The US telecommunications giant AT & T has announced the creation of a suite of blockchain solutions designed to work with IBM and Microsoft technology, according to the press release of AT & T on September 26th.
AT & T's blockchain solutions, which work with IBM Blockchain Platform for data recording and Microsoft Azure blockchain technology, aim to "bring more transparency and accountability to even the most complex supply chains" for their corporate customers.
The blockchain-based suite of the telecommunications company plans to develop the digitalization of business processes of corporate customers, noting that industries, including manufacturing, retail and health care, can use the solutions.
Andy Daudelin, vice president of AT & T, said in the press release that blockchain technology is "transforming the way many companies conduct business", adding:
"Blockchain improves security and allows better transaction management through complex processes."
Back in August, Microsoft's cloud platform, Azure, announced a new proof-of-authority (PoA) Ethereum (ETH) algorithm that allowed for a "more efficient" way to create decentralized applications (DApp).
Also in August, IBM, together with the Danish logistics and transport giant Maersk, successfully launched a blockchain solution involving 94 organizations and 154 million shipping events, Cointelegraph reported.