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Tomia announces blockchain telecoms settlement platform

telecoms
Tomia, the technology company formed from the February merger of Starhome Mach and Telarix, is introducing a blockchain platform for telecoms settlements. The company boasts many of the world’s largest telecoms companies as clients such as AT&T, Deutsche Telekom, 02, Orange, SoftBank, Sprint, Telefonica and Vodafone. The new blockchain platform is targeting both interconnect and roaming and aims to transform settlement and dispute management. There are already several blockchain initiatives in the space. The Carrier Blockchain Study Group is one of the biggest consortia and includes at least five Tomia clients, Etisalat, MTN, PLDT, SoftBank and Sprint. Another of Tomia’s clients, Orange, is working with IBM on a roaming solution with Tomia competitor Syniverse. Outside of settlements, Deutsche Telekom and SK Telecom are working together for an identity solution.

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