NEM works with Israeli-Lithuanian telecom start-up for cell phone safety

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NEM, one of many oldest peer-to-peer blockchain networks, has partnered with the Israeli-Lithuanian telecom startup FIX Community to enhance safety and information safety for cell phone customers and the difficulty of Change SIM card.

FIX Community will implement SYMBOL of NEM & # 39; s enterprise-grade blockchain into its present cellular infrastructure. The purpose is to guard the world's eight billion SIM playing cards from cyber criminals with new options for privateness, safety, administration and security.

Cellphone numbers can grow to be extra necessary than social safety numbers

FIX Community's structure is designed to allow cellular operators to ship companies equivalent to digital identification administration, cryptocurrency wallets and private information firewalls to cellular subscribers, enabled by securing personal keys on subscribers' SIM playing cards.

The primary product would be the FIX ID app, which securely identifies members by subscriber international telephone numbers serving as distinctive digital identities. The primary cargo of 10,000 FIX Safe ID SIM playing cards, pre-ordered in June 2019, is predicted to ship on the finish of April this 12 months.

FIX Community has launched its personal international cellular service providing roaming agreements in 186 nations.

Nate D & # 39; Amico, CTO of NEM Basis mentioned that "FIX Community makes use of and makes use of established infrastructure – the worldwide cellular community – to create a greater, fairer and safer manner of transactions."

Itamar Kunik, the CEO of FIX Community, added:

"The enterprise nature of Image and the native options inherent within the platform are basic to the continued adoption and implementation of the FIX Community resolution by the telecommunications trade."

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