AT&T announced earlier this week the launch of its blockchain solution suite. According to the telecommunication giant, The suite was designed to work with technology both IBM and Microsoft. Through the suite, enterprise customers may automate and digitalize their business processes using blockchain technologies. AT&T claims that customers will also have better resources to track and manage information across multiple parties.
AT&T’s suite of blockchain solutions can be used across vertical industries such as:
- Manufacturing: Tracks origins and movement of goods through factories and the quality from creation, to delivery, to the consumer.
- Retail: Ensures products’ authenticity by tracking them from order delivery, reducing waste and excess stock.
- Healthcare: Helps maintain and allows highly-secure sharing of directories of up-to-date patient records.
Speaking about the suite, Andy Daudelin, Vice President of Alliances Business Development at AT&T Business, added:
“Blockchain improves security and enables better management of transactions through complex processes. Utilizing our global network and IoT capabilities, AT&T enhances blockchain by providing edge-to-edge solutions that automate the tracking and that can even monitor the environmental conditions throughout the process.”