Telecoms Blockchain Group Promotes Demo Success

Multinational telecoms companies have joined the Carrier Blockchain Study Group (CBSG) to apply blockchain technology to the industry
23 February 2018   274

According to the Japan SoftBank’ announcement, the study group will join new members United Arab Emirates' telecom Etisalat, Spain's Telefonica and Philippine's PLDT. Also, two companies from South Korea, KT Corporation and LG Uplus, a subsidiary of LG will join the group too.

The Carrier Blockchain Study Group was established last year in September in order to research and develop an international cross-carrier blockchain platform. 

By establishing blockchain between carriers, we can provide differentiated services by securing transparency, security and real-time transactions.

Wonseok Cho

Vice president of LG Uplus

According to the release, the group of companies promotes its recent success in demonstrating a cross-carrier blockchain payment system to initiate phone bill top-ups, as well as mobile wallet roaming and remittances.

In future, CBSG plans to trial a blockchain platform to power mobile wallet roaming among Japanese and Taiwanese travelers in 2018.

Qvolta is launching its platform

Qvolta announced its platform release date of April 2 that will feature a full-fledged version of a web platform
24 March 2018   40

Qvolta platform has set its release date to April 2. The release is in accordance with the roadmap of the platform and will include a fully functional version of the web platform. The developers team is currently performing various tests and making final amendments to ensure the proper functionality. This desktop client is in alpha stage. A mobile app for secure authorizations is out and it is the native solution for security without intermediaries.

Qvolta is a P2P exchange platform solution that focuses on the capability of trading Bitcoin and Ethereum for fiat currencies and vice versa. And such functionality is provided through local payment methods. Since centralized exchanges become the target of serious scrutiny of regulators, cryptocurrency platforms that allow trading P2P or in fully decentralized fashion are getting more necessary.

As of the moment of the publication, the market parameters of Qvolta are as follows:

Average price: $0.390836

Market cap: $2,712,466

Volume (24h): $6,171