The ‘ Global Leaders ’ Forum has unveiled its Communications Technology Network ( CBN ) , which is intended to be " the future of information and communications technology ( ICT ) financial solutions " . Set to go live in the coming months after 14 months of testing , the CBN is expected to create an open , interoperable ecosystem , with around 11 carriers and technology providers already signed up . They will initially collaborate on a framework , aiming to maintain consensus and avoid fragmentation , but some analysts have questioned whether blending structured and permissioned blockchains will succeed .
The ITW Global Leaders’ Forum has unveiled its Communications Blockchain Network (CBN), which is intended to be "the future of information and communications technology (ICT) financial settlement". Set to go live in the coming months after 14 months of testing, the CBN is designed to create an open, interoperable ecosystem, with around 11 carriers and technology providers already signed up. They will initially collaborate on a framework, aiming to build consensus and avoid fragmentation, but some analysts have questioned whether blending permissionless and permissioned blockchains will succeed.