The system has been formed through a combination of expert advice from professional service network firm KPMG, Microsoft’s Azure Blockchain Service technology, and the Corda open source blockchain platform from R3, an enterprise blockchain technology company.
TOMIA’s platform is focusing on settlement optimisation and the “rapid change associated with the digital transformation of the telecoms market”.
Marco Limena, CEO of TOMIA, said: “We are privileged to work with Microsoft, the leading enabler of digital transformation.
“This is a testament to the unmatched value of our technology innovation, as well as to our strong record of 25 years in delivering premier services, consistently meeting performance targets, and our market leading expertise in roaming and interconnect.”
“Microsoft Azure and Azure Blockchain Service helps TOMIA deliver solutions that allow communication service providers to focus more on their customers’ experience and less on managing servers and daily operations,” commented Marc Mercuri, Principal Program Manager, Blockchain Engineering at Microsoft Corp. “The Blockchain Settlement solution addresses a variety of issues related to the telecommunication industry and allows CSPs to take advantage of the flexibility and enterprise-grade reliability that Azure provides."
