telecom

South Korea Telecoms Giant Ramps Up Blockchain Roaming Deal With China

South Korea’s largest telecoms provider, KT Corporation, is boosting a partnership with China Mobile targeting blockchain technology and 5G roaming. As local English-language news outlet The Korea Herald reported on Dec. 5, KT is preparing to debut 5G roaming capabilities in China later this month.  KT Corp. eyes B.Link blockchain rollout At the same time, …

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Researchers unearth malware that siphoned SMS texts out of telco’s network

Enlarge Eric Rice Nation-sponsored hackers have a new tool to drain telecom providers of huge amounts of SMS messages at scale, researchers said. Dubbed “Messagetap” by researchers from the Mandiant division of security firm FireEye, the recently discovered malware infects Linux servers that route SMS messages through a telecom’s network. Once in place, Messagetap monitors …

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Telecoms Giant Verizon Seeks Talent for Blockchain-Related Positions

A search for “blockchain” on the career page for telecoms giant Verizon reveals that the company is actively looking to hire new recruits for blockchain-related jobs, including five blockchain developers. The Block highlighted the vacancies in a report on July 24. Verizon is apparently interested in creating a distributed network, as per the report. Additionally, …

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Blockchain in the Telecoms Industry: Revolutionizing Cell Phone Usage?

“[X-Number of] Industries Blockchain Will Disrupt” — How often do you come across articles with a headline like this? Every time, we discover new ways to implement the tech and, while being filled with inspiration, look around to see no practical change. Speaking about blockchain in use, we should therefore consider its potential rather than …

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KPGM to Work With Microsoft, Tomia and R3 on Blockchain Telecom Solutions

Business advisory firm KPGM has partnered with tech companies Tomia, Microsoft and R3 to create a blockchain-based settlements solution for the telecom industry, in anticipation of 5G network services. KPMG announced the partnership and product plans in an official blog post on July 16. As per the report, the planned blockchain solution intends to make …

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Global Accounting Firm KPMG Partners with Microsoft, R3 on Telecoms Blockchain

KPMG, a multinational accounting firm, is partnering with software firms TOMIA, Microsoft, and R3 to develop a blockchain for telecom settlements. One of the “big four” accounting firms, KPMG has pursued industry-specific blockchain pilots in the past, always with an eye to settling cross-border, or network, complexities. The latest partnership, with two distributed ledger (DLT) …

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Verizon avoided a decade’s worth of taxes—a new law could make it pay up

Enlarge / A Verizon logo at GSMA Mobile World Congress 2019 on February 26, 2019 in Barcelona, Spain. Getty Images | David Ramos Verizon has avoided paying local taxes on telecom equipment in many New Jersey municipalities over the past decade, but a proposed state law would force the company to pay back taxes for …

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Telecom Giant AT&T Now Accepts Bitcoin Payments

<header class=”article__header”> </header> <strong>On May 23, telecom giant AT&T announced that customers can now pay their bills through Bitpay. The firm has become the first major U.S. mobile and landline carrier to accept <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> for payments.</strong> Also Read: US Copyright Office Responds to …

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US Blockchain Investor Terpin Awarded Over $75 Million in SIM Swapping Case

United States blockchain and crypto investor Michael Terpin has won $75.8 million in a civil case against 21-year-old Nicholas Truglia, who reportedly defrauded him of crypto assets. Reuters reported the news on May 10. Per the report, the California Superior Court last week ordered Manhattan resident Truglia to pay the amount above in compensatory and …

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Telecoms Giant NTT’s Thai Unit Plans to Launch Blockchain, AI, IOT Innovation Lab

Telecoms giant NTT Corporation’s Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology. Thai English-language newspaper the Bangkok Post reported on the development on April 23. NTT Communications (NTT Com) Thailand is the local operating unit of NTT Com Group, a subsidiary of Nippon Telegraph …

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