Sui Network Expands to Vietnam Programming and Gaming Trends

    By

    Triparna Baishnab

    Triparna Baishnab

    Sui Network is entering Vietnam, a growing Web3 hub with a strong IT workforce, to tap into the blockchain gaming industry powered.

    Sui Network Expands to Vietnam Programming and Gaming Trends

    Quick Take

    Summary is AI generated, newsroom reviewed.

    • Vietnam’s Web3 Potential: With a young and growing IT workforce, Vietnam is becoming a key player in the blockchain ecosystem, with blockchain gaming leading the way.

    • Sui Network’s Innovation: Sui uses the Move programming language, which enhances transaction throughput and scalability, making it ideal for fast-paced applications like blockchain gaming.

    • Blockchain Gaming in Vietnam: Games like Axie Infinity are pioneers in Vietnam's blockchain gaming scene, which is expected to be a major part of the digital economy's growth.

    • High Transaction Capacity: Sui's ability to process 120,000 transactions per second (TPS) distinguishes it from other Layer 1 blockchains, positioning it to support future Web3 applications.

    Sui Network is entering the Vietnam environment, one of the major Web3 hubs. In this nation, blockchain ecosystem is flourishing. Vietnam is an ideal destination because it has plenty of young people and high IT workforce. Indeed, there are 2.5 million IT personnel in the country as Tiger Research revealed in 2023. Blockchain games, represented by such a game as Axie Infinity, are in the vanguard. The launch of Sui Network is an indication that it would like to venture into this expanding industry. The fact that the company employs the Move programming language sets it apart among other Layer 1 blockchain solutions.

    Move Programming Language: Powering the Sui Blockchain

    It is based on a novel blockchain tool called Move programming language. Move is based on high throughput of transactions and scalability. This qualifies it to be suitable in such applications that are on high speed like blockchain gaming. Move language allows one to implement complicated smart contracts at minimal latency. This is important especially in such areas as gaming where speed and efficiency counts. When put to testnet, Sui is capable of processing 120,000 transactions per second (TPS). The throughput makes a difference between Sui and other Layer 1 protocols whose TPS is usually significantly less. High transaction capacity makes Sui a distinct blockchain on the market, and it has the capability of supporting future needs of Web3 applications.

    Blockchain gaming is one of the growing industries rapidly and Vietnam is one of the countries performing well in this industry. As it was previously stated, the games such as Axie Infinity are pioneering. The games that experience the blockchain concept enable the player to gain cryptocurrency when they engage in the game economy. As the digital economy of Vietnam is developing fast, blockchain gaming can be expected to be a substantial component of this revolution. Statista predicts that blockchain adoption is at 2.3 billion in Vietnam till 2027. This is a thrilling prospect of projects such as Sui to venture into the market. Blockchain games are the next trend that should encourage the development of Web3 in Vietnam.

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