Problem
Current issues
Lack of Integration Between Internet Services and Crypto Payments
Currently, internet connectivity services and cryptocurrency-based payments exist largely as separate entities, with minimal innovation bridging the two. This separation poses significant challenges, especially for users who seek an integrated ecosystem that effortlessly combines internet access with seamless on-chain cryptocurrency transactions. The absence of such unified technology results in increased complexity, as users are forced to manage separate platforms, wallets, and service providers, thereby hindering both convenience and efficiency in digital transactions.
Limited Active Period of Traditional SIM Cards
Most internet service providers enforce restrictive policies concerning SIM card validity, resulting in frequent renewals or replacements. This practice causes considerable inconvenience, particularly for individuals, businesses, or communities that rely on maintaining consistent digital identities over extended periods. Frequent SIM card replacements not only disrupt continuity but also increase administrative and operational burdens, ultimately impacting productivity and long-term planning for both individuals and corporate users.
Environmental Impact of Physical SIM Card Waste
Global data indicates that approximately 4.35 billion physical SIM cards are produced and distributed annually, generating around 20,000 tons of plastic waste each year. Moreover, the manufacturing process of traditional SIM cards contributes significantly to environmental degradation, releasing roughly 500,000 tons of carbon dioxide emissions annually. The persistence of this model exacerbates the accumulation of electronic and plastic waste, further straining environmental sustainability and necessitating a shift towards more eco-friendly digital alternatives.
Lack of Security and Privacy in Current SIM Card Systems
A critical privacy and security vulnerability exists in conventional SIM card systems, as most internet providers reassign phone numbers associated with inactive SIM cards. This practice creates significant risks, potentially allowing unauthorized individuals to access sensitive personal information or misuse previously assigned phone numbers. Such vulnerabilities increase exposure to identity theft, fraudulent activities, and data breaches, underscoring the urgent need for enhanced security and privacy measures in digital communication services.
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