Conflux announced that it is collaborating with China Telecom to develop a blockchain-enabled SIM card - BSIM, and will launch the first BSIM pilot project in Hong Kong later this year.

Wu said that Conflux announced that it has cooperated with China Telecom to develop a blockchain-enabled SIM card - BSIM, and will launch the first BSIM pilot project in Hong Kong later this year. The BSIM card manages and stores the user's public and private keys in the card, and performs digital signatures in a way that the private key does not exit the card. The BSIM card can also perform encrypted storage, key retrieval and other operations, and has the storage and sending functions of digital assets.