ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

SoftBank To Develop Blockchain-Powered Payment System




Users of the new blockchain platform will not have to change their money at a bank when traveling internationally.

Japan-based tech company SoftBank announced the development of a new blockchain-powered cross-carrier mobile payment service in a press release published on the company's website on September 12.

The new payment service proof of concept was reportedly developed in collaboration with Synchronoss Technologies and TBCASoft. Synchronoss is the creator of a multi-channel communications platform covering SMS, email, and RCS.

TBCASoft, an innovator of cross-carrier blockchain platform technology, has reportedly been working with SoftBank to develop the Cross-Carrier Payment Service that is intended to facilitate payments from anywhere in the world and work with any service provider.

The new blockchain platform is intended to give users the ability to make purchases in foreign countries without the hassle of going to the bank and exchanging their money. For example, a user of the platform who lives in America and travels to India will reportedly be able to make a purchase in rupees via the RCS global messaging service that is supported by SoftBank and Synchronoss.

Takeshi Fukuizumi, the vice president of SoftBank, commented on the announcement:

"We foresee our new mobile payment service empowering merchants to operate digitally, and at a scale that was previously only available to big brands, but it will also give our customers more flexibility when it comes to their purchasing and traveling habits."

This is not the first time SoftBank and TBCASoft have collaborated to bring blockchain technology to the telecommunications industry. In February 2017, ETHNews reported that the two companies had partnered with Sprint to connect TBCASoft's blockchain platform with Sprint's systems.

Nathan Graham

Nathan Graham lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest SoftBank, TBCASoft or other Ethereum business and finance news.