{"id":552274,"date":"2023-02-15T20:00:00","date_gmt":"2023-02-15T17:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/conflux-partners-with-china-telecom-to-develop-blockchain-sim-card\/"},"modified":"2023-02-15T20:00:00","modified_gmt":"2023-02-15T17:00:00","slug":"conflux-partners-with-china-telecom-to-develop-blockchain-sim-card","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/conflux-partners-with-china-telecom-to-develop-blockchain-sim-card\/","title":{"rendered":"# Conflux partners with China Telecom to develop blockchain SIM card"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a33e4b087f1c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a33e4b087f1c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/conflux-partners-with-china-telecom-to-develop-blockchain-sim-card\/#%E2%80%9D_Conflux_partners_with_China_Telecom_to_develop_blockchain_SIM_card_%E2%80%9C\" >&#8221; Conflux partners with China Telecom to develop blockchain SIM card &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Conflux_partners_with_China_Telecom_to_develop_blockchain_SIM_card_%E2%80%9C\"><\/span>&#8221; Conflux partners with China Telecom to develop blockchain SIM card &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvYjM4NGU5MWUtYTE0YS00NjMwLWIzNDctZTM3N2RiZTc1YWY2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-71a7a826>According to a Feb. 15 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Conflux_Network\/status\/1625816812092026880\">announcement<\/a>, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, said that it had secured a partnership with China Telecom to develop a blockchain SIM (BSIM) card. As told by Conflux, the BSIM will have a secure place to store digital private keys and will be able to call upon the said signature to transfer money to other users. In addition, a \u201cone-click direct check\u201d functionality will allow users to check for transaction information and status progress in real-time.\u00a0<\/p>\n<blockquote><p>\u201cThe R&amp;D phase for the BSIM card is complete &#8211; and it\u2019s connected to Conflux\u2019s main network in testing! This prototype has storage &amp; sending functions for digital assets.\u201d<\/p><\/blockquote>\n<p>Conflux also claims that the new BSIM card is able to store nonfungible tokens, or NFTs, with support for transfers and an exchange functionality. The firm also explains that with <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> from China Telecom, the BSIM can have upward of \u201c10-20 Times Storage Space\u201d compared to regular SIM cards, allowing for optimized access to decentralized <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications and digital communities.<\/p>\n<p>Currently, China Telecom is the countrys second-largest telecommunications provider, with over 390 million users. The first pilot program for the BSIM is scheduled to launch in Hong Kong later this year.<\/p>\n<p>Conflux is a layer-1 blockchain operating on a hybrid proof-of-work and proof-of-stake consensus. It is dubbed the \u201conly regulatory-compliant public blockchain in China,\u201d with the firm claiming its technology has been used in collaboration with brands such as McDonald\u2019s China and Oreo. Its parent, the Shanghai Tree-Graph Blockchain Research Institute, is supported by the Shanghai Municipal People\u2019s Government.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">China Telecom, 2nd largest wireless carrier in China  (390+ million mobile subscribers), has partnered with Conflux to develop Blockchain-enabled SIM cards &#8211; BSIM! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/LQxz34L432\">pic.twitter.com\/LQxz34L432<\/a><\/p>\n<p>\u2014 Conflux Network Official (@Conflux_Network) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Conflux_Network\/status\/1625816812092026880?ref_src=twsrc%5Etfw\">February 15, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/conflux-partners-with-china-telecom-to-develop-blockchain-sim-card\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Conflux partners with China Telecom to develop blockchain SIM card &#8220; According to a Feb. 15 announcement, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, said that it had secured a partnership with China Telecom to develop a blockchain SIM (BSIM) card. As told by Conflux, the BSIM will have a secure&#8230;<\/p>\n","protected":false},"author":1,"featured_media":552275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/b384e91e-a14a-4630-b347-e377dbe75af6.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,117],"class_list":["post-552274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/552274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=552274"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/552274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/552275"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=552274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=552274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=552274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}