Turkcell participates in the Global Blockchain Consortium – Istanbul

The blockchain consortium of telecommunications operators Carrier Blockchain Study Group (CBSG); In addition to Turkcell, Axiata Group Berhad (Axiata), which serves the countries of Southeast Asia and South Asia, PLDT Inc., serving in the Philippines, PT Telekomunikasi Indonesia International (Telin), which In Indonesia, Viettel Group and its head office in Kuwait decided to work together to explore ways to build a blockchain platform and ecosystem of next-generation global operators.

CBSG, a US-based blockchain technology company, TBCASoft, Inc. and SoftBank Corp. based in Japan. was founded in September 2017 to lead the joint development of an innovative Blockchain platform specifically designed for telecom operators with US-based Sprint Corporation and Far Easone Telecommunications Co., Ltd. (FarEasTone) as the first founding members. The other members of the consortium are LG Uplus Corp., KT Corporation and Etisalat Telecommunication Corporation based in the United Arab Emirates. CBSG aims to provide digital payment, clearing and settlement systems, IOT applications and other services using Blockchain technology to telecom operators and their customers. will be created. Blockchain technology, which is well suited for such transactions, facilitates processes so that customers can be better served. Offered by the CBSG Consortium, specifically designed for telecom operators, this Blockchain platform and solutions will help operators build services beyond traditional markets and move these services beyond their borders.

"Blockchain technology will help you develop new services."

Valuable digital assets can be accessed from mobile networks Turkcell Managing Director Kaan Terzioğlu pointed out that blockchain technology will accelerate the growth of the digital economy and allow the emergence of new services. new generation. "As telecommunication companies, we have to look far beyond the development and extension of our existing infrastructure." We can better provide operators with the "Blockchain" ecosystem as a service. , and we must use this advantage in the best possible way, so we look forward to sharing our experience with the next-generation Blockchain inter-operator CSBG platform, and I believe that being part of CSBG will help us improve services we offer on our digital platforms and to maximize the customer experience. "