Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card

11 months ago 223

Toronto, Canada, May 16th, 2023, Chainwire

Conflux Network, the archetypal regulatory compliant nationalist blockchain successful China and planetary communications network, China Telecom, contiguous unveiled its jointly developed Blockchain SIM (BSIM) paper astatine the Xuhui District West Bank Artificial Intelligence Center successful Shanghai.

In a satellite first, the BSIM paper is simply a mobile idiosyncratic recognition paper based connected blockchain technology. With an quality astir identical to accepted SIM cards, the BSIM paper is afloat compatible with mainstream mobile terminal systems specified arsenic Android and iOS. It besides boasts retention abstraction 10-20 times larger than accepted SIM cards and computing powerfulness respective twelve times greater.

Alongside accepted communications functions, the BSIM paper besides tin make and store users' nationalist and backstage keys wrong the card. By performing integer signatures successful a "private cardinal ne'er leaves the card" manner, the paper reduces the hazard of users' mobile terminals being targeted by malware and microorganism bundle attacks. Furthermore, the BSIM paper tin instrumentality encrypted storage, cardinal betterment functions and adjacent integrate accepted U-shield functions. Leveraging the hardware information advantages of the BSIM paper to support users' backstage keys. It is presently the safest and astir convenient Web3 idiosyncratic terminal introduction solution available.

During the motorboat event, Dr. Wu Ming, CTO and Co-Founder of the Conflux Network, successfully transferred a Commemorative NFT of the China Telecom and Conflux Partnership by pressing the nonstop fastener wrong the app. This marked the archetypal on-chain, nationalist usage of the BSIM card, arsenic the NFT was transferred from the BSIM paper relationship of Shanghai Conflux Research Institute to the BSIM paper relationship of China Telecom.

Dr. Wu Ming from Conflux stated: “From present on, each mobile connection users tin get a much unafraid integer individuality done mobile terminals and entree Web3 and the metaverse with minimal method barriers. Blockchain exertion has evolved beyond its estimation arsenic a analyzable and inaccessible concept, transforming into a genuinely applicable infrastructure for applications successful the planetary system and people's regular lives.”Li Anmin, Deputy Dean of the Research Institute astatine China Telecom Group added: “We are committed to moving alongside Conflux Network successful processing and promoting applicable connection solutions tailored to conscionable genuine idiosyncratic needs. The BSIM paper is conscionable a archetypal measurement arsenic we collaborate successful exploring a divers scope of exertion scenarios and supplementary products, made imaginable done the innovative integration of blockchain exertion with modern connection advancements.”

The BSIM paper volition beryllium piloted successful Hong Kong earlier being gradually introduced to mainland and overseas markets.

About Conflux Network

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies crossed borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain situation with zero congestion, debased fees, and improved web security.

As the lone regulatory-compliant nationalist blockchain successful China, Conflux provides a unsocial vantage for projects gathering and expanding into Asia. In the region, Conflux has collaborated with planetary brands and authorities entities connected blockchain and metaverse initiatives, including the metropolis of Shanghai, McDonald’s China, and Oreo.