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Softbank, TBCASoft’s telecom consortium working on blockchain mobile payments

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Recently, members of the Carrier Blockchain Study Group (CBSG) consortium participated in a workshop for using blockchain developer TBCASoft’s Cross-Carrier Payment System (CCPS) platform. The workshop was held to demonstrate the commercial-use case of CCPS for mobile payments. This would enable phone users to use mobile wallets while roaming with payments settled through their local phone company bill. The telecom service providers would settle up with each other using the CCPS. The mobile wallet use case is expected to launch in 2020. “Our Consortium members have a great opportunity to differentiate their solutions, such as a mobile wallet service, with a Cross-Carrier/Border capability that seamlessly expands their market,” said Daichi Nozaki, VP Global Business of SoftBank Corp, and Co-Chairman of the CBSG Consortium.

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