Conflux’s Expansion is Fueled by a Blockchain-Enabled SIM Card

Conflux, which recently switched to a hybrid PoW/PoS agreement, offers a safe and scalable blockchain

Conflux is a Layer 1 permissionless blockchain that links disparate economies across boundaries and communication systems. Conflux, which recently switched to a hybrid PoW/PoS agreement, offers a quick, safe, and scalable blockchain. zero-congestion, low-fee, and enhanced network protection environment. Conflux offers a distinctive advantage for enterprises developing and expanding into Asia because it is the only public blockchain in China that complies with regulations. Conflux has worked on blockchain and metaverse projects in the area with international companies and governmental organizations, including Shanghai, McDonald's China, and Oreo.

A partnership between China Telecom and Conflux Network has been announced to sell Blockchain SIM cards (BSIM). With the most users and applications, the entry-level Web3 product will be the largest blockchain hardware product ever seen worldwide. Later this year, China Telecom will introduce the first BSIM trial project in Hong Kong. Pilots in important mainland China cities like Shanghai will probably follow this.

For China Telecom's 390+ million mobile phone users, BSIM will significantly lower the entry barrier to Web3, while also facilitating faster and more secure transactions. The objective is to increase the security of mobile phones while also securing the confidential digital assets of telecom users.

The highest system performance for any blockchain in the world is made possible by the integration of Conflux's Tree-graph, dual proof of stake, and proof of work technologies into the BSIM card.

It exploits SIM cards' hardware security benefits to safeguard.

Using users' private keys is a safe and practical way to access Web3.

The BSIM Card looks identical to a conventional SIM card, however, it has storage space that is 10-20 times larger and tens of times more powerful than a conventional SIM card.

By switching to a BSIM card, users will have the ability to store their digital assets safely, transfer them easily, and show them in several applications.

The BSIM card will handle digital signatures in a way that prevents the private key from leaving the card, and manage and store the user's public and private keys on the card.

The BSIM card can be used for tasks such as key retrieval, encrypted storage, and more.

To protect the security of individual digital assets, the built-in Bluetooth module will be in charge of signing and transferring assets.

As a result, there is a lower chance that the user's mobile phone may become infected with viruses or other dangerous software.

Now that the BSIM card's research and development phase is through, it has successfully linked to Conflux's primary network in a test set.

This prototype includes features for sending and storing digital assets.

Conflux and China Telecom will now concentrate on improving the ecological uses of the BSIM card, with a focus on games, payments, and other areas.