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.
February 18, 2020 Sunnyvale & Taipei
POB transactions between Asia Pacific Telecom and US carrier validates CCPS-enabled live retail purchases
The Carrier Blockchain Study Group (“CBSG”), the global blockchain consortium of telecom carriers and US-based TBCASoft (“TBCASoft”), today announced that Taiwan-based Asia Pacific Telecom Co., Ltd. (“APTG”) and a US-based carrier jointly completed Proof-of-Business (POB) mobile payment transactions enabled by the Cross-Carrier Payment System (CCPS) platform, a cross-carrier blockchain payment network developed by TBCASoft. The CCPS network aims to create the largest open payment network enabling cross-border transactions and interoperability for mobile payment solutions globally.
In the December 2019 POB, mobile subscribers from the US carrier visiting Taiwan used their mobile payment app to complete purchases at a participating merchant while on APTG’s payment network called Gt Pay, which is connected to the CCPS network. CCPS enables the transactions to be conveniently billed and paid through direct carrier billing in the purchaser’s home-currency. ...
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.
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