Chip

Momentum

<ul>
 <li>Sui blockchain brings in a new concept of “internet-less transactions”.</li>
 <li>Adeniyi Abiodun one of Sui’s developers, completed his research that allows crypto transactions using radio waves.</li>
</ul>
One of the biggest concerns with cryptocurrency is what happens if the internet goes down. Typically, users would be unable to access their wallets or make transactions, which is an issue in regions where power shortages are common. However, the <a href="https://sui.io/" target="_blank" rel="noopener noreferrer nofollow">Sui blockchain</a> is addressing this issue with a concept called “internet-less transactions.”
Moreover, the idea is to use alternative communication methods like mobile networks or even radio waves to send crypto transactions.<a href="https://blog.sui.io/adeniyi-abiodun-interview/" target="_blank" rel="noopener noreferrer nofollow"> Adeniyi Abiodun</a>, co-founder of Mysten Labs and one of Sui’s developers, has already completed research that allows transactions using radio waves, even underwater over long distances. They have also managed to compress transactions so small that they can be sent via a simple text message.
This technology is particularly powerful for making unilateral payments, transactions that only require one party’s action. <a href="https://thenewscrypto.com/zero-hash-integrates-sui-blockchain-accessibility/" target="_blank" rel="noopener noreferrer nofollow">Sui</a> has already tested this method, and it’s working. The next step is to integrate this into Internet of Things (IoT) devices, which could benefit decentralized physical infrastructure (DePIN) projects.
<h3 class="wp-block-heading" id="h-sui-blockchain-s-internet-less-transactions-revolutionizing-financial-access">Sui Blockchain’s “Internet-less Transactions” Revolutionizing Financial Access</h3>
Abiodun describes <a href="https://thenewscrypto.com/top-3-depin-tokens-to-watch-for-massive-gains-during-the-upcoming-altseason/" target="_blank" rel="noopener noreferrer nofollow">DePINs</a> as a way for users to collectively run public infrastructure, benefiting everyone while earning rewards.&nbsp;The idea is that in a scenario with no cellular connectivity with GSM (Global System for Mobile Communications) available, Sui’s technology could use mesh networks, satellites, or radio to relay messages.
In addition, Sui is working with <a href="https://www.binance.com/en/square/post/2024-09-04-mysten-labs-develops-offline-crypto-transactions-using-radio-waves-13085293561585" target="_blank" rel="noopener noreferrer nofollow">Chip Wireless</a>, a Canadian mobile service provider, to test these ideas, with plans to expand into African markets. Their goal is to use technology to bridge the gap and provide access at no cost to those who need it the most.
The Sui blockchain’s <a href="https://thenewscrypto.com/fordefi-unveils-first-institutional-grade-mpc-wallet-for-defi-on-sui/" target="_blank" rel="noopener noreferrer nofollow">exploration</a> of “internet-less transactions” is a groundbreaking step in making financial services more accessible. By leveraging radio waves and other alternative communication methods, Sui is not only solving a critical problem but also paving the way for broader adoption of cryptocurrency in underserved regions.
Highlighted Crypto News Today: <a href="https://thenewscrypto.com/ethereum-faces-bearish-momentum-amid-sell-offs-and-market-uncertainty/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Faces Bearish Momentum Amid Sell-Offs and Market Uncertainty</a>

Sui Blockchain Enables Offline Crypto Transactions

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