Telcos Open the Door to Blockchain
Lisk’s Ethereum‑compatible Layer‑2 has teamed up with infrastructure provider The Binary Holdings (TBH), whose network connections with carriers in Indonesia and the Philippines touch more than 160 million subscribers. By plugging Lisk rails straight into everyday telco apps—where people already top up data and pay bills—ordinary phone taps will now settle directly on‑chain.
OneWave: A Wallet‑Free Express Lane
TBH will bake its OneWave Web3 hub into participating carrier portals. Customers can launch Lisk‑powered dApps without downloading a wallet or memorizing seed phrases. Transactions finalize on Lisk in the background, while BNRY—the hub’s native token—powers loyalty rewards that feel just like conventional cash‑back points.
Lowering Fees, Simplifying Onboarding
COO Dominic Schwenter argues that high gas fees and clunky sign‑ups still keep emerging‑market users on the sidelines. Because telcos already act as de‑facto payment rails, embedding Lisk inside their apps turns them into friction‑free gateways for cheap remittances, provable identity, and tokenised perks.
DAO Season 1: Builder Rewards in Sync
Running through 11 June, Lisk DAO Season 1 funds projects that:
- Grow total value locked
- Boost cross‑chain usage
- Deploy fresh smart contracts
- Advance developer education
- Prepare for an upcoming LSK‑burn vote
A Q1 airdrop added 277 K accounts and pushed TVL past $200 M, with projects like UTU Protocol and Swypt showcasing real‑world traction.
Why the Region Is Ripe
Smartphone adoption tops 80 %, remittances exceed $35 B a year, and digital wallets dominate daily life—yet banking access is patchy and cross‑border fees bite. Integrating a scalable, EVM‑compatible network at the carrier layer means low‑fee transfers and token rewards without Metamask pop‑ups.
A Template for the Next Billion
CEO Manit Parikh sees the initiative as “blockchain in your pocket.” If the rollout sticks, tens of millions could use Layer‑2 tech invisibly within trusted apps—an approach that could become the blueprint for mass Web3 adoption worldwide.
