers.”
Advertisement

Sprint is by no means alone in its work on blockchain among the world’s telecoms.

A number of firms in the space have sought to obtain patents related to the tech in the past two years, including AT&T, British Telecommunications PLC and Verizon.

Like Sprint, some telecoms have sought collaborative efforts around blockchain. Swisscom AG, which is state-owned, became a member of the Linux Foundation-led Hyperledger blockchain project in December, and UAE-based Du joined Dubai’s Global Blockchain Council last year as well.

Others, including France-based Orange, have moved to invest in the space directly.

Image Credit: Ken Wolter / Shutterstock.com

More For You

This article is created to test tags being added to image overlays

Consensus 2025: Zak Folkman, Eric Trump

Dek: This article is created to test tags being added to image overlays

What to know:

  • Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.