Vodafone is planning to integrate its blockchain wallet with mobile SIM cards, Cointelegraph reported May 4.
Vodafone, the UK's leading telecommunications group, has just announced ambitious plans to integrate blockchain wallets with SIM cards, bringing blockchain technology closer to smartphone users. This move comes as Vodafone is facing financial challenges related to its Indian subsidiary Vodafone Idea.
Vodafone plans to launch this plan by 2030, with the goal of bringing secure, convenient digital asset management and payment solutions to billions of users globally.
David Palmer, Head of Vodafone Blockchain, said: “By 2030, we predict there will be around 8 billion smartphones and 5.6 billion blockchain wallets in use. Integrating blockchain into SIM cards will open up opportunities to access technology for a large number of users, while promoting the development of the digital financial ecosystem.”
The combination of mobile and blockchain technology is expected to bring many benefits, including enhanced security, simplified payment processes and digital asset management. Users can easily conduct transactions, store and access cryptocurrency directly on their smartphones without the need for separate apps or devices.
Despite financial difficulties, Vodafone still shows its determination to lead in the technology sector. Recently, the company has cooperated with Microsoft to develop artificial intelligence (AI) services for customers, while affirming its long-term vision in applying advanced technologies to enhance human experience. use.
Vodafone's plan to integrate blockchain wallets into SIM cards marks an important step forward in bringing blockchain technology to life, opening up great potential for the development of the future digital financial ecosystem.
