China Telecom & Conflux Network Launch Blockchain Enabled SIM Card in HK

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• China Telecom and Conflux Network have announced a partnership to launch Blockchain SIM cards (BSIM) in Hong Kong later this year.
• The BSIM card integrates Conflux’s Tree-graph, dual proof of stake, and proof of work technology, making transactions faster and more secure.
• It uses the hardware security advantages of SIM cards to protect users‘ private keys, which is a secure and convenient Web3 entry solution.

China Telecom & Conflux Network Partnership

Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong later this year. This will likely be followed by pilots in key mainland China locations such as Shanghai.

Security Benefits

BSIM will dramatically lower the barrier to entry to Web3 for China Telecom’s 390+ million mobile phone subscribers, while making transactions faster and more secure. By making telecom users‘ personal digital assets more secure, the goal is to make mobile phones more secure.

Conflux Technology Features

The BSIM card integrates Conflux’s Tree-graph, dual proof of stake, and proof of work technology, enabling the highest system performance for any blockchain in the world. It uses the hardware security advantages of SIM cards to protect users‘ private keys, which is a secure and convenient Web3 entry solution. The BSIM Card is indistinguishable from a traditional SIM in appearance but has increased storage space that is 10-20 times larger than traditional SIM cards with tens of times increased computing power as well.

User Advantages

Users who switch to a BSIM card will be able to store digital assets safely as well as transfer their digital assets conveniently without worrying about any data breaches or cyber threats compromising their personal information or accounts due its strong encryption features provided by Conflux’s technology incorporated into each card .

Conclusion
This innovative approach taken up by two leading companies promises improved security for user accounts along with convenience when using digital services powered by blockchain technologies helping them remain safe at all times reducing fraud risks associated with these operations substantially .