Cryptocurrency

Canadian Tech Firm Partners with Sri Lanka Telecom for eSports, Blockchain Project

Sri Lanka Telecom and Canadian tech company Ubique Networks have partnered to launch a blockchain-powered eSports service. The two signed their agreement on November 14 at Canada's diplomatic residenc

By Ray Crawford··2 min read
Canadian Tech Firm Partners with Sri Lanka Telecom for eSports, Blockchain Project

Key Points

  • Sri Lanka Telecom and Canadian tech company Ubique Networks have partnered to launch a blockchain-powered eSports service.
  • The two signed their agreement on November 14 at Canada's diplomatic residenc

Sri Lanka Telecom and Canadian tech company Ubique Networks have partnered to launch a blockchain-powered eSports service. The two signed their agreement on November 14 at Canada's diplomatic residence in Colombo.

Ubique's Swarmio platform powers the service. Swarmio lets competitive gamers organize tournaments and play matches on servers optimized for low latency. The platform operates as the first third-party application built on the Q Network and serves more than 25,000 players across multiple regions.

Vijai Karthigesu, Ubique's CEO, said the service "will allow Sri Lankan gamers to raise their profiles to international levels." "SLT is using the Swarmio eSports platform and the Q network to deliver a powerful solution to the millennials in Sri Lanka," he told MiningPool. The company is also building a separate 5G-powered IoT application for smart cities on the Q Network.

Advertisement

728×90

Q Network operates as a distributed computing grid designed for real-time, interactive applications. The system uses custom networking technology and artificial intelligence to route data to the point where it's needed, minimizing latency. Q Node, the platform's foundational application, allows any computer owner to rent out surplus processing power. These devices become micro data centers capable of hosting game servers, IoT systems, or video conferencing infrastructure.

When a user initiates an application on the network, the system determines the optimal micro data center to run it—a laptop, tablet, or desktop—based on user location and application requirements.

Karthigesu outlined his longer-term vision: "Our vision is to build a hyper-connected compute network where user-generated personal devices are easily on-boarded and linked with one another, delivering the next generation of immersive and interactive applications." "We believe that future advancements across all fronts will be powered by a decentralized world, owned, shared and operated by the global community," he said.

Ubique launched Q Network in 2015 following Karthigesu's two decades of work developing Canada's telecom infrastructure. The company invested three years and $7 million in combined funding from the Canadian government and venture investors to create the platform. Ubique intends to launch an initial coin offering to move Q Network onto blockchain and shift toward a token-based business model.

"We are now moving both the Q network and the Swarmio application to blockchain and decentralizing the technology and tokenizing the business model," Karthigesu said.

Ubique is expanding across Asia with Sri Lanka as the first market in the region. Karthigesu noted the company is engaged in discussions with major telecom providers in Singapore, Malaysia, the Philippines, India, and Thailand. IoT companies and eSports organizations are also exploring Q Network partnerships.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

Advertisement

728×90

Related Stories

Stay informed

Verifiable crypto journalism, delivered to your inbox.

Weekday mornings. No hype. No financial advice. Just what happened and why it matters.

No spam. Unsubscribe anytime. Read our privacy policy.