Crypto: Sui Is Leading The Internet-free Payment Revolution!

A recurring question persists in the crypto universe: what happens in the event of an Internet outage? With the rapid evolution of blockchain, the reliance on an Internet connection to perform transactions seems to be a major constraint, especially in underdeveloped regions. The Sui blockchain, developed by Mysten Labs, offers an innovative solution. By utilizing radio waves and other alternative channels, it enables crypto payments even without an Internet connection.

Sui: Offline transactions

One of the main objections to crypto payments is the reliance on the Internet. What to do in case of an outage or in areas with unreliable connections? Sui, with its innovative approach, circumvents this problem.

Adeniyi Abiodun, co-founder of Mysten Labs, explains that their technology allows transactions to be transmitted via mobile networks, radio waves, and even reduced text messages, thus eliminating the need for an Internet connection.

This approach is particularly promising for regions often faced with power shortages or frequent Internet outages.

Imagine being able to send funds to the other side of the world via a simple radio signal! This concept of “transactions without the Internet” opens new doors for unilateral payments, providing a functional solution even in the event of a disaster or major network outages.

Sui has already proven that this method works and plans to integrate it into Internet of Things (IoT) devices.

This innovation is not limited to financial transactions alone but could transform several industries, especially in the management of decentralized physical infrastructures.

DePIN: The decentralized future of public infrastructure

At the same time, Sui is also exploring the concept of DePIN (Decentralized Physical Infrastructure), a new niche in Web3.

This model proposes collective management of public infrastructure, where each participant can benefit while contributing to the management. This would allow infrastructure to be created at a lower cost without causing economic disruptions.

In this context, Sui’s “transactions without the Internet” find an ideal application. In case of cellular or Internet network failure, technologies like GSM, mesh networks, or satellite communications can take over.

It would suffice, for example, to open a radio channel between two points to encrypt and transmit a secure message. This technology not only allows sending payments but also transmitting coupons, rewards, or even data.

Projects such as Helium Mobile, which creates decentralized mobile networks, or Wifi Dabba in India, using the Solana network, show that DePIN infrastructure is already in motion.

These initiatives aim to bridge the digital divide by connecting millions of people to the Internet at reduced costs or even for free.

A revolution for the unbanked

As reported by Cointelegraph, Sui’s ultimate goal is clear: to enable those without access to financial services or the Internet to benefit from crypto innovations.

Abiodun emphasizes the importance of making financial services more accessible. With this technology, entry barriers are significantly reduced, allowing more people to access these essential services and simultaneously strengthening network effects.

Sui’s partnership with Chip Wireless, a Canadian mobile operator, is concrete proof of this. They are working together to test these technologies and are already considering expansion into markets such as Africa, where financial inclusion and Internet access remain significant challenges.

In conclusion, Sui not only provides banking services to the unbanked but goes further by offering a solution for disconnected people.

Thus, blockchain becomes a tool not only to secure transactions but also to bring the most isolated communities closer to the globalized world. A true technological revolution is underway, and it undoubtedly holds hope for the most vulnerable populations.