AT&T CUSTOMERS WILL BE ABLE TO PAY FOR COMPANY’S SERVICES WITH CRYPTOCURRENCIES THROUGH BITPAY

American telecommunications giant AT&T will accept cryptocurrencies for payment of telephone bills via the Internet with the help of cryptocurrency operator BitPay.

According to AT&T Vice President Kevin McDorman, the company’s customers use cryptocurrencies, so it is pleased to provide them with the opportunity to pay their bills in their preferred way.

At the end of 2018, AT&T announced the development of blockchain-based solutions compatible with Microsoft Azure and the IBM blockchain platform. Solutions are designed to provide transparency and confidence in even the most complex supply chains for institutional clients in areas such as manufacturing, retail and healthcare.

AT&T also filed a patent application for the development based on the blockchain “maps of the history of social networking, which would allow AT&T to collect information about the preferred social networks of their subscribers.”

According to information published on the website of the Bureau of patents and trademarks USA (USPTO), users of the platform maps the history of social networking will be able to apply the “immutable and permanent nature of records in the blockchain to store and provide access to data about transactions that are carried out in several applications of social networks”.

In 2017, the subsidiary of AT&T Mobility patented solution for integrating cryptocurrency payments in the vehicle.