Conflux partners with China Telecom to develop blockchain SIM card

According to a Feb. 15 announcement, Conflux Network, besides known arsenic Shanghai Tree-Graph Blockchain Research Institute, said that it secured a concern with China Telecom to make a blockchain SIM (BSIM) card. As told by Conflux, the BSIM volition person a unafraid spot to store integer backstage keys and volition beryllium to telephone upon the said signature to transportation wealth to different users. In addition, 'one-click nonstop check' functionality volition let users to cheque for transaction accusation and presumption advancement successful real-time. 

"The R&D signifier for the BSIM paper is implicit - and it's connected to Conflux's main web successful testing! This prototype has retention & sending functions for integer assets."

Conflux besides claims that the caller BSIM paper is capable to store nonfungible tokens oregon NFTs, with enactment for transportation and speech functionality. The steadfast besides explains that with exertion from China Telecom, the BSIM tin person upwards of "10-20 Times Storage Space" compared to regular SIM cards, allowing for optimized entree to decentralized applications and integer communities.

Currently, China Telecom is the country's second-largest telecommunications provider, with implicit 390 cardinal users. The archetypal aviator programme for the BSIM is scheduled to motorboat successful Hong Kong aboriginal this year.

Conflux is simply a layer-one blockchain operating connected a hybrid proof-of-work and proof-of-stake consensus. It is dubbed the "only regulatory-compliant nationalist blockchain successful China," with the steadfast claiming its exertion has been utilized successful collaboration with brands specified arsenic McDonald's China and Oreo. Its parent, the Shanghai Tree-Graph Blockchain Research Institute, is supported by the Shanghai Municipal People's Government.

China Telecom, 2nd largest wireless bearer successful China (390+ cardinal mobile subscribers), has partnered with Conflux to make Blockchain-enabled SIM cards - BSIM! pic.twitter.com/LQxz34L432

— Conflux Network Official (@Conflux_Network) February 15, 2023