Skip to content

Telefónica & Chainlink: Innovating to Combat SIM Swap Fraud – BeInCrypto

Telefónica & Chainlink: Innovating to Combat SIM Swap Fraud – BeInCrypto

In an era where digital security is paramount, Telefónica and Chainlink are at the forefront of combating one of the most insidious forms of cybercrime: SIM swap fraud. Their partnership will help with securing online transactions and personal data in the web3 sector. Telefónica, a global telecommunications giant, has strategically allied with Chainlink Labs, a leader in providing web3 connectivity solutions. This collaboration leverages Chainlink Functions to connect APIs on GSMA Open Gateway to Polygon’s PoS blockchain network. The integration is a significant stride in blending Telco capabilities with blockchain technology. It underscores the need for secure oracle networks to relay… 

Read More

Leave a Reply