Far EasTone Telecommunication Accelerates Blockchain's Development, Invests in TBCASoft and Completes Active Payment Measurement with SoftBank

        Far EasTone Telecommunication joined CBSG International Telecom Blockchain Technology Alliance in September 2017 and invested in TBCASoft, a cross-telecom company, to accelerate product and service development. TBCASoft also announced on February 22 that the funds had been fully funded and introduced two basic applications, the Cross Telecommunication Identification System (CCIS) and the Cross Telecommunication Payment System (CCPS). In addition, Far EasTone Telecommunication also completed a practical application test with SoftBank in January of this year for transnational payment of mobile wallets. In the future, users of both sides will be able to use mobile wallets online to provide a faster payment experience while traveling in Taiwan and Japan.

        Far EasTone Telecommunication and SoftBank of Japan have completed the test of transnational and transnational mobile payment service through CCPS (Cross-Carrier Payment System) of TBCASoft's cross-telecommunication Blockchain platform. The practical application mode is that when Japanese SoftBank users go to Taiwan, they can use their own mobile wallet through Far EasTone Telecommunication network and use their own mobile wallet in the applicable channel. Purchase of goods, this payment test can use telecommunications bills to pay fees, avoid credit card overseas transaction fees; or through online payment, CCPS and popular online payment link, so that consumers pay more easily. Similarly, Far EasTone Telecommunication users can use mobile wallets to pay for their consumption in Japan through the SoftBank network. CCPS provides a fast and convenient mechanism in cross-telecom services, which can provide users with a good payment experience.

        Far EasTone Telecommunication Chee Ching Presidentidents said: "Far EasTone Telecommunication actively invests in new technology development and innovative applications, invests in Blockchain TBCASoft, and the CBSG International Telecommunication Blockchain Technology Alliance, which was established with partners, has become the top five blockchain alliances in the world. Far EasTone Telecommunication will continue to work with TBCASoft and its partners to accelerate the development of proprietary Blockchain technology and products in the telecommunications industry and create a correct, secure and more convenient and fast platform for transaction and data exchange in the virtual world. 。 "

        The Carrier Blockchain Research Group of CBSG International Telecom is the world's leading telecommunications blockchain alliance. Established in September 2017, it aims to jointly develop an innovative Blockchain platform designed for telecommunications operators, led by TBCASoft, an American Blockchain technology company, and SoftBank, Japan. Sprint of the United States and Far EasTone Telecommunication of Taiwan were the original founding members. CBSG aims to provide various services for Telecom members and their customers through Blockchain technology, such as secure global digital payment, transaction clearing, authentication, Internet of things (IoT) applications and other services.