Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: sonaa on September 10, 2024, 08:20:36 AM
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Sui developed by Mysten Labs in crypto currency ushers in a new era for crypto payments by enabling transactions without an internet connection through the use of blockchain, radio waves and other alternative channels. In this new era where funds can be sent even without the Internet, leveraging technologies such as GSM, mesh networks or satellite communications, Sui aims to reduce barriers to financial services, especially for unbanked populations in remote areas. Among these are potential applications in the Internet of Things (IoT) and the management of decentralized infrastructure, as demonstrated by similar projects such as the Helium mobile and WiFi canisters. This approach typically does not extend beyond financial transactions.
Yes, even without internet there are benefits in it.
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Sui developed by Mysten Labs in crypto currency ushers in a new era for crypto payments by enabling transactions without an internet connection through the use of blockchain, radio waves and other alternative channels. In this new era where funds can be sent even without the Internet, leveraging technologies such as GSM, mesh networks or satellite communications, Sui aims to reduce barriers to financial services, especially for unbanked populations in remote areas. Among these are potential applications in the Internet of Things (IoT) and the management of decentralized infrastructure, as demonstrated by similar projects such as the Helium mobile and WiFi canisters. This approach typically does not extend beyond financial transactions.
Yes, even without internet there are benefits in it.
I think there is already a thread about it here:Crypto transactions without internet? Sui thinks so.. (https://www.altcoinstalks.com/index.php?topic=324163.0)