NINE major telecommunications companies across the world, including Philippine-based PLDT Inc., have formed a consortium to collaborate on developing a global cross-carrier blockchain platform and ecosystem.

The consortium, dubbed as the Carrier Blockchain Study Group (CBSG), is led by Japan’s SoftBank Corp., US-based blockchain technology company TBCASoft, Inc., US-based Sprint Corporation and Taiwan-based Far EasTone Telecommunications Co., Ltd.

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