Hassan Maishera
On Thursday, the Sui Foundation announced via X that SAGINT has selected Sui as its Layer 1 blockchain partner. SAGINT is building tokenized, traceable digital assets for critical minerals.
SAGINT helps ReElement Technology tokenize critical minerals like neodymium, the chemical element used to make high-powered magnets. It’s used in audio equipment like loudspeakers, headphones, and microphones as well as other electronics, even hybrid cars.
Because tokens on Sui are mutable objects, these tokenized critical minerals can change with their real-life counterparts – while still ensuring the lifecycle provenance stays intact.
As such, tokenized minerals on Sui can be tracked from mine to warehouse to refinery, ensuring end-to-end transparency for government, defense, and infrastructure customers.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is up 6.4% in the last 24 hours, trading at $1.651 per coin.
