US telecom Sprint is working on a new blockchain initiative focused on carrier applications.
The firm is partnering with SoftBank, a Japanese telecom conglomerate, and TBCASoft, Inc., a blockchain startup based in California. Sprint is the fourth-largest telecom provider in the US, according to data from Statista, after Verizon, AT&T and T-Mobile.
For now, it appears the partnership is still in its early stages, as the three companies said today that joint trials wonât begin until June, leveraging a platform developed by TBCASoft to connected the telecomâs systems together.
Sprint is by no means alone in its work on blockchain among the worldâs telecoms.
A number of firms in the space have sought to obtain patents related to the tech in the past two years, including AT&T, British Telecommunications PLC and Verizon.
Like Sprint, some telecoms have sought collaborative efforts around blockchain. Swisscom AG, which is state-owned, became a member of the Linux Foundation-led Hyperledger blockchain project in December, and UAE-based Du joined Dubaiâs Global Blockchain Council last year as well.
Others, including France-based Orange, have moved to invest in the space directly.