{"id":10727,"date":"2024-02-15T13:35:26","date_gmt":"2024-02-15T11:35:26","guid":{"rendered":"https:\/\/forklog.com\/en\/chainlink-and-telefonica-enhance-web3-application-security\/"},"modified":"2024-02-15T13:35:26","modified_gmt":"2024-02-15T11:35:26","slug":"chainlink-and-telefonica-enhance-web3-application-security","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/chainlink-and-telefonica-enhance-web3-application-security\/","title":{"rendered":"Chainlink and Telef\u00f3nica Enhance Web3 Application Security"},"content":{"rendered":"<p>The Spanish telecommunications company Telef\u00f3nica <a href=\"https:\/\/www.telefonica.com\/en\/communication-room\/press-room\/telefonica-integrates-chainlink-to-strengthen-web3-security-with\/\">announced<\/a> a strategic alliance with Chainlink Labs aimed at enhancing the security of the Web3 ecosystem.<\/p>\n<p>The partners will integrate Chainlink blockchain oracles with the <span data-descr=\"Application Programming Interface \u2014 \u043f\u0440\u043e\u0433\u0440\u0430\u043c\u043c\u043d\u044b\u0439 \u0438\u043d\u0442\u0435\u0440\u0444\u0435\u0439\u0441 \u043f\u0440\u0438\u043b\u043e\u0436\u0435\u043d\u0438\u044f\" class=\"old_tooltip\">API<\/span> from GSMA Open Gateway. This global telecommunications industry initiative offers a set of standardized software interfaces for developers.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIn Web3, oracles play a crucial role by connecting blockchain-based smart contracts with real-world data, providing the reliability and accuracy needed for automated decision-making,\u201d the press release states.<\/p>\n<\/blockquote>\n<p>The first collaboration will involve the Brazilian mobile operator Vivo (Telef\u00f3nica Brazil) using Chainlink&#8217;s capabilities for the SIM SWAP API. This solution checks when a SIM card was last changed to prevent unauthorized manipulations and fraud.<\/p>\n<p>The integration of blockchain platform options is expected to allow the API to access data from various sources, providing an additional layer of security for transactions through direct smart contract requests and robust two-factor authentication.\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIncorporating Telef\u00f3nica&#8217;s OpenGateway interfaces with Chainlink&#8217;s features opens new use cases and enhances security for our industry, ultimately better protecting users and their assets,\u201d noted Johann Eid, Director of Business Development at Chainlink Labs.<\/p>\n<\/blockquote>\n<p>Since 2022, Telef\u00f3nica has accepted cryptocurrency payments in its online store.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Spanish telecommunications company Telef\u00f3nica announced a strategic alliance with Chainlink Labs aimed at enhancing the security of the Web3 ecosystem. The partners will integrate Chainlink blockchain oracles with the API from GSMA Open Gateway. This global telecommunications industry initiative offers a set of standardized software interfaces for developers.\u00a0 \u201cIn Web3, oracles play a crucial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1389,1388,1390],"class_list":["post-10727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-oracles","tag-chainlink-link","tag-partnership"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=10727"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/10726"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=10727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=10727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=10727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}