Sui and Karrier One have announced a strategic partnership to integrate advanced telecom services with Web 3.0 technology. The partnership includes a strategic investment from Sui to support the expansion of Karrier One’s decentralized physical infrastructure (DePIN) technology. This collaboration aims to enhance connectivity and expand access to the digital world for underserved populations.
As part of the partnership, Karrier One will launch a decentralized wireless (DeWi) network token on the Sui blockchain. Participants in the Karrier One ecosystem will be able to earn DeWi tokens for various activities, such as deploying radios and using Karrier One phone numbers. The partnership also introduces a versatile governance token and expands the Karrier ecosystem with utilities accessed via fungible tokens and NFTs.
The partnership will integrate the Karrier number system (KNS) with zkLogin, a Sui primitive that enables Web 3.0 authentication with familiar Web 2.0 credentials. This integration allows users to transact in Web 3.0 using their telephone numbers instead of managing a crypto wallet.
Karrier One plans to utilize the investment from Sui to offer new services, including retail radio deployments and innovative mobile phone plans, along with KNS infrastructure for underserved areas. They will tap into unused wireless spectrum to promote sustainable economic growth and inclusive connectivity.
The CEOs of both companies expressed excitement about the partnership and their shared vision of expanding telecommunications and building a more inclusive and interconnected future. The collaboration also aligns with United Nations Sustainable Development Goals, focusing on education, innovation, infrastructure, and sustainable communities.
In conclusion, the partnership between Sui and Karrier One aims to leverage decentralized technology for societal betterment and accelerate the deployment of DeWi solutions worldwide.
Contact: Sui Foundation
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