Verizon, an American telecommunications conglomerate, has patented the concept to create virtual SIMs on a blockchain.
The patent application describes the technology for creating a virtual SIM card, the encryption of which will be based on the blockchain. Thanks to vSIM, users get rid of the need to purchase physical SIM cards.
The blockchain will help to avoid falsification or alteration of records about virtual SIM cards, as well as ensure efficiency and speed. At the same time, vSIM can be used on many devices that are tied to one user account. Also, a virtual SIM card can be transferred to another user.
“In one implementation, users can accept new vSIM certificates into a user account, transfer a vSIM among client devices associated with the user account, or deliver a vSIM certificate to another user,” the application says.
One of the applications of the technology may be its use in a corporate environment. For example, a company purchases a number of virtual SIM cards and distributes them among employees, and in case of dismissal, it simply withdraws the certificate and issues it to another user. At the same time, employees no longer need to return a physical SIM card.
Technical analysis of Bitcoin (BTC):
Over the past day, bitcoin was in the flat with a price range of $9,800-10,000. This movement fully coincided with our forecast. Now, the price of bitcoin is $9,900. We expect that bitcoin will try to grow even higher and break through the mark of $10,000. The nearest resistance levels are $10,000, $10,400, $10,650. The nearest support levels are $9,800, $9,700.
Technical analysis of Ethereum (ETH):
Over the past day, ethereum was in the flat with a price range of $201-214. This movement completely coincided with our forecast. Now, the price of ethereum is $208. We believe that the price of ethereum is likely to rise above the resistance level of $214. The nearest resistance levels are $214, $220. The nearest support levels are $205, $202.
Technical analysis of Ripple (XRP):
Over the past day, ripple was in the flat with a price range of $0.2675-0.28. This movement fully coincided with our forecast. Now, the price of ripple is $0.2715. It seems to us that ripple is very weak, but it has found a support level and there is the possibility of price growth. The nearest resistance levels are $0.28, $0.29. The nearest support levels are $0.2670, $0.2620.
