United States telecom and media giant AT&T currently accepting cryptocurrency for paying telephone bills on line, according to a official press launch on May 23. AT&T will process invoices paid in cryptocurrency utilizing crypto payments platform BitPay.
AT&T is allegedly the first United States-based company in the wireless network sector to provide bill payments with BitPay.
Kevin McDorman, vice president of AT&T Communications Finance Business Operations, stated,”We’ve got clients using cryptocurrency, and we’re glad we can offer them a means to cover their bills together with the way they want.”
The stated goal of the package will be to provide”added flexibility and responsibility to even the most complicated provide chains” for institutional clients in fields like retail, manufacturing, and health.
AT&T also registered a patent program — that was released by the U.S. Patent and Trademark Office (USPTO) in December — to get a blockchain-based”social media background map” that will make it possible for a network for example AT&T to collect its subscribers’ social media”trade” data. In Accordance with the program:
“The social networking history map programs described herein may make the most of the permanent character of blockchain documents to save, and supply access to, data representing online trades which exist on multiple social networking programs “