TBCASoft is the industry leader in building Cross-Carrier Blockchain Networks that are deployed for the global telecommunications industry. Our blockchain networks are designed to transform the telecom industry by enabling new use-cases that provide valuable services to global mobile subscribers.
January 2021, Taipei
New 'HIVEX Finance' Layer Expands Participation to Financial Institutions
Ling Wu Co-Chairman of the CBSG Consortium and CEO & Founder of TBCASoft was invited to speak at the 4th HIT AI & Blockchain Summit. The Summit showcases thought leaders and game-changing AI or blockchain-based solutions.
TBCASoft has a new 'HIVEX Finance' layer that gives financial institutions (e.g., banks) a new way to participate in the HIVEX Network mobile payment solution. The financial institutions can now provide integrated services such as foreign currency exchange to the HIVEX Network members (e.g., mobile operators, merchants) that may not have the expertise and may want to focus on the other parts of the mobile payment process. Additionally, this option can speed-up the HIVEX launch process and simplify regulatory review for some mobile service providers.
Thought leaders also speaking at the Summit included:
Shui-Yi Kuo, Chunghwa Telecom (CHT) President
Nicole Chan, Chairperson of National Communications Commission (Taiwan NCC, August 2016 – April 2019)
Hung-An Kao, Member of Legislative Yuan (Taiwan Legislator / Congressman)
January 2021, Taipei
PChome InterPay and TBCASoft jointly announced the participation of Pi Plus in the HIVEX™ payment platform. HIVEX, an open mobile payment platform developed by TBCASoft enables transactions among different mobile payment service providers, creating a ubiquitous merchant acceptance experience for mobile payment users around the world under the HIVEX brand. Pi Plus is a digital payment service developed by PChome InterPay, a mobile payment arm of leading Taiwan fintech company Pi Mobile Technology. By joining the HIVEX payment platform, Pi Plus users will be able to complete mobile payment transactions using Pi Plus in Japan at up to 2.5 million merchant stores showing the HIVEX acceptance mark. The HIVEX payment platform is currently service ready and anticipating the reopening of international travel and regulatory approval.
December 2020, Latin America
Telcos and Mobile Finance, an Opportunity Too Big to Miss
Ling Wu, Co-Chairman of the CBSG Consortium and CEO & Founder of TBCASoft was invited to participate in the GSMA Thrive Latin America conference. Mobile operators know they need to take part in mobile finance but can be deterred by high entry barriers. HIVEX can solve this and is now Service Ready for any mobile service provider to successfully transform into a trusted mobile finance solutions provider.
August 2020, Sunnyvale and New York
TBCASoft’s latest blog is published on IBM’s Client Success website.
Ling Wu, Co-Chairman of the CBSG Consortium and CEO & Founder of TBCASoft shares his point of view on a global transformation and a global game-changing opportunity for mobile service operators.
Mobile/contactless payments are displacing card transactions (further accelerated by COVID). Subsequently, the metric of being banked or unbanked will also be displaced. The superseding metric will be mobile penetration, because the next meaningful gains in financial inclusion and services will come through mobile phones.
Carriers can be ideally positioned to have a greater share of wallet, especially the mobile wallet by joining the CBSG Consortium and becoming part of the HIVEX Network. See the blog for details.
Carrier Blockchain Study Group Consortium
The CBSG Consortium is the leading telecom blockchain consortium. It was launched in September 2017 to enable the joint development of innovative blockchain platforms designed specifically for telecom carriers. It is led by U.S.-based blockchain technology company TBCASoft, and Japan-based SoftBank Corp., with U.S.-based Sprint Corporation, and Taiwan-based Far EasTone Telecommunications Co. as initial founding members. CBSG aims to provide telecom members and their customers with innovative services such as secure mobile transactions, optimized transaction records and clearing, ID and authentication, IoT applications and other services using TBCASoft's Cross-Carrier Blockchain Network.
Cross-Carrier Payment System (CCPS)
Designed and developed by TBCASoft, CCPS is the first application to be launched by the CBSG Consortium. CCPS provides interoperability across different OTT payment networks, making established networks of merchants instantly available to telecom carrier subscribers. In other words, traveling mobile subscribers can use their home mobile payment app with foreign CCPS merchants while abroad. CCPS also helps optimize transaction clearing between carriers.
Globally Identifiable Credentials
TBCASoft's Cross-Carrier Identification System (CCIS) authenticates users without having to reveal personally identifiable information in the blockchain.
TBCASoft does NOT offer/sell any investment packages publicly.