In the world of cryptocurrencies (the virtual currencies), every single entity is working hard to come up with something new to bring a change in the business world. Similarly, the news is running that TELX technologies have officially announced to launch a Crypto-supporting SIM card for users all around the globe, innitially this lauch will effectivlley be impimented in 180 countries. later, this extenssions will be performed to make it global accessable.
TELX claims that they are the pioneers in launching the crypto-facilitating sim card. This SIM will facilitate to make easy and reliable payment transactions. Users who do not use smartphones can also perform the crypto transaction by using the numbers as their accounts. Moreover, TELX also claims that using this SIM will not require any internet connection to perform any cryptocurrency transactions all around the globe.
Crypto transactions will not require an internet connection
Yes, you read it right. Because after deploying the SIM in the market, users will get it and can use this sim in any mobile device, which will be their crypto wallet as well. Moreover, users will have a proper and secure source subject to crypto transactions all around the world. TELX tech will issue a private key to the individuals with the SIM, which they will use to perform the transactions.
Users can use this SIM for making a voice call, text messages, moreover they can use it as their personal wallet to keep BTC, Litecoin, Dash coin, Zcash, and Bitcoin Cash right at the initial stage. They will incorporate other important cryptocurrencies with the passage of time. This step further reduces the chances of hacking as this does not require functions like swap or any of related to maximize the chances of getting a user’s wallet under attacks of the hackers.
TELX’s mission also supports the way they have claimed. As the mission of the TELX right at the moment says as follows:
At Telx, our goal is to make transacting digital currency as easy and accessible as possible. This means creating solutions that technical and non-technical people alike can adopt. We believe there is tremendous synergy between payments and messaging.