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  /  Stock   /  Decentralized Apps May Solve SIM Swapping Woes
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Decentralized Apps May Solve SIM Swapping Woes

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imageCryptocurrency10 hours ago (Aug 01, 2020 02:20PM ET)

Decentralized Apps May Solve SIM Swapping Woes

In the US alone, over $55m has been stolen through SIM swapping attacks since 2018. NEM, a blockchain-based ecosystem, believes that decentralized apps could provide a meaningful solution to this problem.

According to NEM, they’re working with a solution called “FIX Network”, which was established to help mobile subscribers secure private keys and transactions on SIM cards.

Continue Reading on Coin Telegraph

Decentralized Apps May Solve SIM Swapping Woes

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