CBSG Consortium is Reshaping Mobile Payments with Cross-Carrier Blockchain Platform
(World News Science)

Leading telecom carriers and payment solution providers from the CBSG Consortium participated in a CBSG workshop, a two day executive working session, to conclude the commercial use-cases for mobile transactions using TBCASoft`s Cross-Carrier Payment System (CCPS) Platform. Carriers are among the best globally distributed parties that can fully harness the benefits of blockchain technology and transform digital services. Compared to legacy mobile payment networks, the Cross-Carrier Blockchain-based network provides faster and more efficient transaction records clearing that removes the reconciliation bottleneck. This approach has a fundamental advantage over existing payment networks. Ling...