Conflux Network, the first regulatory-compliant public blockchain in China, and China Telecom, a global communications network, have unveiled the world’s first blockchain SIM (BSIM) card.
Conflux Network, in collaboration with China Telecom, has introduced the blockchain SIM (BSIM) card.
This mobile user identification card, based on blockchain technology, marks the first on-chain interaction between Conflux and China Telecom.
The BSIM card, was launched at the Xuhui District West Bank Artificial Intelligence Center in Shanghai.
Resembling traditional SIM cards, the team says it is fully compatible with mainstream mobile terminal systems like Android and iOS.
With larger storage space and computing power, the BSIM card is capable of generating and storing users’ public and private keys within the card itself. This feature enhances security and reduces the risk of malware and virus software attacks on users’ mobile terminals, according to the developers.
The launch event demonstrated the potential of the BSIM card. Dr. Wu Ming, CTO, and co-founder of Conflux Network, transferred a commemorative NFT of the China Telecom and Conflux partnership using the BSIM card.
This marked the first on-chain, public use of the card as the NFT was transferred from the BSIM card account of the Shanghai Conflux Research Institute to the BSIM card account of China Telecom.
Li Anmin, deputy dean of the Research Institute at China Telecom Group, emphasized their dedication to collaborating with Conflux Network in developing communication solutions to meet users’ needs.
According to Li Anmin, BSIM card is just the beginning, as they explore various application scenarios and supplementary products through the integration of blockchain technology with modern communication advancements.
Despite banning bitcoin (BTC) and other cryptocurrencies, the Chinese government is not oblivious to the potential of the underlying blockchain technology, as evidenced by its recent announcement to train at least 500,000 blockchain professionals.
The BSIM card will be used in Hong Kong, before China allows its use elsewhere.