A telecom carrier consortium for blockchain announced it doubled its membership from six to 12 and is working on global remittances.  

The newest members of the Carrier Blockchain Study Group (CBSG) are Axiata, PLDT, Telin, Turkcell, Viettel and Zain. The CBSG was formed in September of last year with backing from SoftBank and U.S. blockchain specialist TBCASoft. Etisalat, Far EasTone, KT, LG Uplus, SoftBank and Sprint had previously joined CBSG.  

CBSG's mission is to provide telecom members and their customers various services such as secured global digital payments, clearing and settlement, personal authentication, internet of things applications and other services using blockchain technology.