TBCASoft operates a cross-carrier blockchain network that facilitates mobile payments and identity verification across different service providers, enhancing transaction efficiency and user experience. The platform addresses the lack of interoperability in mobile payment systems, enabling seamless transactions for over 1.3 billion subscribers globally.
Funding
$25M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing mobile payment systems lack interoperability, creating friction for users who want to transact across different service providers and geographies. This fragmentation limits the reach and convenience of mobile payments, hindering adoption and creating a disjointed user experience.
Solution
TBCASoft provides a cross-carrier blockchain network, HIVEX, that enables seamless mobile payments and identity verification across different service providers. The platform facilitates transactions between mobile payment providers, creating a ubiquitous merchant acceptance experience for mobile users globally. By leveraging blockchain technology, TBCASoft aims to create a global value transfer network that improves user experience and enables new business models in mobile payment, fintech, IoT, and 5G applications. The CBSG Consortium, spearheaded by TBCASoft, has grown to include 19 carrier members representing over 1.3 billion subscribers worldwide.
Target Audience
The primary target audience includes mobile network operators, mobile payment service providers, and financial institutions seeking to enhance transaction efficiency and user experience in mobile payments.
Features
- HIVEX: An open mobile payment platform enabling transactions among different mobile payment service providers.
- Cross-carrier blockchain network facilitating mobile payments and identity verification.
- CBSG Consortium: A telecom blockchain consortium creating a global value transfer network.
- Support for mobile payment, fintech, IoT, and 5G applications.
- Aims to provide a ubiquitous merchant acceptance experience for mobile users.