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General

Telefonica, IBM launch joint blockchain initiative

Wednesday 14 November 2018 | 10:20 CET | News
Telefonica and IBM announced a joint initiative to implement blockchain technology with a view to streamlining core business processes. The aim is to use blockchain to address complex challenges in services delivered by Telefonica that register data and information from different sources. By applying the technology to end-to-end telecommunications processes, a new form of command and consent can be introduced into the flow of information that brings significant gains in efficiency and trust, said the operator.

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Categories: General
Companies: Telefonica
Countries: Spain / World
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