Blockchain Ledger: What is Crypto Better SIM?

Crypto Better SIM is a new blockchain invention that uses cryptography to encrypt, store and secure users data on blockchain immutable ledger.
Crypto and SIM

Crypto Better SIM is a Blockchain SIM Card that leverages computing powers, cryptography and communication technology to store all user data on a decentralized blockchain network or ledger.

Currently, there are over 850 million smartphone users in the West (U.S, U.K, Canada, North America and Europe) not to talk of the world’s population. This represents approximately 10.63% of the global population. The current estimated global population is approximately 8 billion people. The milestone of 8 billion was officially reached on November 15, 2022, according to the United Nations. Meanwhile, the present number of smartphone users around the globe is estimated to 6.92 billion, which means that 86.34% of the world’s population owns a smartphone, and we all know that a smartphone needs a SIM card to function.

This means that a significant majority of people on Earth rely on smartphones for communication, work, and entertainment. Since a smartphone typically requires a SIM card to connect to cellular networks for calls, texts, and data services, the widespread ownership of smartphones also implies a massive demand for SIM cards. SIM cards serve as the gateway to mobile network functionality, making them an essential component of modern digital connectivity.

Initially, traditional SIM card were introduced. As time went on, E-SIM cards were introduced. Now, in this present/modern age, a new mobile connectivity that uses cryptography and blockchain technology has been developed. This blockchain innovation is known as “crypto better SIM card” which can also be called Blockchain SIM Card.

How Crypto SIM Card Works

First of all, let me explain the concept behind “Crypto Better SIM”. Many people in India prefer to call the innovation “Crypto Better” because it records users data and information in blockchain ledger which makes it much more difficult for hackers to access, compromise or steal the stored data.

More so, Blockchain SIM Card can be used to carry out crypto transactions seamlessly without any hindering. The functionalities of being able to connect the world and at the same time used as crypto advance app are more reasons it’s called Crypto Better SIM.

Now, speaking of how it works, Crypto Better SIM works by using cryptography to encrypt all user’s data, information and crypto transactions on a decentralized blockchain network. With this technology, hackers will find it extremely difficult compromised. In essence, Crypto Better SIM further protects user privacy, assets and data.

Furthermore, a Crypto Better SIM Card or Blockchain SIM Card consists of a SIM card chip which works for mobile connectivities regardless of geographical restrictions, and integrated cryptocurrency wallets and their private keys which enables users to exchange (such as trade, buy and sell) crypto assets directly directly through their mobile network without needing additional hardware or software.

Benefit of Crypto Better SIM

Overall benefits of a Crypto backed SIM card is that it simplifies the complexity of combining crypto advanced features into mobile connectivity, making it accessible anywhere in the world without any geo-restrictions with insured maximum security and privacy.

In addition to privacy and security, SIM swap attack, a form of identity theft where cybercriminals hijack your mobile phone number by convincing your mobile carrier to transfer it to a SIM card they control, is popular these days. But with the help of blockchain ledger which create tamper-proof records of all Crypto SIM card transactions, SIM card frauds like SIM swap attacks or any form of identity theft is forfeited.

Furthermore, Crypto Better SIMs have the potential to revolutionize mobile banking and financial services for the unbanked and underbanked by leveraging blockchain decentralized technology which helps to provide secure digital identities.

These Blockchain SIM cards integrate blockchain protocols, which allows their users to securely store and manage their financial data, execute transactions, and access services directly through their mobile phones without needing a traditional bank account.

As previously stated, identity theft is completely forfeited on Crypto Better SIM Cards. Emphasizing on that, blockchain-backed SIM cards can potentially improve identity management because it’s decentralized which enables it to securely store and manage personal information and data on a decentralized ledger.

Crypto Better SIM is not only useful in the financial sectors, it’s also useful in the healthcare sector in the sense that it provides secure and decentralized solutions for managing patient data and streamlining access to government services. Furthermore, cross-border mobile connectivity (also known as global roaming) is one of the biggest advantages of a blockchain SIM card.

Lastly, Crypto Bette SIMs have support for numerous currencies especially in the crypto assets. Is it Bitcoin (BTC), Ethereum (ETH), Tether (USDT) or Stablecoin (USD-C), blockchain SIM cards have support for multiple cryptocurrencies, their wallets and private keys.

Crypto Better SIM Details

Crypto Better SIM Details simple mean data and information of blockchain SIM card owner or user. In other words, when people search for Crypto Better SIM Details, they’re literary looking for the details (such as names, phone numbers) of a crypto better SIM owners.

You can read about how to get SIM cards owner details here, or use online phone numbers lookup tools like TrueCaller to find details of a crypto better SIM cards owners.

Furthermore, some users are researching about Crypto Better SIM Details Telegram. Telegram also has it own version of decentralized SIM card. It’s called Telegram Virtual SIM Number, and it’s used to sign up to telegram instead of using personal SIM numbers. This helps to prevent users’ privacy.

So, you can check your Crypto Better SIM Detail Telegram Virtual Number using the platform fragment market place where the virtual number is being purchased and sold.

Examples of Crypto Better SIMs

Blockchain SIM Cards are not widely available but some tech companies have been inventing some Crypto-backed SIM cards. Currently, BSIM by China Telecom and Conflux Network and Vodafone’s Blockchain SIM are some of the well-known Crypto Better SIM available.

However, it’s important to know that Crypto Better SIMs serve different functions depending on how they’re built to work. For instance, the BSIM is invented to to store digital assets, manage private keys, and perform digital signatures directly on the SIM.

The Vodafone Blockchain SIM Card, on the other hand, works by integrating crypto wallets directly into SIM cards, aiming to link SIM technology with blockchain-based identities and cryptographic capabilities. Hence, when purchasing a crypto better SIM card, ensure you know the functions and buy the one that suits your needs.

Conclusion

Crypto Better SIM (CBS) is a new blockchain invention that uses cryptography to encrypt, store and secure users mobile communication and crypto transactions data on blockchain immutable ledger.

It’s also known as Blockchain SIM Card (BSC), it offers global roaming without goe-limitations, privacy, security and advance cryptocurrency management.

However, if you’re purchasing crypto better SIM, ensure you research well about it and purchase the one that will suit your needs as the blockchain SIM cards serve different purposes depending on their manufacturer.

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About the author

Temmy Samuel
Founded Mainwave Digital Media, Temmy Samuel is a financial advisor and journalist, blending financial expertise with storytelling skills to simplify complex financial topics for readers and clients alike. Learn More About Temmy Samuel

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