A major state-owned telecommunications provider in Switzerland has joined the open-source Hyperledger blockchain project.

Swisscom AG announced yesterday that it was joining the Linux Foundation-led effort. At the same time, the company disclosed several blockchain-related projects it has undertaken since internal research began last year.

Specific initiatives include a consumer loyalty concept developed with an unnamed bank and a platform for over-the-counter trading, the latter of which is being pursued in partnership with the Lucerne University of Applied Sciences and Arts, among other parties.

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