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AT&T has announced a suite of blockchain solutions to provide security, transparency, and accountability for enterprise customers.
U.S. telecommunications giant AT&T has announced the creation of a suite of blockchain solutions designed to work with tech from IBM and Microsoft, according to AT&Tâs September 26 press release.
AT&Tâs blockchain solutions â which will work with the IBM Blockchain Platform for data recording and Microsoft Azureâs blockchain technology â aim to âbring additional transparency and accountability to even the most complex supply chainsâ for its enterprise customers.
The telecoms companyâs blockchain-based suite plans to develop the digitalization of enterprise customersâ business processes, noting that industries including manufacturing, retail, and healthcare can utilize the solutions.
Andy Daudelin, vice president at AT&T, said in the press release that blockchain technology is âtransforming the way many companies conduct business,â adding:
âBlockchain improves security and enables better management of transactions through complex processes.â
Back in August, Microsoftâs cloud platform Azure had announced a new Ethereum (ETH) proof-of-authority (PoA) algorithm that would allow for a âmore efficientâ way of building decentralized applications (DApps).
Also in August, IBM, together with Danish transport and logistics giant Maersk, had successfully launched a blockchain solution involving 94 organizations and 154 million shipping events, Cointelegraph reported.
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