The Carrier Blockchain Study Group (“CBSG”), the global blockchain consortium of telecom carriers, announced that South Koreabased LG Uplus Corp. (“LG Uplus”), UAE-based Etisalat Group (“Etisalat”), South Korea-based KT Corporation (“KT”), Spain-based Telefónica, S.A. (“Telefónica”), and Philippine-based PLDT Inc. (“PLDT”) agreed to jointly explore how to collaborate on building a next-generation global cross-carrier blockchain platform and ecosystem.