U.S. media communications giant AT&T has declared the formation of a suite of blockchain solution intended to work with tech from IBM and Microsoft, as per AT&T’s September 26 public statement.
AT&T’s blockchain solution — which will work with the IBM Blockchain Platform for information recording and Microsoft Azure’s blockchain innovation — plan to “bring additional transparency and accountability to even the most complex supply chains” for its enterprise clients.
The telecoms company’s blockchain-based suite intends to build up the digitalization of big business clients’ business forms, noting that industries including manufacturing, retail, and health insurance can use the solutions.
Andy Daudelin, VP at AT&T, said in the public statement that blockchain innovation is “transforming the way many companies conduct business,” including:
“Blockchain improves security and enables better management of transactions through complex processes.”
Back in August, Microsoft’s Azure had declared another Ethereum (ETH) proof of authority (PoA) calculation that would consider a more productive method for building decentralized applications (DApps).
Likewise in August, IBM, together with Danish Maersk, had effectively launched a blockchain solution including 94 associations and 154 million shipping occasions, Cointelegraph detailed.