Helium differs from many other crypto projects in that it taps into a crucial emerging market: the Internet of Things. This industry includes objects or devices that are interconnected; they can communicate with one another (over private connections) and use AI or automated services to track and use data — in turn, improving upon a process or product. In simple terms, IoT is a web of information that brings individual networks together. And it may drastically impact industrial and social infrastructure around the world in years to come. Helium’s Role in IoT Though it may sound futuristic, the Internet of Things is rapidly evolving and has already emerged as a potential solution for some of the most pressing issues we are seeing today. Given the impending global supply chain crisis so often talked about lately, IoT is not a minor innovation. While many call for more privacy controls or standardization, it has become clear that IoT offers a powerful (albeit complex) improvement in the quality of connectivity and potential use of data. Helium is the most robust decentralized network that exists to track data for IoT, where individuals are able to set up their own hotspots to mine HNT tokens. The leverage of this “people’s network” could be far-reaching, from lower costs of hardware and data transfer to extensive battery life and more. Having partnered with , their hotspots have expanded into the 5G sector, and it’s already . DISH the fastest-growing wireless network in the world Vietnam’s Nationwide Helium Network In very recent news, urban development tech company VIoT and IoT solution provider Kerlink will be working together to bring Helium’s network to local communities in Vietnam. This move may “make it possible for Vietnamese factories, businesses, cities and consumers to benefit from cost-effective, easy-to-deploy vertical wireless solutions…” says CEO of VIoT Group. “…Think AirBnB or Grab for telcos: if I have an empty room, power and internet, why would I not use it as a network tower?” (Read or listen to more of this on Matt Turck’s interview with Helium CEO Amir Haleem, .) here This could be used as a template or large-scale example of Helium’s capabilities in other countries around the globe. What’s Next for HNT Another important note here is that HNT, Helium’s native token, will split. At this juncture, the value will remain the same in USD but each HNT will equal 1000 HNT. Of course, this shift — which should occur within months — will have implications for the token, such as greater transaction volume. With all this said, it’s easy to see why Helium has been gaining traction and attention as a high-performing crypto token and, moreover, a leading tech solution. I tend to think of alternative crypto assets (outside of Bitcoin) as each having its own unique use cases, capacities, and even mini-ecosystems. Some blockchain projects may flop, subject to a feeble framework or scammy intentions, while others could potentially revolutionize our entire world. As builders, learners, investors or change-makers, it’s up to us to decide not only whether a project has value — but whether we are motivated to support and sustain its cause. Disclaimer: This is not financial advice. If you are looking to invest in any of the assets herein, we suggest that you do your own research and speak with a trusted financial professional. This article was first published here

Helium

Chain

AirBnB

Nationwide

Helium Network Adoption: A Deeper Dive into HNT

Have we Met(A) Before?

Looking for crypto video content?

Nominated for 2022 - HackerNoon Contributor of the Year - Women In Tech

Nominated for 2022 - HackerNoon Contributor of the Year - Encryption

Nominated for 2022 - HackerNoon Contributor of the Year - Cryptography

Too Long; Didn't Read

Helium Network: A Decentralized but Connected Future

Helium Network: A Decentralized but Connected Future

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

Untitled Story

5 Crypto Resolutions for 2022: Decentralizing My Life

$1B Capitalization: Meme Token Launch Strategy Under the Microscope

(1/100) Crypto Countdown: Golem

06/09/2018: Biggest Stories in the Cryptosphere

07/09/2018: Biggest Stories in the Cryptosphere

5 Crypto Resolutions for 2022: Decentralizing My Life

$1B Capitalization: Meme Token Launch Strategy Under the Microscope

(1/100) Crypto Countdown: Golem

06/09/2018: Biggest Stories in the Cryptosphere

07/09/2018: Biggest Stories in the Cryptosphere

Light-Mode

Classic

Newspaper

Dark-Mode

Neon Noir

Minty

HN StartUps