Sui blockchain’s SMS feature promises wider adoption in underserved areas – Crypto News – Crypto News
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Sui blockchain's SMS feature promises wider adoption in underserved areas Sui blockchain's SMS feature promises wider adoption in underserved areas

Cryptocurrency

Sui blockchain’s SMS feature promises wider adoption in underserved areas – Crypto News

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1 year ago

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The Sui blockchain is making strides in improving accessibility by enabling transactions through SMS.

On Jan. 27, Mysten Labs Co-Founder and Chief Cryptographer Kostas Kryptos Chalkias shared a demo showcasing how SMS-based transactions function on the SUI network. Mysten Labs is the developer behind the Sui Layer 1 blockchain network.

Adeniyi Abiodun, another Mysten Labs co-founder, confirmed the upcoming launch of this feature. He highlighted its potential to make decentralized payments and rewards more accessible.

In an X post, Sui echoed the sentiment, saying:

“[This] is an industry-changing product, which has huge implications for payments, DeFi, rewards, gaming and more!”

Meanwhile, several market observers believe this development could drive widespread blockchain adoption, particularly in underserved regions with inconsistent internet access.

Sui’s 2025 plan

Beyond SMS transactions, the SUI blockchain is introducing a series of advancements aimed at establishing itself as a leading platform for finance, gaming, artificial intelligence, and decentralized applications.

The Mysticeti V2 upgrade will enhance the consensus mechanism, optimizing transaction speeds and improving processing efficiency. To address scalability, the Remora solution will enable horizontal scaling by distributing workloads across validators, enhancing network efficiency for high-demand use cases.

Additionally, the introduction of Programmable Peer-to-Peer Tunnels will reduce latency and increase throughput, making real-time applications such as gaming and payments more feasible. Meanwhile,  SUI will deploy the SEAL framework to bolster security, allowing developers to control access to stored data, ensuring both privacy and flexibility.

Sui would also implement SCION to safeguard the network. SCION is a secure routing protocol designed to defend against cyberattacks and routing vulnerabilities.

Additionally, the network plans to debut Walrus, a storage solution that integrates directly with smart contracts. This innovation will enable decentralized apps to manage large files, such as user-generated content and AI models.

With all of these technological advancements, Abiodun expressed confidence in SUI’s ability to become a comprehensive solution for developers. He stated that its infrastructure is built to support bold Web3″ innovations.

He added:

“Our aim is simple: if you’ve got a bold idea for a Web3 app, Sui should be your first choice. Not because of hype or marketing, but because it’s undeniably the smoothest path to success.”

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