Jellyfish Mobile, SIM3
  • Introduction and Vision
  • One Pager Explainer
  • Market Analysis
  • How we do it
  • Activities & Roadmap
    • Phase 1 : Capturing the Market
      • Combating SIM Swap Attacks
      • Preventing Dust Attack
      • Device Change, Device Location Change, Connection Availability Detection
      • Event Notification for Wallet Transactions
      • Panic Button Feature
    • Phase 2 : OnBoarding the next Billion
    • Phase 3 : Expanding the SIM3 Ecosystem
  • Go-To-Market Strategy
  • Tokenomics
  • Current & Upcoming Partners
  • Technical Overview
    • Architecture
    • Hardware Wallet Integration
    • Security
    • Connectivity
  • Application Details
    • Architecture: Java Card Platform
    • Cryptographic Implementations
    • Data Transmission
    • Modulation/Demodulation Techniques
    • Error Detection & Integrity Assurance
  • Hardware Product Details
    • Package Handling
    • Electrical Specification
    • Hardware Information
    • Other Physical Characteristics
    • Key Standard Compliances
  • Team
  • Project Updates
    • 𝐑𝐨𝐛𝐛𝐞𝐝: 𝐖𝐡𝐞𝐧 𝐒𝐈𝐌 𝐜𝐚𝐫𝐝𝐬 𝐟𝐚𝐢𝐥 𝐚𝐧𝐝 𝐲𝐨𝐮 𝐥𝐨𝐬𝐞 𝐢𝐭 𝐚𝐥𝐥😱
    • Humans Demo Day Pitch
    • The Next Generation Cold Wallet with SIM Technology
    • Jellyfish Mobile Embraces Multi-Home Network Support
    • Audited by SolidProof.io
  • Articles
    • Seamless Security in Your Pocket
    • Revolutionizing Digital Identity: Navigating Beyond Mobile Numbers
    • The Uphill Battle for DePin Projects: Why They Might Not Succeed in Telecommunications
    • Addressing the Gas Fee Challenge in Crypto: Insights from Jellyfish Mobile
    • Revolutionizing Telecom with SIM3 Technology
    • 𝐓𝐞𝐥𝐞𝐜𝐨𝐦 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: 𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐉𝐞𝐥𝐥𝐲𝐟𝐢𝐬𝐡 𝐒𝐈𝐌𝟑
    • 𝐑𝐨𝐛𝐛𝐞𝐝: 𝐖𝐡𝐞𝐧 𝐒𝐈𝐌 𝐜𝐚𝐫𝐝𝐬 𝐟𝐚𝐢𝐥 𝐚𝐧𝐝 𝐲𝐨𝐮 𝐥𝐨𝐬𝐞 𝐢𝐭 𝐚𝐥𝐥😱
    • 𝐋𝐨𝐜𝐤𝐞𝐝 𝐎𝐮𝐭😨: 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐅𝐥𝐚𝐰𝐬 𝐢𝐧 2FA
    • 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐌𝐨𝐛𝐢𝐥𝐞 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲: 𝐓𝐡𝐞 𝐄𝐦𝐞𝐫𝐠𝐞𝐧𝐜𝐞 𝐎𝐟 𝐒𝐈𝐌
    • The Revolutionary Mission: Join us on the Jellyfish Journey
    • Jellyfish Mobile: The Next Generation Cold Wallet with SIM Technology
    • Jellyfish Mobile: Revolutionizing Mobile Crypto Security
    • Jellyfish Mobile Embraces Multi-Home Network Support: A New Era of Mobile Connectivity
    • 🔒 Cold-Wallet Security Right In Your Pocket: The Unique Wallet-On-SIM by Jellyfish Mobile
    • 📱 Eliminating Digital Demons with Jellyfish Mobile
    • Phone number recycling-how your world can be turned badly upside-down! 😢
    • 🧐Scary SIMs and how you might have one
    • ☀️Empowering Digital Security with Decentralized Identifiers (DIDs) in Web3 Mobile Communications 🌟
    • 📱 Embrace Jellyfish Mobile Web3-Based Telcos for Secure Mobile Revolution!📱
    • Jellyfish Mobile: Revolutionizing Crypto Exchanges and Mobile Transactions
    • Jellyfish Mobile introduces 5G web3-enabled mobile virtual network operator
    • Jellyfish Mobile: Pioneering Web3 MVNO for Tomorrow's Telecom
    • Got Buried by a SIM Swap Attack?
    • Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years
    • Empowering Influencers: How Jellyfish Mobile Transforms the Game
    • 🌐 Revolutionizing Mobile Communication: Jellyfish Mobile's Web3 Telecom Platform 📱
    • Web3 Meets Telecom: A Secure and Seamless Future with Jellyfish Mobile
    • Fortifying Digital Defense: Jellyfish Mobile's Secure Boot Process
    • Strengthening Crypto Security: Jellyfish Mobile's Response to Recent Hacks
    • Hackers' Headache: Jellyfish Mobile Wallet-On-SIM RSA & ECC Security
    • Donning Digital Armor with Jellyfish Mobile Wallet-On-SIM
    • The Armed Sentry of Your Digital Wealth: Wallet-On-SIM Security
    • The Shielded Fort: Exploring Jellyfish Mobile Wallet-On-SIM's Security Features
    • All SIM Cards the Same? Not When Yours is a Digital Breastplate!
    • If it Can Happen to Them, it Can Happen to You: Guarding Against SIM Swap Attacks
    • Discovered Some Sneaky Skullduggery Going Down?
    • 🌐 Jellyfish Mobile: Connecting Everything, Everywhere, Every Way, All The Time 📱
    • Jellyfish Mobile: A Triceratops of Telecom Technology
    • Way More Colorful!
    • Unlocking Tomorrow’s Online Defense: Stop The Security Clownshow Permanently
    • Device Change Detection: Get Notified When Someone Gets After Your Stuff.
    • SIM Swaps Stopped!
    • Bye Bye SMS Verifications- Leaving the Horse and Buggy Behind!
    • Zero Click Compatibility: No More Pesky Passwords!
    • Seamless Security: Terminate Passwords Permanently 🔥
    • Jellyfish Mobile: Now You're Really Surfing 🌊🏄‍♂️
    • 🚀 Move On From Neanderthal - No More External Cold Wallet Clunkers! 🦕
    • Another One Bites the Dust- Bringing Down Hackers and Theives.
    • Wallet-on-SIM: You could definitely call it a revolution.
    • The Future Just Arrived: 5G Wallet-On-SIM Blockchain Connected Web3 Mobile Service
    • Crypto Security Compromised? Unleashing the Beast : Jellyfish Mobile Security Solutions
    • When You're Not the Only Cook in the Kitchen: Protecting Your Crypto with Jellyfish Cold Wallet
    • When Your Digital Footprint Becomes a Monster: The Perils of Recycled Phone Numbers 🙀🙀🙀
    • 🌐 Unleash the Future of Telecom: Introducing Jellyfish Mobile!
    • 📱🌐 Jellyfish Mobile: The Future of Mobile Communication 🌐📱
    • 🚀 The Dawn of the DID era 📱🔐
    • 🛡️💼 Announcement: Finally: Convenient and Secure Crypto Ownership 📲💪
    • 🛡️💼 Secure Crypto Ownership: Empowering with Wallet On SIM 📲💪**
    • 🌐🔓 Now your ID goes with you, not someone else!📱✨**
    • 💡 The Power of Web3 Wallet Privacy: Say goodbye to Web2 security disasters! 💡
    • 📱 Embrace the Future of Fully Secure Decentralized Mobile Communications 🌐🔒
    • 📲 Embracing Wallet On SIM: The Key to Unrivaled Mobile Crypto Security 🛡️💼
    • 🌟 Jellyfish Mobile’s Integration of DIDs: Empowering Digital Identity 🌟
    • 💡 Unleashing the Potential of Wallet On SIM for Unrivaled Crypto Security 💡
    • 🌐 Exploring the Role of Web3 in Modern Telecommunication 📱🌍
  • Case Study Series
    • 𝗛𝗼𝘄 𝗝𝗲𝗹𝗹𝘆𝗳𝗶𝘀𝗵 𝗠𝗼𝗯𝗶𝗹𝗲’𝘀 𝗦𝗜𝗠𝟯 𝗶𝘀 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗲
    • 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗶𝘇𝗶𝗻𝗴 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝘄𝗶𝘁𝗵 𝗝𝗲𝗹𝗹𝘆𝗳𝗶𝘀𝗵 𝗠𝗼𝗯𝗶𝗹𝗲 𝗦𝗜𝗠𝟯
    • 𝗛𝗼𝘄 𝗝𝗲𝗹𝗹𝘆𝗳𝗶𝘀𝗵 𝗠𝗼𝗯𝗶𝗹𝗲’𝘀 𝗦𝗜𝗠𝟯 𝗶𝘀 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗲
    • 𝐁𝐞𝐲𝐨𝐧𝐝 𝐁𝐨𝐨𝐤𝐬: 𝐒𝐈𝐌𝟑 𝐔𝐬𝐡𝐞𝐫𝐬 𝐈𝐧 𝟐𝟏𝐬𝐭 𝐂𝐞𝐧𝐭𝐮𝐫𝐲 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧
    • 𝙍𝙚𝙫𝙞𝙩𝙖𝙡𝙞𝙯𝙞𝙣𝙜 𝙍𝙚𝙩𝙖𝙞𝙡: 𝗝𝗲𝗹𝗹𝘆𝗳𝗶𝘀𝗵 𝗠𝗼𝗯𝗶𝗹𝗲 𝗦𝗜𝗠𝟯
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  • SIM3 Technical Whitepaper
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Jellyfish Mobile: The Next Generation Cold Wallet with SIM Technology

by Ethan Huang (ethan.huang@jellyfish.cool)

PreviousThe Revolutionary Mission: Join us on the Jellyfish JourneyNextJellyfish Mobile: Revolutionizing Mobile Crypto Security

Last updated 1 year ago

In the ever-evolving landscape of cryptocurrency, security remains a top concern for both individuals and businesses. With the increasing number of cyber threats and the need for robust protection of digital assets, the demand for reliable cold wallets has grown significantly. Cold wallets, which store cryptocurrency offline, are considered one of the safest methods to safeguard funds from potential hacks or thefts.

One innovative solution that has emerged in recent times is the Jellyfish Mobile cold wallet, which incorporates SIM technology to enhance security and convenience. This groundbreaking device has garnered attention for its unique features and adherence to the Crypto Travel Rule. In this article, we will dive deep into the world of Jellyfish Mobile, exploring its functionalities, benefits, and its compliance with the Crypto Travel Rule.

Understanding Cold Wallets

Before delving into the specifics of Jellyfish Mobile, it's essential to have a solid understanding of cold wallets. Cold wallets, also known as hardware wallets, are physical devices designed to store private keys offline. By keeping the private keys offline, cold wallets significantly reduce the risk of unauthorized access to cryptocurrency funds. These wallets are immune to most types of online attacks, such as malware or hacking attempts.

Cold wallets typically come in the form of USB-like devices, providing a secure environment for managing and storing cryptocurrencies. They are often equipped with advanced encryption technologies, PIN codes, and other security features to prevent unauthorized access. Cold wallets are compatible with various cryptocurrencies, making them a versatile solution for crypto enthusiasts and investors.

Introducing Jellyfish Mobile

Jellyfish Mobile is a next-generation cold wallet that takes the concept of security to a whole new level. Developed by a team of experts in cryptography and blockchain technology, Jellyfish Mobile combines the benefits of a traditional cold wallet with the convenience of SIM technology. This unique integration ensures enhanced security while simplifying the user experience.

The Role of SIM Technology

SIM technology, commonly associated with mobile phones, adds an additional layer of security and flexibility to the Jellyfish Mobile cold wallet. By leveraging SIM cards, the wallet establishes a secure connection between the user's device and the blockchain network. This connection enables users to manage their cryptocurrency assets directly from their smartphones, enhancing convenience without compromising security.

The SIM technology integrated into Jellyfish Mobile provides several advantages. First and foremost, it eliminates the need for USB connections or other external devices, making it easier for users to access their funds on the go. Additionally, the SIM card acts as a secure element, storing private keys and ensuring that they remain encrypted and protected from potential attacks.

The Crypto Travel Rule Compliance

One of the standout features of Jellyfish Mobile is its compliance with the Crypto Travel Rule. The Travel Rule, established by the Financial Action Task Force (FATF), requires Virtual Asset Service Providers (VASPs) to share customer information for transactions above a certain threshold. Compliance with this rule is crucial for businesses and individuals operating in the cryptocurrency space.

Jellyfish Mobile's integration of SIM technology enables seamless compliance with the Travel Rule. The wallet securely collects and transmits the required originator and beneficiary information for each transaction, ensuring that users can transfer funds while adhering to regulatory guidelines. By incorporating this compliance feature, Jellyfish Mobile simplifies the process of meeting regulatory obligations, providing peace of mind for users.

Key Features and Benefits

Jellyfish Mobile offers a range of features and benefits that set it apart from traditional cold wallets. Let's explore some of the key advantages that make it an attractive option for cryptocurrency enthusiasts and businesses alike:

1. Enhanced Security

Security is paramount when it comes to cryptocurrency storage, and Jellyfish Mobile leaves no stone unturned in this regard. By combining the inherent security of cold wallets with the SIM technology, the wallet ensures that private keys remain safeguarded from potential threats. The SIM card acts as a secure element, providing hardware-level encryption and protection against unauthorized access.

2. Convenience and Mobility

The integration of SIM technology enables users to manage their cryptocurrency assets directly from their smartphones. This eliminates the need for carrying additional devices or relying on computer-based wallets. With Jellyfish Mobile, users can securely access and transfer their funds anytime, anywhere, providing unparalleled convenience and mobility.

3. Seamless Compliance with the Crypto Travel Rule

Jellyfish Mobile's compliance with the Crypto Travel Rule is a significant advantage for businesses and individuals operating in the cryptocurrency space. The wallet automates the collection and transmission of originator and beneficiary information, ensuring that users can transact within regulatory frameworks. This compliance feature saves time and effort while mitigating the risk of non-compliance.

4. User-Friendly Interface

Jellyfish Mobile boasts a user-friendly interface, making it accessible to both experienced cryptocurrency users and newcomers to the space. The wallet's intuitive design simplifies the process of managing and transferring funds, allowing users to navigate through various features effortlessly. With Jellyfish Mobile, even those with limited technical expertise can confidently engage with their cryptocurrency assets.

5. Multi-Currency Support

Jellyfish Mobile is compatible with a wide range of cryptocurrencies, providing users with the flexibility to manage multiple assets within a single wallet. Whether it's Bitcoin, Ethereum, or other popular altcoins, the wallet supports various digital currencies, catering to the diverse needs of cryptocurrency enthusiasts.

How Jellyfish Mobile Works

To understand the inner workings of Jellyfish Mobile, let's explore the step-by-step process of using the wallet:

  1. Setup: Users begin by acquiring the Jellyfish Mobile SIM from a list of participating Crypto EXchanges (CEX) and Activating the Wallet-On-SIM. During the setup process, users will be prompted with a 12-word mnemonic seed-phrase which will be used to recover the wallet.

  2. SIM Integration: Once the activation process is complete, users can access their Wallet-On-SIM card by dialing *1617# on their mobile and access their Jellyfish Mobile Wallet. This integration establishes a secure connection between the wallet and the blockchain network, ensuring the safe transmission of data.

  3. Wallet Creation: Upon activation, Each wallet associated with a specific cryptocurrency has their own respective Wallet Address, and users can recover these wallets using the mnemonic seed phrase that is given upon activation (keep it safe and do not reveal it to anyone).

  4. Fund Management: With their wallets set up, users can manage their cryptocurrency funds directly from the SIM. The wallet provides options for sending, receiving, and storing digital assets, giving users full self-custody control over their holdings.

  5. Transaction Execution: When initiating a transaction, Jellyfish Mobile automatically collects the required originator and beneficiary information, ensuring compliance with the Crypto Travel Rule. Users can review and verify the transaction details before approving the transfer.

  6. Security Measures: Jellyfish Mobile employs various security measures to protect users' funds. These include two-factor authentication, biometric authentication, and encryption technologies. Users can also set transaction limits and configure additional security settings to suit their preferences.

Conclusion

As the cryptocurrency ecosystem continues to evolve, innovative solutions like the Jellyfish Mobile cold wallet redefine the standards of security and convenience. By integrating SIM technology and ensuring compliance with the Crypto Travel Rule, Jellyfish Mobile offers a comprehensive solution for securely managing digital assets. With its enhanced security features, user-friendly interface, and multi-currency support, Jellyfish Mobile is poised to become a go-to choice for individuals and businesses seeking top-notch cold wallet solutions. Embrace the future of cryptocurrency security with Jellyfish Mobile and safeguard your digital wealth like never before.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial or investment advice.