Vodafone Aims to Use SIM Cards to Facilitate Crypto Transactions on Mobile Phones

Telecommunications company Vodafone is taking steps to leverage SIM card technology in order to meet the expected surge in demand for crypto transactions on mobile phones. In an interview with Yahoo Finance Future Focus, David Palmer, Vodafone’s blockchain lead, revealed that the company is pushing to advance the use of blockchain technology on mobile devices for managing crypto transactions. By harnessing the cryptographic capabilities embedded in the SIM cards, Vodafone aims to integrate them with blockchain technology, enabling seamless transactions. One notable innovation from Vodafone in this domain is the PairPoint Digital Asset Broker platform.

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