Just-In: Telefonica Partners Chainlink Boosting Security Against SIM Swap Scams

Telefónica, a global telecommunications company, has forged a strategic alliance with Chainlink Labs, a prominent player in the blockchain space. This partnership aims to leverage Chainlink Functions, recognized as a top-tier Web3 connectivity solution. By integrating Telco capabilities into the blockchain industry, Telefónica and Chainlink are addressing the growing need for secure and reliable data transmission within decentralized networks. Chainlink Functions serve as a critical component in this collaboration, facilitating the seamless connection between blockchain-based smart contracts and real-world data sources.