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SIM card for crypto transactions via SMS, without the need for an Internet connection

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Telecommunications company Telx Technologies announced the release of a SIM card that can be used for cryptocurrency transactions via SMS to any phone number in the world.

To do this, Telx provides the client with SIM-card and phone number, to which are attached kriptokoshelki .

The goal of the project is to provide people with the opportunity to send international transfers without using a smartphone, Internet connection or wallet application / address .

Since the Telx SIM card works through telecommunication networks, there is no need to connect to the Internet, in a smartphone or application. This provides new opportunities for users located in different parts of the world with unreliable Internet connections.

How to write media, SIM-card Telx supports Bitcoin , the DASH , Zcash , as well as the Bitcoin Cash . The authors of the crypto wallet claim that they are able to counteract SIM swapping and theft of a phone number. In addition, transactions originating only from the corresponding SIM card will be confirmed, the wallet will be protected by a PIN code, in addition, Telx will provide backup keys in case of theft or loss.

Publication date 08/25/2019
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