Chirp joins Chainlink BUILD program to drive DePIN adoption

MONDAY, JULY 02, 2024 – Decentralized telecommunications network Chirp is delighted to announce it has joined Chainlink BUILD, an industry-leading accelerator program that will allow Chirp to significantly expand its network and drive long-term adoption of decentralized physical infrastructure networks (DePINs).

As part of BUILD, Chirp will receive key benefits, including access to and integration of Chainlink Functions to transfer off-chain DePIN data on-chain. The collaboration will also allow for secure smart contract automation, along with access to new Chainlink product alpha and beta releases, among other benefits. To qualify for these benefits, Chirp commits to providing network fees and other benefits to the Chainlink community and service providers.

Chirp, which is already active in 33 countries, is an innovative ecosystem that combines a decentralized wireless network for IoT and mobile devices with a data analytics platform that integrates device data into the blockchain.

Chirp enables individuals, known as Keepers, to own and operate network antennas, earning CHIRP tokens while providing extensive wireless coverage. Utilizing both terrestrial and satellite networks, Chirp ensures global connectivity, supports over 2,000 types of IoT devices, and is built on the Sui blockchain for efficient data handling and low-cost transactions.

Tim Kravchunovsky, founder and CEO of Chirp, says: “Joining the Chainlink BUILD program marks an important step on our journey to create a truly global, decentralized wireless ecosystem for IoT and mobile connectivity and data sharing. Our goal is to connect the greatest number of devices across the entire globe and gaining access to Chainlink’s industry-leading platform will be instrumental in helping us achieve this aim.”

The Chainlink BUILD program has incubated many successful blockchain projects, including real-time data provider Truflation, decentralized exchange Krypton and RWA tokenization protocol Lendr Network, by providing them with the tools, resources, and support needed to scale and innovate within the decentralized finance ecosystem.

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.