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By Clare O’Gara
Thu | Sep 26, 2019 | 9:29 AM PDT

It's official: Verizon is getting in to the Blockchain game.

The telecommunications conglomerate just acquired a patent for virtual SIM cards that use the technology.

Their eventual goal? Blockchain-powered mobile phone security.

CryptoNewZ covered the story:

A device on the mobile network will help to create a user account for storing one or multiple vSIMs and will also offer a chance for the selection of network services to be linked with the account.

The network device then facilitates a blockchain record, including a vSIM certificate for the network services. It also assigns an International Mobile Subscriber Identity (IMSI) number that renders a unique identification to all the users operating on a cellphone network.