Layer-1 blockchain Sui is growing its real-world consumer base in Asia. On Thursday, the corporate introduced two new strategic partnerships with corporations targeted on real-world purposes.
Human longevity protocol CUDIS said it would develop its platform to the Sui blockchain to push for wider adoption. Additionally, South Korean table-ordering firm T’order introduced a strategic partnership with Sui. They’ll work collectively to commercialize a stablecoin-based cost infrastructure.
The Attract of Sui for a Well being & Wellness Platform
The worldwide digital healthcare market is projected to develop from $309.9 billion in 2023 to $509 billion by 2027. Nonetheless, a number of challenges stay unresolved. These embrace the dearth of information possession, poor system interoperability, and worth monopolization by intermediaries.
Sponsored
Sponsored
CUDIS is an all-in-one platform integrating wearable know-how, AI-based well being analytics, and blockchain knowledge administration. Its idea is to reward customers with cryptocurrency for wholesome behaviors. An “AI smart ring” tracks actions like exercising and enhancing sleep to realize this.
CUDIS, constructed initially on the Solana blockchain, determined to develop based mostly on Sui’s capabilities as a Layer 1 blockchain and by contemplating the distinctive options of purposes inside the Sui ecosystem. The non-public well being knowledge collected by sensible rings is privacy-sensitive. That’s why purposes like Walrus and Seal go well with safe dealing with of this data nicely.
CUDIS defined that the Sui Stack will improve the platform’s efficiency and performance. They decided that purposes resembling Walrus and Seal are useful for the safe dealing with of this data.
The Sui Stack is a blockchain know-how stack that integrates core blockchain ecosystem capabilities right into a unified structure. This consists of execution, consensus, storage, networking, consumer expertise (UX), developer instruments (DX), and Maximal Extractable Worth (MEV) dealing with.
T’order and Stablecoin Funds
Sui additionally introduced its partnership with T’order, a South Korean table-ordering firm. T’order plans to make use of the Sui blockchain and a decentralized knowledge answer known as Walrus.
The purpose is to handle transactions and buyer membership knowledge. It additionally plans to combine with a Korean Received-backed stablecoin that may quickly be launched on the Sui blockchain.
Christian Thompson, Managing Director of the Sui Basis, said, “As stablecoin and cryptocurrency funds quickly turn into mainstream, we’re on the forefront of this pattern.” He added that the Sui Basis is happy to have progressive accomplice T’order on this place.
Thompson mentioned that this integration would create alternatives in Korea’s $140 billion eating trade and considerably improve the expertise for thousands and thousands of Korean customers.