#USChinaTradeTalks Sui is a high-performance Layer 1 blockchain designed for speed, scalability, and security, aiming to enable a new generation of decentralized applications (dApps). Developed by Mysten Labs, it utilizes the Move programming language, originally from Meta's Diem project, to ensure secure and efficient transaction execution. A key innovation is its "object-centric" data model and parallel transaction processing, allowing many independent transactions to be processed simultaneously, drastically increasing throughput and reducing latency. This makes Sui ideal for demanding applications like gaming, DeFi, and social media, with its native SUI token used for gas fees, staking, and governance.