As the doubts keep on looming the real-life adoption and capabilities of the blockchain technology, one cannot deny the fact that it’s going to have a major impact on the way traditional businesses work.

One sector that has embraced the Blockchain revolution is telecommunication. The tech has disrupted the telecom market and is expected to grow from USD 46.6 million in 2018 to USD 993.8 million by 2023, at a Compound Annual Growth Rate of 84.4% during the forecast period.

Blockchain can add significance to the Telco value chain by adding the perks of maintaining data integrity, data inspection, and fraud prevention. Blockchain’s benefit of real-time views can prevent data breach concerns and simplify the issue detection processes in the event of a dispute.

Merging Communication Tech with Blockchain

As many are aware, blockchain has made room for the concepts of decentralized cloud storage networks, transparent voting systems, and self-sovereign banks.

However, an important yet lesser-talked about use case of blockchain is its potential implementation in improving the way Smartphone functions.

The current technology driving Smartphone is totally outdated. Most of the devices today use the traditional SIM cards developed long back in 1991. These SIM cards store the network details of the user, phone number, name, service provider details, and other vital information. Switching service providers and high roaming tariffs are major drawbacks of these traditional SIM cards, and these can be changed by leveraging the power of blockchain. Wondering how? Let’s find out.

CloudSIM | Cloud 2.0

Blockchain-backed Cloud 2.0’s virtual SIM cards have been successful in catering to the drawback of traditional SIM cards. Known as CloudSIM, these pay as you go global SIM cards offer borderless and unlimited internet access, saving you from overspending on data. No wonder these are expected to hit the market with a splash!

Why CloudSIM?

Making frequent international phone calls can get a bit expensive in regular business dealings.

Also, business people need to carry multiple devices around to stay connected to the clients always. They just can’t stop using their devices and data because of expensive tariff plans.

Such issues are very well tackled by an innovative and user-friendly new app named CloudSIM. It utilizes the Voice over Internet Protocol (VoIP) technology for establishing a communication network.

CloudSIM is like a virtual SIM card that helps users manage multiple phone numbers from a single device. The user can create several number profiles on a single phone and answer work-related calls on the same device without disclosing their private number. It gives the user an option to customize a voicemail for each profile and identify the persons calling with the respective number profile.

Moreover, the additional numbers in the CloudSIM are real numbers and can be ported to another network. CloudSIM also lets you make calls through wireless, 3G, 4G or via local access by utilizing the free minutes of the account holder. It saves you from the high roaming cost that you might otherwise have to incur while traveling abroad.

Unlike traditional SIM cards, adding extra numbers and topping up a SIM can be done through the CloudSIM website or an app purchase itself.

Among numerous reasons why CloudSIM can be of great use to its users, some of the best ones are-

• User-friendly
• Better rates, country coverage, and speed than the traditional SIM cards
• Saves the hassle of checking the service provider’s tariffs before traveling
• Availability in more than 135 countries with 4G LTE speed
• No requirement of SIM administration activities like top-up, tariff booking, etc
• Fast and reliable WiFi connectivity
• Usage of 4 additional phone numbers in a single device

How is CloudSIM Different from Other VoIP Applications?

The utility of the CloudSIM cannot be questioned but many see technology as similar to that of VoIP application.

However, many aspects differentiate CloudSIM from a VOIP application.

• CloudSIM is a mobile network integrated with a mobile application
• CloudSIM providers are real numbers that can be ported in and out of the CloudSIM.
• Unlike VoIP, each number has a separate voicemail or a profile.
• It isn’t just an app to app calling but calling an actual number itself.

With CloudSIM, a person in Poland who has chosen a UK number can make a call to a person in the UK from his free UK minutes and won’t be charged even though both the persons are situated in different countries.

The seamless SIM card option with multiple numbers and low international calling rates makes this technology breakthrough in the modern telecommunication space.

CloudSIM and Other Roaming SIM Cards

Though CloudSIM is amongst the growing technologies in the telecommunication sector, there are other roaming SIM cards that enable travelers to stay connected to mobile networks and internet services at a very low cost. One such roaming SIM card which was introduced in the year 2011 by Flexiroam was Flexiroam X.

Flexiroam X is an affordable data roaming solution that gives access to more than 580 network operators across the globe. It is a microchip that gets attached to the SIM card and gives you access to the Flexiroam data plan in more than 150+ countries while you travel. It is a preferred roaming service for frequent travelers looking to save time, and need convenience and quality service.

Flexiroam has an alliance with over 100 travel industry partners that include some top airlines and travel agencies. It is one of the renowned names in the international roaming marketplace.

However, international roaming markets are also not void of players and there are several others like WorldSIM, GoSIM, etc. that can compete with the Cloud backed CloudSIM technology.

Wondering what’s better - Cloud 2.0 CloudSIM or Roaming cards?

Well, before arriving at the conclusion directly, it’s crucial that we analyze some of the advantages and disadvantages of using virtual CloudSIM.

Advantages of Using CloudSIM

● Convenience

One of the major advantages that CloudSIM has over other roaming SIM cards is its ability to switch networks without changing the physical SIM. CloudSIM removes the hassle of swapping SIM cards and carrying multiple mobile phones. You will not be required to go to a local SIM store as you can switch from one number to another simply through your smartphone settings.

● Greater Space

The devices supporting CloudSIM won’t need any SIM tray and will result in better designs and greater storage space. It makes it easier for manufacturers to design a smart device with better capabilities.

● Cost Savvy

As CloudSIM lets you hold numbers of local operators of different countries, the caller will only need to pay the standard local charges applicable in the country.

● Functionality

You can carry up to 4 mobile numbers in your smart device. This feature allows you to keep business and personal numbers in a single device. You can turn off all the business numbers outside business hours and keep using the personal number at the same time.

● Reduces Risk

As there is no physical sim or a chip, the risk of damaged and lost SIM card is eliminated. You also don’t need to take care of multiple devices as a single Cloud SIM device is self-sufficient in itself.

Disadvantages of Using CloudSIM

Everything comes with a unique set of pros and cons. Here are some aspects that you should keep in mind about CloudSIM -

● Security Aspects

Despite CloudSIM being a useful technology, it will be vulnerable from the risk of hackers breaching the security of the cloud system and accessing the private data from the device.

● Transfer Of Credentials Into a Different Device

In the event of any damage to your smartphone, all the data from the damaged phone will have to be transferred into the new one. Unlike in the case of a physical SIM card where one could simply put the SIM card in the new device, data recovery in CloudSIM can prove to be cumbersome.

● Adoption Of CloudSIM

Innovation excites some and frightens many.

Cloud Token or Cloud 2.0 and CloudSIM are full of potential solutions, still, people find it a little tricky to embrace these without giving second thoughts.

The resistance from operators and restrictions in local laws of several countries has made the adoption of CloudSIM a major challenge. Also, users are still skeptical about the security embedded in the technology and its capability to protect the personal data from unauthorized access.

We can see that despite some drawbacks in CloudSIM technology, it can prove to be a worthy proposition for its customers. The technology is in its early stages and there is still some time to enhance the versatility & security to make it ready for the technological leap in the telecommunication sector.

We hope this was a useful read. Keep following this space to get such insights about Cloud Token Wallet, Blockchain innovations, and industry trends.