Telecom Giants Successfully Streamline Financial Settlement Using Clear’s Blockchain Solution

Blockchain, News | July 13, 2020 By:

Major telecommunications companies – Deutsche Telekom, Telefónica and Vodafone – have successfully automated the reconciliation of roaming discount agreements using a solution developed by blockchain-based settlement company Clear.

The first automated settlement trial, which encompassed a settlement for roaming data from the three providers for 2019,


Spanish Telecom Giant Telefónica To Apply IBM’s Blockchain To Streamline Business Processes

Blockchain, News | November 15, 2018 By:

Spanish multinational telecommunications giant Telefónica is planning to implement blockchain technology to streamline core business processes.

Headquartered in Madrid, Telefónica is the second largest corporation in Spain, behind the Santander Group. It owns Telefónica de España, which is the largest fixed phone and ADSL operator in Spain,


Blockchain Network Launched By South Korean Telecom Firm KT

Announcements, Blockchain, News | July 24, 2018 By:

KT Corporation, South Korea’s largest telephone company, has launched a new blockchain-based commercial network that claims to guarantee both processing speed and trust.

Called KT Network Blockchain, the company claims the network currently handles 2,500 transactions per second (TPS) with an aim of 10,000 TPS by the end of the year and 100,000 TPS by the end of 2019.