Hassan Maishera
On Thursday, the Sui Foundation announced via X that it has partnered with Gorae to bring 50,000+ chargers onchain in South Korea starting this year. The move will turn verified charging activity into a more investable asset class, with expansion planned across APAC, Europe, and North America.
Gorae’s use of Sui and Walrus allows an EV charging session to execute as a simultaneous payment and verifiable record, with no hardware upgrades needed.
Working with one of the country's largest charge point operators, Gorae uses Sui to settle payments and Walrus to turn each charging session into a verifiable record, in a single transaction.
Going onchain via Sui and Walrus introduces:
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One shared record that drivers, operators, utilities, and asset owners can verify without a middleman
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Multi-party settlement that pays everyone in a single atomic transaction
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Verified records that capital markets can actually underwrite
Gorae will begin phasing its South Korean network onchain in the second half of 2026, followed by expansion across the wider Asia-Pacific region, Europe, and North America.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. It is a groundbreaking layer-1 blockchain platform designed to support the needs of global adoption by offering a secure, powerful, and scalable development platform. At its core, Sui leverages a novel object-centric data model and the secure Move programming language to address inefficiencies prevalent in existing blockchain architectures.
On top of strong technical foundations, Sui prioritizes user experience by eliminating barriers commonly associated with blockchain interactions. Through innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui creates a higher standard for user experience within Web3 by ensuring applications are accessible and user-friendly.
Sui’s innovative architecture offers low-latency transactions with stable transaction fees, high throughput through horizontal scaling and parallelized execution, and empowers developers with powerful capabilities and tools to craft the next generation of Web3 applications.
At the heart of Sui's uniqueness lies its object-oriented design, offering a new way of developing on blockchain. Offering powerful capabilities in a way that ensures deep composability with important developer and user safety measures. As everything on Sui is an object, the ability to define object types allows developers to create objects tailored to their application needs with inherent network-wide compatibility. This changes how assets and protocols can work together to create greater products with broad composability.
SUI is down 2.8% in the last 24 hours, trading at $0.7428 per coin.
