TOMIA, a provider of connectivity solutions, has announced a new optimized blockchain based solution to the telecom market. This solution will extend TOMIA’s solutions for the inter-carrier market to include blockchain-based settlements across the interconnect and roaming ecosystems.
“We are privileged to work with Microsoft, the leading enabler of digital transformation. This is a testament to the unmatched value of our technology innovation, as well as to our strong record of 25 years in delivering premier services, consistently meeting performance targets, and our market-leading expertise in roaming and interconnect.”
– Marco Limena, CEO of TOMIA
To provide a fully comprehensive solution, TOMIA is joining forces with leading blockchain platforms and experts including Microsoft and its Azure Blockchain Service, KPMG and R3. The new platform will be built on R3’s Corda.
“Microsoft Azure and Azure Blockchain Service helps TOMIA deliver solutions that allow communication service providers to focus more on their customers’ experience and less on managing servers and daily operations. The Blockchain Settlement solution addresses a variety of issues related to the telecommunication industry and allows CSPs to take advantage of the flexibility and enterprise-grade reliability that Azure provides.”
– Marc Mercuri, Principal Program Manager, Blockchain Engineering at Microsoft
The new solution from TOMIA will change the way settlement and dispute management is handled in both the interconnect and roaming worlds.
“As the telecoms market becomes increasingly digitized, there is a significant opportunity to improve the efficiency of settlement and dispute management processes, saving time and costs. We think the Corda blockchain, with its focus on security, scalability, and performance for enterprise use, provides the ideal technology platform for developing new solutions. We’re excited to be engaging with some of the industry’s most experienced and accomplished names, TOMIA, KPMG, and Microsoft, to work on this project.”
– David E. Rutter, CEO of R3