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Home»Blockchain»Suku collaborates with Chainlink BUILD
Blockchain

Suku collaborates with Chainlink BUILD

2024-06-15No Comments2 Mins Read
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Suku joins the Chainlink BUILD program to accelerate the ecosystem expansion and adoption of blockchain-related money transfers internationally. This is made possible through connectivity to Chainlink’s oracle solutions and technical support. In return, SUku can offer network fees to the Chainlink community, service providers, and stakers.

SukuPay is a service built by Suku that provides a convenient method to make payments and exchange phone numbers for decentralized wallets. This covers 150 countries without the need for apps, passwords or usernames. These take the form of international money shifts between telephone numbers. Suku’s goal is to create mass usage.

Suku joined BUILD to obtain the high standard of security and reliability that Chainlink’s Oracle framework provides. Suku will gain several benefits, such as connectivity to Chainlink’s smart contract linking features with the GSMA open gateway SIM Swap API and the additional availability of Chainlink’s alpha and beta deliveries.

In turn, Suku will contribute 3% of its conventional token, SUKU, to Chainlink’s service providers and stakers.

According to Yonathan Lapchik, CEO of Suku, they will be exposed to the platform through Chainlink BUILD and accelerate Suku’s adoption process.

Chainlink is a benchmark for decentralized computing platforms powering the authentic internet. It has been responsible for initiating a huge volume of transactions by offering connectivity to real-time data, off-chain computation, and secure cross-chain interoperability to financial institutions, startups, and builders across every blockchain.

SukuPay has set itself the goal of transferring the main line action within Web3. The ecosystem provides and encourages useful tools that allow maximizing the exploitation of Web3.

See also  Sui Network surpasses major blockchains with 2.14 billion transactions in 2024

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