AT&T Announces Blockchain Solutions
AT&T has recently created a whole new suite of blockchain solutions that are designed to work with tech from IBM and Microsoft. The customers will be able to use these solutions to automatize and digitalize their business processes with the power of the blockchain.
This way, the customers will be able to manage and track their resources better, according to IBM. The company has designed this product thinking about companies like manufacturing, retail and healthcare, which more often faces problems in these areas.
AT&T’s main goal with this announcement is to solve the complex business problems of the clients while constantly reducing their costs and simplifying and streamlining the whole process. This way, they can use the blockchain to create a shared ecosystem that works across parties and exchanges the information in a very secure way.
The company is also focused on using the internet of things (IoT) technology to add automation and critical monitoring capabilities to the product. This way, the design team can offer many solutions for the clients.
AT&T’s technology can be used in the IBM Blockchain and Microsoft Azure’s tech. The platform can record data on the IBM platform and support live production networks on it. Also, it can support a broad range of industry use cases that can help companies and create secure and accountable service provider networks for the infrastructure asset management.
Microsoft's Azure supports many enterprise ledger protocols that include Ethereum, HyperLedger Fabric, Corda and other platforms. At the moment, the AT&T suite of services is mostly focused on three main industries: manufacturing (tracking origin and movements of goods), retail (authenticating products) and healthcare (maintaining a highly-secure share of directories).
AT&T offers products and services of technology and telecommunications. The company has more than 140 years of story and it is focused on many industries and segments like the blockchain technology, internet providers, mobile services and video streaming.