Source: blockchain.news
Sui has been selected to serve as the official blockchain partner for Oracle Red Bull Racing.
Oracle Red Bull Racing Validator will be available on Sui thanks to a collaboration between the team and Mysten Labs.
Mysten Labs, which was the first partner on the project, will be in charge of managing and operating the validator.
In order to improve the Sui protocol, Oracle Red Bull Racing Validator will participate in the process of reaching consensus across the network. This will help ensure that the blockchain is filled with only real data.
Oracle Red Bull Racing Team Principal and CEO Christian Horner commented that the team was one of the first users of blockchain technology in Formula One. He noted that the company saw the potential of the technology to link fans of everyone with the team in an innovative and forward-thinking way.
This experience will be enhanced by the cooperation with Sui, which will make accessing it simpler, safer and more interesting.
They are pleased to support Oracle Red Bull Racing at this exciting time as the team investigates novel approaches to building connections with fans.
Oracle Red Bull Racing Validator was released after the team decided in June 2023 to make Sui its official blockchain partner as part of a multi-year deal with Mysten Labs to develop Sui.
Sui is the first layer 1 blockchain and smart contract platform of its kind. Its purpose is to enable ownership of digital assets quickly, privately, and securely, while making them available to everyone. Parallel execution, split-second completion, and rich on-chain assets are made possible by its object-centric approach, which is based on the Move programming language.
Since the inception of the FIA Formula One World Championship, Oracle Red Bull Racing has consistently proven to be one of the most formidable teams in the competition.
The team has become one of the most successful teams in Formula One as a result of their enthusiasm, joy, ambition and extraordinary success. They are recognized as one of the most successful teams in the sport.
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