Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Readii Unveils Pay-to-Browse Web3 Internet Service in Australia

Readii Unveils Pay-to-Browse Web3 Internet Service in Australia

Kelly Cromley by Kelly Cromley
Apr 29, 2023
in Market News, News
Reading Time: 2 mins read
0

Readii, an Australian startup, has launched with the goal of pioneering a new segment of the telecoms industry by using web3 technology. The company’s leaders have backgrounds at both Telstra and Stripe. Readii, a Sydney-based telecommunications firm, has launched a new web3-enabled Internet service. Users can make cryptocurrency simply by surfing the web thanks to this service.

The launch of Readii aims to bridge the gap between web3 and cryptocurrency and home internet access. It also seeks to make cutting-edge innovations available to the public. To enter the web3 domain, one must usually pass a difficult initiation process that requires knowledge of a complex language and a relatively new technical infrastructure.

By eliminating entrance barriers like lengthy cryptographic keys and high gas costs, Readii strives to make web3 more accessible and legitimate. The core of this business is the company’s proprietary router, which is based on Web3 technology. This router not only connects users to the internet but also protects their private cryptographic key, making it simple to conduct cryptocurrency transactions over the network.

The router’s built-in security features, such as multi-party computation (MPC), further ensure that the key is never lost or stolen. In exchange for their participation in the Readii network, users are given 10% of the company’s native token, $RDI, a cryptocurrency. Customers may redeem this token for a discount on their monthly internet subscription, or they can mine it for cryptocurrency incentives. Readii tokens may be bought and sold for both Bitcoin and ether. In addition, internet service subscriptions may be purchased using cryptocurrency.

Customers will also be able to use a router-compatible mobile app to maintain their web3 identities and make use of their credentials on the go. In addition to his role as a co-founder at Stables, Daniel Li is also a co-founder of the aforementioned venture. Users may put their stablecoins to use immediately using the company’s digital Mastercard. Before that, he founded two successful technology companies in Australia: ReadiiNet and ReadiiTel. Readii’s second co-founder, Mark Collins, now serves as the company’s chief product officer. Before joining Stripe, he had positions at Zip Co. and SiteMinder.

Li said the telecom sector is open to new ideas and disruption. Before now, there was not much of a difference between ISPs because of how well the NBN Co network in Australia and similar networks elsewhere worked. We will be able to provide real economic benefits to our Australian customers by using web3’s features. According to Collins, “Readii provides a tangible way for clients to engage with web3.” This is true not only for those who make money in the cryptocurrency industry but also for those who want to learn more about and take part in the rapidly developing technologies that are rapidly becoming an integral part of modern life.

Readii’s nationwide rollout in Australia is expected to be completed by the end of June 2023. When the time comes, we will let you know all you need to know about the token airdrops. RDI will be distributed with support for other cryptocurrencies in the coming months.

Previous Post

Mastercard Introduces Blockchain Based Interaction Verification Standards

Next Post

AI and Blockchain Platform Ojamu Unveils Blockchain Insight Solution Alphie

Related Posts

BTQ Technologies

BTQ Unveils Quantum PoW Simulator for Digital Asset Security

by Kelly Cromley
Jul 8, 2025
0

BTQ Technologies Corp., a global leader in quantum technology, has launched its Quantum Proof-of-Work (QPoW) Simulator, a publicly accessible platform...

Pundi AI

Pundi AI Transforms Datasets into Tradeable Crypto Assets

by Kelly Cromley
Jul 8, 2025
0

Singapore-based Web3 firm Pundi AI has introduced a novel feature called Data Pump, designed to convert AI training datasets into...

terminus network partners with velmora

Terminus and Velmora Join Hands to Advance IoT and DeFi Synergy

by Kelly Cromley
Jul 8, 2025
0

Terminus, a leading player in the crypto exchange sector, has unveiled a new strategic partnership with Velmora, a platform recognized...

aurora-mobile-partners-with-hashnut

Aurora Mobile Partners with HashNut to Advance Web3 Payments

by Kelly Cromley
Jul 8, 2025
0

Aurora Mobile Limited, a prominent player in China's customer engagement and marketing technology sector, has entered into a strategic partnership...

qitmeer-partners-with-catalyst-ventures.

Qitmeer and Catalyst Ventures Unite to Drive Ethical Web3 Growth

by Kelly Cromley
Jul 8, 2025
0

Qitmeer Network, a forward-looking public blockchain platform rooted in Islamic finance principles, has formed a strategic partnership with Catalyst Ventures,...

etherscan-unveils-hyperevm-scan

Etherscan Launches HyperEVM Scan to Boost Web3 Transparency

by Kelly Cromley
Jul 8, 2025
0

Etherscan, widely regarded as a leading blockchain data provider for the Ethereum network, has introduced a new dedicated block explorer...

Next Post
AI and Blockchain Platform Ojamu Unveils Blockchain Insight Solution Alphie

AI and Blockchain Platform Ojamu Unveils Blockchain Insight Solution Alphie

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

BTQ Technologies
Market News

BTQ Unveils Quantum PoW Simulator for Digital Asset Security

by Kelly Cromley
Jul 8, 2025
Pundi AI
Market News

Pundi AI Transforms Datasets into Tradeable Crypto Assets

by Kelly Cromley
Jul 8, 2025
terminus network partners with velmora
Market News

Terminus and Velmora Join Hands to Advance IoT and DeFi Synergy

by Kelly Cromley
Jul 8, 2025
aurora-mobile-partners-with-hashnut
Market News

Aurora Mobile Partners with HashNut to Advance Web3 Payments

by Kelly Cromley
Jul 8, 2025
qitmeer-partners-with-catalyst-ventures.
Market News

Qitmeer and Catalyst Ventures Unite to Drive Ethical Web3 Growth

by Kelly Cromley
Jul 8, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree