FIX Network Archives | VoIP Review

FIX Network has announced a significant achievement towards their goal of securing transactions and private keys on SIM cards. As an innovative joint venture made of leading teams in telecoms, cybersecurity and blockchain, FIX Network will leverage the existing cellular infrastructure by defining and implementing a new blockchain-based security protocol. According to the announcement, the FIX Network Security Protocol will ensure the security and safety of private keys used by applications on mobile devices, and will provide a trusted environment for protecting a customer’s digital identities and digital assets. A significant innovation by the company is the storage of private keys on the subscriber’s SIM card, and the execution of cryptographic operations on that SIM card using applets. FIX Network emphasized that the private keys are never exposed to the mobile device or to a public network, thus enhancing security of the stored Digital Identities and other digital assets such…

Telecom News

FIX Network to provide non-hackable 2FA solutions for secure authentication

By Vilija Simkiene July 31, 2019

FIX Network, an innovative technology company from Vilnius, Lithuania, has developed a new two-factor authentication (2FA) SIM card and app for protecting mobile data and digital identities. The ultimate goal of the company is to provide comprehensive blockchain-based solutions for mobile devices, enabling subscribers to secure their digital assets and identities by safekeeping private keys on their SIM cards. However, due to the urgent and immediate requirement of securing phone numbers – which may be considered to be the most valuable digital identities – FIX Network will provide a free-to-use 2FA application, together with newly issued and truly subscriber-owned phone numbers that will serve as secure and global digital identities. These numbers will be fully controlled by the subscriber, preventing unauthorized porting or malicious hijacking of the phone number. This 2FA solution will also include the practical ability to recover access to digital identities through user-defined policies that include…

Telecom News

DIDWW to secure our Digital Identities with an ITU-assigned country code

By Vilija Simkiene June 24, 2019

DIDWW, the cloud telephony platform focused on providing virtual phone numbers on a global basis, has recently been assigned a new international shared country code by the ITU (International Telecommunication Union). This organization is the United Nations specialized agency for information and communication technologies, and is responsible for implementing technical standards that ensure the seamless interconnection of networks. In the past, the company highlighted the vulnerabilities and shortfalls of the current number portability procedures and how it was possible that a subscriber could lose their phone number. This problem has become critical due to the fact that phone numbers are increasingly used as a supposedly secure means of identification and authentication in our journey towards full digital transformation. As per DIDWW’s official announcement, the company strongly subscribes to the ITU’s philosophy that the phone number is an asset that must be owned by the end-user, and the company…