Tech giant AT&T has announced the development of several different blockchain-powered enterprise solutions that utilize IBM Blockchain Platform and Microsoft Azure.
In an effort to improve the efficiency of supply chains and help enterprises reduce their costs, alleviate risks, and “simplify business processes,” AT&T is rolling out several different blockchain-powered enterprise solutions that utilize technology from IBM and Microsoft.
According to a recent announcement on AT&T’s website, its team can leverage two solutions for enterprise customers. The first is IBM Blockchain Platform for uses cases such as “supply chain, provenance, and logistics.” The second is Microsoft Azure, the open cloud platform that’s compatible with various distributed ledgers, including Ethereum, Corda, and Hyperledger Fabric. AT&T believes integrating with the latter will help it “bring additional transparency and accountability” to large and complex supply chains.
AT&T boasts that its new suite of solutions can be used to track the quality and movement of goods, ensure products’ authenticity, and improve the security of healthcare data.
“Blockchain is far more than just Bitcoin or cryptocurrency,” said Andy Daudelin, vice president, Alliances Business Development, AT&T Business. “It’s transforming the way many companies conduct business.”
According to the announcement, all these solutions are currently available for businesses to use.
AT&T, IBM, and Microsoft have all been vying to take the lead in the blockchain industry, and all three companies have made great strides in providing use cases for the nascent technology. In August 2017, Microsoft announced its Confidential Consortium Framework, which is intended, in part, to speed up blockchain systems and make them more secure. In March of this year, ETHNews reported that AT&T had collaborated with Sprint, T-Mobile, and Verizon to develop blockchain-powered solutions for the security of mobile accounts. And last month, IBM announced it intended to allow human rights/tech company Hu-manity.co to use its blockchain platform for a “ledger to help individuals claim property rights to their personal data.”