DePIN project Chirp Launches Testnet to Power Decentralized IoT

DePIN project Chirp Launches Testnet to Power Decentralized IoT - Corporate Press Release - News

Kingstown, St. Vincent and the Grenadines, March 15th, 2024

Chirp Network Announces Launch of Most Comprehensive Decentralized IoT Network on Sui Blockchain with Mobile Capabilities to Follow

Chirp Network, a new Decentralized Physical Infrastructure Network (DePIN), is thrilled to announce the launch of its testnet on the Sui Blockchain as it unveils a groundbreaking IoT network that outperforms other decentralized telecommunications protocols, such as Helium. The team behind Chirp has been diligently working for the past two years to construct a keyboards telecommunications network utilizing Internet of Things (IoT) technology. With a Radio Access Network (RAN) already deployed in 30 countries, Chirp is poised to connect an unprecedented number of devices with the blockchain.

Revolutionary IoT Network Connecting the Largest Number of Devices

Current decentralized IoT networks, including Helium, offer connectivity for only one type of communications protocol (LoRaWAN), which significantly limits the number of users and devices that can be onboarded. Chirp, however, offers a full suite of services designed to simplify the process of onboarding most IoT devices in the market.

Chirp Network’s Comprehensive Ecosystem

Chirp’s ecosystem is powered by a Communication Platform as a Service (CPaaS) platform and a multi-protocol gateway device named the ‘BlackBird.’ Chirp’s pioneering gateway can connect an extensive range of IoT devices, including LoRaWAN, cellular IoT, and close-range residential systems. Moreover, it provides the world’s first LoRa 2.4 GHz public global network. Over 1,500 IoT devices are currently supported by Chirp Network.

Unifying Disparate Wireless Systems

The founder and CEO of Chirp, Tim Kravchunovsky, shared his perspective on the launch, stating: “The current state of keyboards technology is fragmented. There are numerous technologies and protocols that are not interconnected, resulting in inefficiencies and limiting the potential applications of IoT and mobile technologies.” With Chirp’s DePIN, we are not just building another network but unifying these disparate systems under a single, decentralized framework. This approach enables us to offer a comprehensive keyboards solution that was previously beyond the reach of traditional telecom companies.

Game-Changing Wireless Solution Powered by Blockchain

Kravchunovsky continues: “By leveraging blockchain technology, we can securely and efficiently manage various devices and data types, from LoRaWAN to cellular. This is the power of DePIN – it’s a keyboards-changer for the industry and a significant step forward in realizing the full potential of global connectivity.”

Innovative Layer 1 Blockchain for Chirp’s IoT Network

Chirp will be launching its testnet on Sui, the cutting-edge Layer 1 and smart contract platform developed by the team behind Meta’s Diem project. Sui is uniquely positioned to enhance the speed, privacy, security, and accessibility of digital asset ownership. Unlike its competitors, Sui employs an innovative object-centric approach that allows concurrent transaction processing, ensuring sub-second transaction finality (typically around 480 milliseconds) and the ability to support intricate on-chain assets. Sui’s architecture is designed for horizontal scalability in processing and storage, offering unparalleled application support with exceptional speed and affordability.

Partnership Between Chirp and Sui

Greg Siourounis, managing director of the Sui Foundation, expressed his admiration for Chirp’s advancements in decentralized telecom, stating: “The work that Chirp has done to advance the technology underlying decentralized telecom is impressive and provides a robust foundation for the next generation of IoT networking. We are proud to work with this team and to have them as part of the growing community leveraging the industry-leading speed and scale of the Sui network to address real global challenges.”

Participating in Chirp’s Testnet Launch

Select users will be able to participate in Chirp’s testnet launch. Users with a BlackBird miner should ensure their SUI wallet is connected to Chirp and that Testnet is selected. As the Testnet launches, they will receive separate email communications from Chirp detailing their specific role during the Testnet period.

About Chirp Network

Chirp is a visionary decentralized, physical infrastructure network (DePIN) founded by a team of seasoned telecommunications experts. Its mission is to connect the most devices with the blockchain under one revolutionary network and CPaaS platform. Chirp focuses on Internet of Things (IoT) and mobile technologies, aiming to redefine the future of keyboards communication.

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Based on the “Move” programming language, its object-centric model enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports many applications at unrivaled speed and low cost. Sui is a significant advancement in blockchain technology and a platform on which creators and developers can build amazing, user-friendly experiences.

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