Samsung SDS and U.S. SMS service provider Syniverse plan to jointly develop a blockchain-based mobile payment platform

Samsung SDS announced at the 2020 International Consumer Electronics Show (CES2020) that it has signed a memorandum of understanding with the US text messaging service Syniverse to jointly develop a mobile payment platform. The two companies will integrate the blockchain solutions of Samsung's enterprise platforms Nexledger Universal and Syniverse to develop a universal platform that can work with any mobile operator and allow mobile users to make payments, pay loyalty points or other digital currencies.