Mapping Network is helping build and distribute decentralized network infrastructure. Telecommunication companies have a monopoly on communication networks. The Helium project is a disruptive new wireless technology that flips the traditional telecom model of building wireless infrastructure on its head.
Technology continues to advance rapidly while networks are complicated, expensive, time consuming and use many valuable resources. This project is an early adoption to a new type of technology that could change the way our future infrastructure is paved. A project that would take telecommunication giants in the industry decades to accomplish, can be achieved much faster based on this concept. The Mapping Network will help build this network and thus be rewarded by doing so.
The Internet of Things (IoT) describes physical objects, that are embedded with sensors, processing ability, software, and other technologies, and that connect with other devices and systems over the Internet or other communications networks.
The IoT is a giant network of connected things and people – all of which collect and share data about the way they are used and about the environment around them. This network allows for communication with devices without a personal network like your cellphone data plan.
The Helium Project is a fast growing distributed network of long-range wireless hotspots which is helping onboard consumers and businesses into the IoT. The Helium Hotspot provides hundreds of square miles of connectivity globally and can transmit data at a fraction of the cost of a cellular network. The Helium Project since launching they have become the largest international telecommunication company in the world. They accomplished this by leverage these Helium Hotspots and incentivizing users to contribute to the network. These devices are located in 37,856 cities in 160 different countries.
Powered by the Helium Blockchain, Helium enables anyone to be rewarded in cryptocurrency, HNT, for becoming a network operator and providing connectivity for a new class of Internet of Things (IoT) devices.