Karrier One Unveils Revolutionary Karrier Number System (KNS) on Sui Network

MARKHAM, Ontario--(BUSINESS WIRE)--Karrier One is proud to announce the launch of the Karrier Number System (KNS) on the Sui network. As the first of its kind, KNS is set to redefine the standards by helping bridge Web2 and Web3 communities. KNS integrates account verification, SIM swap protection, and Know Your Customer (KYC) processes into a single seamless platform.

KNS leverages cutting-edge technology to offer unparalleled security and convenience for users. With KNS, users can easily create accounts using their telephone numbers through zkLogin by Sui or traditional crypto wallets, ensuring a smooth and secure onboarding process. This innovative system brings a new level of trust and efficiency to the Sui ecosystem and the crypto industry in general, providing telecom operators, financial institutions and other heavily regulated industries with the following key features:

• Account Verification: Verify account on different Web2 and Web3 platforms using your KNS phone number
• Crypto Transactions with Phone Numbers: Link your phone number to your crypto transactions for an added layer of security and convenience.
• KYC for Wallets and dApps: Simplified KYC processes ensure compliance without compromising user experience.
• SIM Swap Protection: Robust security measures protect users from SIM swap attacks, safeguarding their digital assets.
• Advanced Call Protection: Robust protection against spam and scam calls by verifying the authenticity of each caller through blockchain, offering a more secure and tamper proof solution
• Seamless Asset Management: Manage real-world assets such as vehicles or aircraft, enabling secure, automated transactions, maintenance scheduling, and usage-based services through blockchain technology, all while leveraging the simplicity and universality of a phone number as a standard address system and personal identifier.

“We are thrilled to launch the Karrier Number System on Sui,” said Samer Bishay, CEO of Karrier One. “Our goal is to set a new standard for KYC wallets across the Web 2 and Web3 industry. By integrating multiple layers of security and user-friendly features, we are bridging the digital divide between Web2 and Web3 users through a universal identifier: the telephone number. This solution allows 5 billion Web2 users to leverage Web3 capabilities without the technical hurdles or concerns typically accompanying blockchain technology.”

“The Karrier Number System on Sui is a significant step forward in enabling mainstream adoption of decentralized telecom,” said Evan Cheng, Co-Founder and CEO of Mysten Labs, which developed the Sui Network. “By making complex blockchain functionalities accessible through a personal identifier as universally accepted as a phone number, it opens the door for billions of users to participate in Web3 ecosystems with confidence and ease”

The KNS platform is designed to cater to the evolving needs of the tech community and beyond. Whether it is a telecom operator seeking to enhance margins by offering value-added services and additional layers of protection to its end users, or a financial institution aiming to provide its customers with peace of mind from identity fraud, KNS delivers a secure and efficient way to manage digital identities and transactions. KNS offers a comprehensive solution that combines top-notch security and ease of use, bridging the gap between Web2 and Web3 for both seasoned enthusiasts, newcomers or even mobile network operators and Fintech companies.

For more information about the Karrier Number System and how to get started, visit https://karrier.one/

About Karrier One

Karrier One is the first carrier-grade decentralized mobile network that connects smart phones and users seamlessly and anonymously using the Sui blockchain. Karrier One is the only network of its kind to power Micro Networks or Mobile Independent Network Operators agnostic of any frequency or spectrum limitations.

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. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences. For more information about Sui, please visit https://sui.io.