PANews reported on October 3 that it is officially believed that the full-chain interoperability protocol LayerZero development team LayerZero Labs announced today that it has reached a strategic cooperation with Conflux Network, which will allow China Telecom’s blockchain-based SIM card (BSIM) users to access Full chain functionality on the blockchain network supported by LayerZero. Based on this cooperation, users will be able to use LayerZero's full-chain data communication platform to transfer digital assets and data stored on the BSIM card from the Conflux main network to other blockchain networks. The new BSIM feature will initially be used to transfer cryptocurrencies from the Conflux mainnet (eSpace and Core space) to Ethereum, with more chains and features to be added in the coming months.


It is reported that the BSIM card allows users to access blockchain-based functions, such as storing digital assets in digital wallets and verifying their digital identities, in addition to improving the security of data and assets stored in mobile devices. The data stored on the BSIM card can also be exchanged in multiple blockchain networks. The digital wallet in the mobile device will become a full-chain wallet, giving users the opportunity to participate in the Web3 world of NFT, DeFi and on-chain games. For example, through LayerZero's full-chain data communication platform, users will be able to exchange assets or transfer NFTs on LayerZero's integrated blockchain network in the future.
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