Get started

TEF

Telefonica Partners Chainlink For Security Against SIM Swap ScamTelefónica ( BME:TEF ), a global telecommunications company, has partnered with Chainlink Labs, a prominent player in the blockchain space. This partnership aims to leverage Chainlink Functions, recognized as a top-tier Web3 connectivity solution. By integrating Telco capabilities into the blockchain industry, Telefónica ( BME:TEF ) and Chainlink are addressing the growing need for secure and reliable data transmission within decentralized networks. Chainlink Functions serve as a critical element in this collaboration, facilitating the seamless connection between blockchain-based smart contracts and real-world data sources. These oracles play a pivotal role in ensuring the accuracy and integrity of data used in automated decision-making processes within the Web3 space. In essence, Telefónica’s ( BME:TEF ) partnership with Chainlink signifies a significant advancement in the integration of telecommunications infrastructure with blockchain technology. This integration not only enhances the functionality of decentralized applications but also reinforces the security measures essential for the widespread adoption of Web3 solutions. GSMA Open Gateway Initiative and Recent Security Breach The GSMA Open Gateway initiative introduces standardized Telco APIs aimed at bridging the gap between telecommunications and the Web3 ecosystem. These APIs, developed under the guidance of the GSMA, provide a platform for integrating pioneering Telco capabilities into decentralized networks. One of the primary objectives of the initiative is to address various challenges within the Web3 space, such as fraud prevention and secure account creation, by leveraging the robust infrastructure of telecommunications networks. Recently, the U.S. Securities and Exchange Commission (SEC) fell victim to a security breach attributed to a SIM swap attack. This breach occurred when unauthorized entities gained control of the SEC’s official account on a social media handle, leading to the dissemination of false information regarding the approval of bitcoin exchange-traded funds. This incident underscores the pressing need for heightened security measures within the Web3 ecosystem to mitigate the risks posed by such attacks. Enhancing Security with GSMA Open Gateway SIM SWAP API & Chainlink The integration between the GSMA Open Gateway SIM SWAP API and Chainlink Functions marks a Pivotal milestone in bolstering security measures within the Web3 ecosystem. This collaboration allows for the seamless connection between telecommunications infrastructure and blockchain technology, enhancing the overall security and reliability of decentralized networks. Beyond transaction security, this integration offers broader security benefits for Web3 applications and decentralized finance (DeFi) services. By leveraging the GSMA Open Gateway API via Chainlink, developers can enhance two-factor authentication (2FA) mechanisms and implement more robust fraud detection protocols. This comprehensive approach to security not only safeguards against SIM swap attacks but also strengthens overall security measures within the Web3 ecosystem, promoting trust and reliability among users and stakeholders alike.
NYSE:TEFLong
by DEXWireNews
Telefonica: The perfect choice for a DIVIDEND strategyHere at Human Traders, we've been following Telefonica closely. Its fundamentals look better than ever. They reduced its debt from €56Bn in 2011 to €25bn in 2021. Alvaro Pallete, CEO of Telefonica has done an incredible job in term of debt reduction and company management. The dividend is also very interesting. We bought Telefonica when the dividend yield was more than 12%. Still the dividend yield now is more than 6%, one of the bests in Spain, a country where almost every company offers attractive dividend yields. In terms of competition, the telecommunication sector has always been fierce, but Telefonica remains as the main company in the sector in Spain and strong presence in LATAM. With Movistar+, they follow the same strategy plan as AT&T with streaming services. Regarding technical analysis, you can clearly see the downtrend of the last 15 years has been really strong, but we believe this time there could be a breakout of the main resistance level. It will take some time, but with this high-dividend yield, we can wait as long as we need. If you follow a dividend strategy, we recommend to have this one in your portfolio. For those who follow performance only, wait for the breakout of the resistance level to enter, o enter on the bottom area of the last channel. As you can see there was an important bullish divergence last year, and we don't expect the stock price to fall below that area, unless there is another market crisis like the one we saw back in March 2020. There is also the possibility of a rally in the telecommunication sector, one the most smashed sectors in the last 15 years, but interestingly, it's one of the most important ones in society.
BME:TEFLong
by alvaromroo
1
TEL: 4.88 Target Is Reasonable; High Risk LongTelefonica seems to have position for another wave breakout or some sort of bullish run. Again, don't take what I say seriously or at face value (as always), this is an opinion basis. That being said, let us get into my analysis. Looking at a long position target, you could see the 4.88 target range as feasible going into the upcoming years, or some sort of +15% growth potential as a conservative estimate. Some targets are even looking into the post $6 to $7 range quite soon, and it does look like it already passed most of its bottoming up period. The market capitalization of Telefonica is also huge, and that isn't really easy to all go away. Points like this, should make it a good stock pick. However, the problem lies on the fact that it is very high risk at the moment given its past negative correlations performance and how investors may react.
BME:TEFLong
by gamer456148
DSKX Begins To Rally After The Conference CallShares of DSKX continues to rally from last week after they held a conference call to discuss the recently announced agreement to acquire Radiancy, Inc., a leading developer of consumer medical devices and the Neova® dermatological products. It appears investors are beginning to notice the financial value this new deal brings and the future outlook of the company, so if you haven't already, I highly encourage you to listen to today's conference call as soon as possible. Much larger company structure overall, significant increase in revenue, assets, cash flow and working capital with a very reputable management team to move the company forward. The fact that the current market cap is only 33M is what really gets me excited. Listen to the call to learn more: The replay of the conference call can be heard by dialing 1-888-286-8010 in the United States and Canada or +1-617-801-6888 internationally, then referencing the Conference Passcode "56187013" A recording of the call can also be heard on the company website. In the call, the DS Healthcare Group management team shared their motivations and answered questions relating to the business fundamentals on the Radiancy & Neova® deal, explaining how natural strategy alignment and synergies will lead to significant bottom line contribution. The call was hosted by Mark Brockelman (CFO), Manny Gonzeles (CCO) and Renee Barch-Niles (CEO) and took place on Thursday, February 25th, 2016, at 8:30 a.m. EST. -Renee Barch-Niles (CEO), an experienced CPG Executive who drove double-digit year-over-year growth in global food, drug, mass, club and specialty channels for Global companies such as Daymon Worldwide and Emilia Personal Care. -Mark Brockelman (CFO) who has great experience in mergers and acquisitions, systems integration expertise and highly astute financial acumen. Mr. Brockelman Brockelman served as the Chief Financial Officer for National Dentex Corporation as well as the Senior Vice President/Chief Financial and Administrative Officer of the Miami Dolphins. -Manny Gonzalez (CCO), a former top (NASDAQ: PG) Procter & Gamble executive managing a team of 7,000 sales representatives in the U.S., who has direct access to every major retailer in the country. Acquisition Press Release Below: finance.yahoo.com For full disclose please visit: www.stockpicksnyc.com
DLong
by StockPicksNYC