Bitcoin (BTC) And cryptocurrency China banning trading and mining blockchain continues to evolve in the field.
A new move came from China, which uses blockchain technology in many infrastructure services.
China’s second-largest telecom provider with an estimated 390 million subscribers China Telecom, Conflux Network announced its partnership with
As part of this partnership, blockchain-enabled SIM cards will be developed.
Conflux Network said in a statement that China Telecom will launch its first “BSIM card” pilot program in Hong Kong later this year.
It was stated that this pilot trial will likely be followed by pilot programs in key Chinese locations such as Shanghai.
Conflux Network, sharing on Twitter, made the following statements:
“China Telecom, the 2nd largest wireless operator in China (estimated with over 390 million mobile subscribers), has partnered with Conflux to develop Blockchain-enabled SIM cards (BSIM).
The Web3 product will be the largest blockchain hardware product ever seen worldwide, with the most users and applications.”
China Telecom, the 2nd largest wireless carrier in China 🇨🇳 (390+ million mobile subscribers), has partnered with Conflux to develop Blockchain-enabled SIM cards – BSIM! pic.twitter.com/LQxz34L432
— Conflux Network Official (@Conflux_Network) February 15, 2023
Apart from China Telecom, Conflux has also collaborated on blockchain and metaverse initiatives with global brands and government agencies, including the city of Shanghai, McDonald’s China and Oreos.
Conflux’s native token CFX, It has increased by nearly 38% in the last 24 hours after reports on the China Telecom partnership.
CFX At the time of writing, it continues to trade at $ 0.073.
*Not investment advice.
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