Sui and Mesh Join Forces to Deliver Simplified Transactions Across the Sui Ecosystem – Blockchain News, Opinion, TV & Jobs

adminMay 24, 2024

Grand Cayman, Cayman Islands, May 23, 2024, Chainwire

With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custodial wallet, and Mesh now supports SUI tokens natively.

Sui, a pioneering layer 1 blockchain delivering industry-leading performance and nearly infinite horizontal scaling, and Mesh, the leading embedded finance solution for cryptocurrencies, today announced that Mesh’s seamless digital asset transfer and account integration technology will be integrated with Sui Wallet and all other technologies. announced that they would be integrated. A wallet within the Sui ecosystem that adopts tooling.

Mesh integration allows Sui Wallet users to view aggregated asset balances across hundreds of exchanges and wallet platforms and transfer those assets in a one-click experience without having to leave the Sui Wallet interface. This unique integration adds a new layer of interoperability, onramping, asset management, and token exchange directly within the wallet native to the Sui Network as Sui’s technology stack continues to decouple from other blockchains. The wallet tool is expected to be released this year.

In building wallet integrations, Mesh now supports SUI tokens across all of its products, facilitating seamless digital asset transfers, payments, account aggregation, and token trading across 300+ major cryptocurrency wallets and exchanges.

Founded in 2020, Mesh has quickly established itself as a leader in embedded finance. The company has recently partnered with major platforms such as CoinDCX and MetaMask and is trusted by PayPal Ventures, which has made strategic investments in startups using the PYUSD stablecoin.

“Mesh’s tools provide tremendous technical advantages to wallet providers across the Sui ecosystem and provide the Sui community with a native wallet experience unmatched by any other blockchain,” said Greg Siourounis, Executive Director of the Sui Foundation. “Native wallets are essential to increasing access and driving growth and adoption of any network, and Sui now has a clear lead in this regard.”

The latest collaboration with Mesh continues Sui’s trend of providing unique technology implementations that make adoption easier for developers and users and make blockchain accessible to mainstream users at both the enterprise and retail levels.

For example, zkLogin is Sui’s unique on-chain authentication that allows users to authenticate with decentralized applications using existing OAuth providers like Google and Twitter that they have become accustomed to, removing the hurdles of managing wallet addresses and seed phrases. there is. zkSend is a Sui-specific application that leverages zkLogin to allow users to send and request tokens by sharing or clicking on links. As with these innovations, Mesh integration now allows Sui to deliver one of the most advanced and seamless user experiences in the industry.

“Our collaboration with Sui provides powerful tools and interoperability for the millions of wallets on the Sui network and represents a pivotal step forward in our mission to build a more connected and secure financial ecosystem,” said Bam Azizi, co-founder and CEO of Mesh. “I pay,” he said. “This is our first direct integration with a major native wallet on a layer 1 blockchain, and soon wallets across the Sui ecosystem will be able to integrate with our mesh platform, providing an even better experience for users around the world.”