HISTORICAL TIMELINE

The presentation identified SoftBank’s investment in industry-leading companies to achieve its ‘Beyond Carrier / Beyond Japan’ strategy.  TBCASoft’s HIVEX mobile payment technology can help SoftBank create a super app that provides its users with valuable cross-border fintech services.  The SoftBank investment in TBCASoft does not prevent other mobile payment service providers or e-wallets from benefiting from joining the HIVEX network, in fact the opposite is true. The value derived from the HIVEX network increases as membership grows.

The CBSG Consortium announced that Taiwan-based Asia Pacific Telecom Co., Ltd. (“APTG”) and a US-based carrier jointly completed Proof-of-Business (POB) mobile payment transactions enabled by the Cross-Carrier Payment System (CCPS) platform, a cross-carrier blockchain payment network developed by TBCASoft. In the December 2019 POB, mobile subscribers from the US carrier visiting Taiwan used their mobile payment app to complete purchases at a participating merchant while on APTG’s payment network called Gt Pay, which is connected to the CCPS network. CCPS enables the transactions to be conveniently billed and paid through direct carrier billing in the purchaser’s home-currency.

TBCASoft, IBM and SoftBank Corp. announced that they are entering into a strategic collaboration to support the transformation of the telecommunications industry that is intended to use cross-carrier blockchain technology designed to enable new synergies throughout the industry, provide new services to Carriers and their subscribers, and foster innovative business models.