Blockchain billing pilot project with Orange Group and MTS proves a success, say Syniverse and IBM

IBM blockchain

Syniverse and IBM have joined forces with the goal of advancing mobile roaming solutions with a pilot program that uses open-source blockchain technology. The solution is designed to instantly validate new wholesale billing and charging processes for clearing and settlement services. The Syniverse and IBM pilot is designed to enable “smart contracts” to be coordinated and executed between mobile operators. The smart-contracts capability of blockchain technology helps determine the rules and processes governing each transaction between parties. This capability will help improve customer efficiencies and reduce the friction of doing…

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