Crypto: Sui is leading the revolution of payments without internet!

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

Follow: Offline transactions

One of the main objections to crypto payments is the dependence on the Internet. What to do in case of an outage or in areas without reliable connection? Sui, with its innovative approach, gets around this problem.

Discover the Bitpanda platform
This link uses an affiliate program

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

This approach is particularly promising for regions that often face electricity shortages or frequent internet outages.

Imagine being able to send funds halfway around the world via a simple radio signal! This concept of “Internet-free transactions” opens new doors for one-way payments, providing a workable solution even in the event of disasters or major network outages.

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

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

DePIN: The Decentralized Future of Public Infrastructure

In parallel, Sui is also exploring the concept of DePIN (Decentralized Physical Infrastructure), a new niche of Web3.

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

In this context, Sui's “Internet-free transactions” find an ideal application. In the event of a cellular or Internet network failure, technologies such as GSM, mesh networks or satellite communications can take over.

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

Projects like Helium Mobile, which creates decentralized mobile networks, or Wifi Dabba in India, using the Solana network, show that the DePIN infrastructure is already up and running.

These initiatives aim to bridge the digital divide by connecting millions of people to the Internet at low or no cost.

A revolution for the unbanked

As reported Cointelegraph, Sui's ultimate goal is clear: to enable those who have neither access to financial services nor the internet to benefit from crypto innovations.

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

Sui’s partnership with Chip Wireless, a Canadian mobile operator, is a concrete example of this. They are working together to test these technologies and are already looking at expanding into markets like Africa, where financial inclusion and internet access remain major challenges.

In conclusion, Sui does not just bank the unbanked, it goes further by providing a solution to disconnected people.

Blockchain thus becomes a tool not only to secure transactions, but also to bring together the most isolated communities in the globalized world. A true technological revolution is underway, and it undoubtedly brings hope to the most vulnerable populations.

Maximize your Tremplin.io experience with our 'Read to Earn' program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.

Similar Posts