Q&A: New blockchain proof of concept to show future of payments

A new ‘Proof of Concept’ study has been conducted between Manx Telecom and Minima, which manages access to mobile services via a decentralised blockchain, with sale and acceptance of tokens. the use of the tokens provides proof that the user is eligible to access the desired services. Telcos have shown it is possible to sell tokens that represent 100 SMS messages, or 1GB of Internet data and accept payment back in tokens. By using a permissionless blockchain , this allows decentralised payment a…

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