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American Telecommunication giant, AT&T enters blockchain industry; offers blockchain solutions

Anvita M V

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American Telecommunication giant, AT&T enters blockchain industry; offers blockchain solutions
Source: Unsplash

Recently, the world’s largest Telecommunications company, American Telephone & Telegraph Company [AT&T] announced that it has created a suite of blockchain solutions that can be applied across the different industry verticals. The suite is specifically architectured to work in hand with technology solutions from IBM and Microsoft.

AT&T’s announcement further stated:

“Enterprise customers can use these solutions as they automate and digitalize their business processes using blockchain technologies. Customers will have better resources to track and manage information across multiple parties.”

The company also stated that its solutions can be used across many verticals, including manufacturing, retail, and healthcare industries. The primary aim behind these solutions is to help customers resolve complex business issues, it stated. It arrived at these solutions after accessing the need for simplified business solutions with reduced risk and cost.

Additionally, the technology creates a highly secured, and shared ecosystem for parties to exchange information. AT&T stated that it will be integrating its edge-edge capabilities with the blockchain technology. AT&T’s Internet of Things [IoT] solutions will provide additional advantages like automation and critical monitoring capabilities.

Its consulting team can design, deploy and manage the IBM and the Microsoft Azure Blockchain, the multinational conglomerate stated. The solutions can be used to record data on the IBM blockchain. The company will also be integrating AT&T Asset Management Operations Center with IBM Maximo Network on the blockchain and Maximo Asset Health Insights. The integration will create a secure and accountable service provider network for infrastructure asset management.

Furthermore, the company stated that it will integrate its IoT platform with that of Microsoft’s blockchain technology with an aim to bring more transparency and accountability in the complex supply chain industry.



The announcement also stated that AT7T’s solutions have been deployed in the market from 26th September 2018.

Andy Daudelin, the Vice President, Alliances Business Development, AT&T Business said:

“Blockchain is far more than just Bitcoin or cryptocurrency. It’s transforming the way many companies conduct business. Blockchain improves security and enables better management of transactions through complex processes.”





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Anvita Mysore Vadiraj is a full-time content writer at AMBCrypto. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies.

Bitcoin

Bitcoin [BTC]: Binance’s CZ and Ryan Selkis try to predict BTC’s maximum value in the future

Akash Anand

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Bitcoin [BTC]: Binance's CZ and Ryan Selkis tries to predict BTC's maximum value in the future
Source: Pixabay

Bitcoin [BTC], the world’s largest cryptocurrency has seen a surge in popularity again after the recent price increase. This movement was also helped by comments and suggestions from proponents and luminaries in the field of digital assets.

A recent tweet had asked Twitter users interested in cryptocurrencies about the “maximum reasonable price that Bitcoin can achieve in the reasonable future”, something which gained a lot of traction after the involvement of famous personalities like Changpeng Zhao and Ryan Selkis.

CZ, the Chief Executive Officer [CEO] of Binance, the world’s largest cryptocurrency exchange, answered the question by stating:

“There is no such a thing as Max price for $btc.”

He was also asked:

“Do you mean potentially infinitely high price of BTC or that in the near future goods and services will be priced in BTC and it won’t make sense to correlate it with USD?”

CZ’s reply was to the point when he claimed that there was no such thing as maximum inflation for fiat, a statement that a lot of people agreed with.



Ryan Selkis, the Founder of Messari had another opinion to the original question. He said,

“After $250k / BTC the dollar’s reserve status will be in jeopardy, so all bets are off.”

CZ and Selkis were not the first individuals to predict such positive movement as many in the past have predicted Bitcoin to reach heights of even $1 million per Bitcoin. At the time of writing, Bitcoin was trading at $7,967.54, with a total market cap of $14.21 billion. The 24-hour trading volume of the cryptocurrency was $21.04 billion, while the currency was holding a steady 0.45 percent increase in its value over the hour.





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