Sui and Mesh join forces to bring simpler transactions around the Sui ecosystem
Grand Cayman, Cayman Islands, May 23, 2024, Chainwire.
With the addition of the Mesh platform, Sui Wallet gains product parity with the world's largest self-sustaining wallets, while Mesh now supports the Sui token domestically.
Sui, the pioneering Layer 1 blockchain and mesh offering industry-leading performance and infinite horizontal scalability, the leading embedded financial solution for crypto, today announced the integration of Mesh's seamless digital asset transfer and account aggregation technology with Sui Wallet and more. Wallets in the Sui ecosystem that accept device usage.
With Mesh Integration, Sui Wallet users can view their combined asset balances across hundreds of exchanges and wallet platforms and transfer those assets in a one-click experience, all without leaving the Sui Wallet interface. As Sui's technology stack continues to differentiate itself from other blockchains, this unique integration adds new capabilities for communication, scaling, asset management, and direct exchange within the Sui network's native wallet. The wallet device is expected to go live this year.
Building on wallet integration, Mesh now supports the SUI token across all of its products, facilitating seamless digital asset transfers, payments, billing and token trading across over 300 leading crypto wallets and exchanges.
In the year Founded in 2020, Mesh has quickly established itself as a leader in branded finance. The company recently partnered with major platforms such as CoinDCX and MetaMask and was trusted by PayPal Ventures and made strategic investments in startups using the PYUSD stablecoin.
According to Greg Siouronis, Managing Director of the Sui Foundation, “Mesh Tool provides a significant technological advantage to wallet providers in the Sui ecosystem and provides the Sui community with a wallet experience unmatched by other blockchains. It will increase the accessibility of native wallets and drive the growth and adoption of any network.” They're basic, and Swi now has a clear edge in that regard.
This latest collaboration with Mesh delivers Sui's unique technology implementation for developers and users, making it easy to adopt and accessible to end users at both the enterprise and retail level.
For example, zkLogin is an on-chain authorization, unique to Sui, that allows users to authenticate with decentralized applications using traditional OAuth providers like Google and Twitter, and avoids the hassle of managing wallet addresses and pedigrees. zkSend is a Sui-only app that uses zkLogin to allow users to send and claim tokens by sharing or clicking a link. With these innovations, along with mesh integration, Sui is now able to deliver the most advanced and seamless user experiences in the industry.
“Our partnership with Sui opens up powerful tools and interoperability for the millions of wallets on the Sui Network and represents a critical step forward in our mission to build a more connected and secure financial ecosystem,” said Bam Azizi, co-founder and CEO of Mesh. “This is our first direct integration with a major Layer 1 blockchain wallet, and soon, wallets in the Sui ecosystem will integrate with the Mesh platform, creating a much better experience for users around the world.”
Connect
Sui Foundation[email protected]
