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Telecom Giant Taiwan Mobile in Talks for Crypto Platform Investment

June 13, 2023

Telecommunications giant Taiwan Mobile is in talks with local crypto platforms about potential partnerships and even investment in one of the businesses. The government-licensed wireless service provider is exploring opportunities for collaboration with blockchain-enabled financial institutions, including Taiwan-based XREX, Bloomberg reported, citing people familiar with the matter. No decisions have been made, and a deal may…
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Ericsson: 5G Tech a Gateway to the Metaverse

October 18, 2022

Ericsson, the Swedish telecom hardware and services company, has linked the use of new technologies, such as 5G, with the use of metaverse platforms. According to a study, users that have 5G data services have been spending more time in the metaverse and extended reality apps, and believe these will migrate to headsets in the…
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Deutsche Telekom invests in mobile DeFi platform Celo

April 20, 2021

Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance. The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic…
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T-Mobile sued by victim who lost $450K in Bitcoin in SIM swap attack

February 12, 2021

The wireless carrier is accused of failing to protect its customers from SIM swappers’ lucrative heists. Telecoms provider T-Mobile has become the latest corporate name to come under fire for its alleged negligence and failure to protect customer information, which indirectly enabled a “SIM swap attack” that led to the successful theft of $450,000, or…
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Japan’s megabanks to lead experiment with digital yen

November 19, 2020

Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents’ persistent use of cash? Japan’s three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen. The group consists of banks, various Japanese brokerages, utility…
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Verizon’s newsroom to use blockchain in bid for absolute transparency

October 30, 2020

News requires an element of trust. Blockchain may be able to help. Verizon unveiled “a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability,” today according to a public statement. Called Full Transparency, the platform is meant to immutably document the company’s own news releases on a public blockchain. Verizon posted its…
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Telefónica, Deutsche Telekom and Vodafone Use Blockchain for Roaming Settlement

July 13, 2020

Spain’s Telefónica, Deutsche Telekom and U.K. provider Vodafone have finalized a trial blockchain solution for the settlement of roaming discount agreements. Three global industry leaders in telecommunications — Spain’s Telefónica, Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements. Developed by blockchain startup…
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Leading Middle East Telecoms Firm Zain Joins Hedera Governing Council

June 15, 2020

Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph. Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph. Zain provides mobile voice and data services to over 49.5 million…
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South Korean Insurance Giant to Use Blockchain Tech for Mobile Messages

June 11, 2020

South Korean insurance giant KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients. Major South Korean insurance firm KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients. According to a June 9 report by industry news outlet Ledger Insights, KB will use the system jointly…
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China Telecom: Blockchain Has Significant Use-Cases for 5G

May 9, 2020

In a recent interview, China Telecom chairman said that blockchain has high-potential use cases to enhance 5G network services. Jiang Wei, the chairman of China Telecom Blockchain and Digital Economy Joint Laboratory, explained in an interview published on Chinese news portal, Cebnet, that blockchain technology has significant use cases that could improve the 5G mobile…
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Category: Telecom