TBCASoft creates a new paradigm of trust across telco and financial services markets

Globally, 1.5 million people have no access to a bank account, but most have access to a mobile phone. TBCASoft is changing this paradigm by helping launch a cross-carrier blockchain network that allows anyone who has a mobile phone to conduct financial transactions on their mobile device. The Carrier Blockchain Study Group Consortium (CBSG), uses TBCASoft’s technology and solutions, the IBM Blockchain Platform and blockchain experience, and SoftBank’s telecommunications expertise to create a platform that allows telecommunications carriers to use blockchain technology to support new financial services for their customers.

“Bank or unbank is a category that the financial industry uses to categorize people, but in the telecommunication world, there’s no bank or unbank. There’s only mobilized or non-mobilized. So, it’s a brand new paradigm serving everyone equally,” explains Ling Wu, Founder & CEO, TBCASoft, Inc..

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