Telefónica Teams Up With Chainlink to Provide Security Against ‘SIM Swap’ Hacks

“This collaboration identifications a significant step in integrating Telco capabilities into the blockchain industry and demonstrates the need for secure oracle networks to broadcast real-world data on-chain,” the statement said. “This interconnected ecosystem enhances the functionality and security of Web3 applications, providing to a more robust and verifiable digital landscape,” the statement added.