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SOFTBANK succeeded in PoC (proof of concept) of mobile payment using block chains

We announced that SOFTBANK succeeded in Proof of Concept (proof of concept) of mobile payment service utilizing block chains.

The service is said to be joint development of US company Synchronoss Technologies (Shinkonos) with TBCASoft.

Synchronos is a global leader in IoT and messaging services, has developed a multichannel communication platform with SMS and RCS functions and commercializes it in Japan.

What is RCS (Rich Communication Service)? RCS is a message service standard that succeeds SMS and MMS. You can send and receive sentences, pictures, videos, etc. to mobile phone numbers with services provided by telecommunications carriers. Domestically, au · docomo · Softbank offers RCS application “+ message”.

TBCASoft is a company developing a cross-carrier payment platform (Cross Carrier Payment Service) using block chains in cooperation with communication carriers.

In this PoC, it is said that using RCS and block chains, we successfully settled in stores using mobile terminals.

This means that even if the user is traveling to the United States, for example, he can pay US dollars easily as if sending mail.

In addition, the API of CCPS has high versatility, and even if the receiving side uses SMS or e-mail instead of RCS, it is said that P2P can be remitted by passing through the RCS wallet application.

Softbank et al. Are planning to show off the results of this time PoC at “Mobile World Congress America” ​​to be held from 12 to 14 September 2018.

Article Source: SOFTBANK, SYNCHRONOS and TBCASoft jointly implement PoC of mobile payment service using RCS and block chains

Author: NT 【Coin Desk News】 – Source Post: https://crypto-times.jp/softbank-synchronoss/

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