Conflux networkChina’s first regulatory public blockchain and global communications network, China Telecom today unveiled its jointly developed Blockchain SIM (BSIM) card at the Xuhui District West Bank Artificial Intelligence Center in Shanghai.
As a world first, the BSIM card is a mobile user identification card based on blockchain technology. With an appearance almost identical to traditional SIM cards, the BSIM card is fully compatible with mainstream mobile terminal systems such as Android and iOS. It also features a storage space 10 to 20 times larger than that of traditional SIM cards and tens of times greater processing power.
In addition to traditional communication functions, the BSIM card can also generate and store users’ public and private keys on the card. By performing digital signatures in a “private key never leaves the card” fashion, the card reduces the risk of users’ mobile terminals becoming the target of malware and virus software attacks. In addition, the BSIM card can implement encrypted storage, key recovery functions, and even integrate traditional U-shield functions. Leverage the hardware security benefits of the BSIM card to protect users’ private keys. It is currently the most secure and convenient Web3 user terminal input solution available.
At the launch event, Dr. Wu Ming, CTO and co-founder of the Conflux Network, successfully transferred a Commemorative NFT from the China Telecom and Conflux Partnership by pressing the submit button in the app. This was the first on-chain, public use of the BSIM card, as the NFT was transferred from the Shanghai Conflux Research Institute’s BSIM card account to China Telecom’s BSIM card account.
Dr. Wu Ming of Conflux stated: “From now on, all mobile communications users can obtain a more secure digital identity through mobile terminals and access Web3 and its metaverse with minimal technical barriers. Blockchain technology has evolved beyond its reputation as a complex and inaccessible concept and has transformed into a truly practical infrastructure for applications in the global economy and people’s daily lives.”
Li Anmin, Deputy Dean of Research Institute at China Telecom Group added, “We are committed to working with Conflux Network in developing and promoting practical communication solutions tailored to real user needs. The BSIM map is just a first step as we work together to explore a wide range of application scenarios and additional products enabled by the innovative integration of blockchain technology with modern communications advancements.
The BSIM card will be tested in Hong Kong before being gradually introduced to mainland and overseas markets.
Conflux is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. Conflux has recently migrated to hybrid PoW/PoS consensus, providing a fast, secure and scalable blockchain environment without congestion, low cost and enhanced network security.
As the only regulatory-compliant public blockchain in China, Conflux offers a unique advantage for projects building and expanding into Asia. In the region, Conflux has partnered with global brands and government agencies on blockchain and metaverse initiatives, including the City of Shanghai, McDonald’s China, and Oreo.
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