The inception of decentralized wireless networks
Quick Take
- Helium, which has been around since 2013, has sought to improve connectivity across electronic devices by means of a peer-to-peer (P2P) network
- After the introduction of their token, HNT, in 2019, Helium started seeing meaningful traction in their business model
- Since then, Helium has grown in adoption and boasts one of the largest decentralized networks in the blockchain space
- As a result, a handful of related projects have started entering the decentralized wireless (DeWi) space in an attempt to capture some of the market share
- DeWi is a relatively new technology, but with the accomplishments in the blockchain space thus far, it is possible that they could significantly impact certain industries today, such as telecommunications
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Author: Arnold Toh
