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.

Ling Wu, Founder & CEO, TBCASoft, Inc.

Business Challenge

Six to seven billion people around the globe have access to mobile phones, but 1.5 billion of them have no bank account. TBCASoft wants to bring banking to them, through their mobile phones.

Transformation

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.

 

 

 

Solution Components

  • Blockchain