Revolutionizing the way Users Store and Transfer Digital Assets
Taisys Technologies Co. Ltd., member of GSMA and ETSI, is a world leader in providing mobile interconnectivity and vertical integration solutions to various industries. Taisys’ solutions enable telecoms, financial institutions and government organizations to extend innovative mobile services in a secure and convenient manner.
Established in 2005, Taisys has built solutions based on its patented core technology SIMoME® (Thin SIM), which decouples value-added services from the main SIM, and empowers industry players the ability to deploy innovative services on the mobile equipment.
Token Security Scheme’s joint development with Taisys will be a major breakthrough in crypto-security. The SIMoME® technology allows users to stick a smart chip over an existing SIM card in mobile devices. The Secure Element (SE) which resides in the smart chip will act as a secure enclave for the storage of cryptocurrency private keys. An application will be developed to securely interface with the SE and sign all transactions without the private key leaving the SE.
With the SIMoME® overlay chip and Secure Element in place, this factor form will be a much more secure and convenient way to store digital assets. It will encourage and promote the ease of using cryptocurrencies as there is no longer a need to carry a separate device. This project will turn mobile devices into secure hardware wallets and revolutionize the way users store and transfer digital assets, thus making activities on the blockchain much safer for everyone!
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