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Samsung SDS, Syniverse collaborate for blockchain mobile payments

mobile payments mobile wallet
Yesterday, Samsung SDS and telecommunications service provider Syniverse announced a partnership to develop a blockchain-based mobile payments platform. The blockchain platform aims to enable seamless transactions between mobile operators and enterprises in the logistics, financial, travel and hospitality, media and entertainment, and retail markets. Major private equity firm Carlyle Group owns Syniverse, which says it processes $35 billion in mobile transactions a year and connects to 7 billion devices.

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