Share this article
Telecom Giant KDDI Joins Enterprise Ethereum Alliance
Japanese telecom giant KDDI has become the latest major corporation to join the ranks of the Enterprise Ethereum Alliance.
By Nikhilesh De
Updated Sep 13, 2021, 6:58 a.m. Published Sep 29, 2017, 9:00 a.m.
Japanese telecommunications conglomerate KDDI Corporation has joined the Enterprise Ethereum Alliance.
KDDI, which is ranked number 219 on the Fortune Global 500 list, also revealed it is working with Japanese startup Couger on a smart contracts proof-of-concept built using technology developed through the enterprise-focused ethereum consortium. KDDI's work with blockchain will also see it partnering with blockchain startup Trident-Arts and legal tech firm Kentauros Works.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The telco is the latest major corporation to join the Alliance, which launched in February with the backing of companies like BP, JPMorgan Chase and Microsoft, among others.
In particular, KDDI indicated that it plans to test how blockchain-based smart contracts – self-executing pieces of code triggered when certain conditions are met – can be used for facilitating payments between companies.
The firm explained:
"This proof-of-concept will extend beyond blockchains utilized by existing business and will validate business and technical issues and benefits for (a) Open services built on platforms such as the Ethereum and includes non-financial interactions, and (b) Smart Contracts for coordination with partner company services."
Testing will also include possible applications for mobile phone repair services. A smart contract will be used to determine how much the phone would cost to repair, how much the phone costs on the used market and whether there are any other factors that would be accounted for in the cost.
KDDI further plans to explore how artificial intelligence and connected devices (IoT), among other technologies, could aid in the development of a "next generation service platform," according to the press release.
Workmen image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
ICP Rises, Keeping Price Above Key Support Levels
Internet Computer rose, keeping the price above the $3.40 support zone, with early session volume spikes failing to produce a sustained breakout.
What to know:
- ICP rose 0.6% to $3.44 as early session volume surged 31% above average before fading.
- Resistance near $3.52–$3.55 rejected multiple breakout attempts, keeping the token range-bound.
- Support between $3.36–$3.40 held firm, maintaining ICP’s short-term higher-low structure.
Top Stories
