Sui, a Layer-1 blockchain, is expanding its user base in Asia. The company announced two strategic partnerships on Thursday with firms aimed at real-world applications.
CUDIS, a human longevity protocol, will expand its platform to the Sui blockchain to promote wider adoption. Additionally, South Korean table-ordering company T’order revealed a strategic partnership with Sui, focusing on commercializing a stablecoin-based payment system.
The Allure of Sui for a Health & Wellness Platform
The global digital healthcare market is expected to grow from $309.9 billion in 2023 to $509 billion by 2027, although issues such as data ownership, interoperability, and value monopolization by intermediaries persist.
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CUDIS is a comprehensive platform that combines wearable technology, AI-driven health analytics, and blockchain data management. It rewards users with cryptocurrency for healthy behaviors through an “AI smart ring” that tracks activities like exercise and sleep improvement.
Initially built on the Solana blockchain, CUDIS is expanding to leverage Sui’s capabilities as a Layer 1 blockchain, considering the unique features available in the Sui ecosystem. Given the privacy-sensitive nature of the personal health data collected by smart rings, applications like Walrus and Seal are ideal for securely managing this information.
CUDIS indicated that the Sui Stack will enhance performance and functionality, deeming applications like Walrus and Seal beneficial for secure data handling.
The Sui Stack integrates essential blockchain ecosystem functions into a unified architecture that includes execution, consensus, storage, networking, user experience (UX), developer tools (DX), and Maximal Extractable Value (MEV) management.
T’order and Stablecoin Payments
Sui also announced a partnership with T’order, a South Korean table-ordering service. T’order will utilize the Sui blockchain alongside a decentralized data solution known as Walrus.
The initiative aims to manage transactions and customer membership data, with plans to integrate a Korean Won-backed stablecoin set to launch on the Sui blockchain.
Christian Thompson, Managing Director of the Sui Foundation, remarked, “As stablecoin and cryptocurrency payments gain mainstream traction, we are leading this wave.” He expressed enthusiasm for T’order’s innovative partnership.
Thompson stated that this collaboration is poised to unlock opportunities in Korea’s $140 billion dining sector, significantly enhancing the experience for millions of consumers in the country.
