Highlights
• Helium 5G gets increased usage with a major partnership with DISH.
• The incentives opened to users of Helium 5G
• The strides of the Blockchain community to increase adoption of Blockchain technology.
About Helium
Central to the invention of any cryptocurrency by its inventor is the adoption by all and sundry for digital and real-life applications. This also was the motivation behind the invention of Helium – A decentralized 5G wireless infrastructure.
Collaboration with Dish
A giant step in this path was undertaken by the recent announcement of the partnership with DISH network two days ago. To support open source and low-cost wireless connectivity ecosystems. With DISH being the first major carrier to utilize the Helium network, unique Blockchain-based model. The partnership with DISH would only happen due to the approval of the community of the Helium 5G to enable connectivity for devices such as smartphones through the partnership of FreedomFI.
This incentivizes the customers on Dish network to run Helium nodes and earn HNT tokens in rewards by installing and sharing hotspots in homes and offices using the Citizens Band Radio Service (CBRS) spectrum. DISH network corporation connectivity company has been in existence since 1980, encouraging
"Their collaboration solidifies @DISH's positioning as a 'cutting-edge and disruptive force' in the wireless industry while lending credibility to @Helium’s efforts to create a decentralized, crowdsourced network [for] 5G."
More by @FierceWireless: https://t.co/oN0J1f13nX.
— Helium🎈 (@helium) October 27, 2021
Innovations for improved customer satisfaction.
Helium distributed wireless network has a coverage grown over 256000 LoRA – based hotspots across 22431 cities in North America, Europe, and Asia. Over 500000 additional hotspots are currently back-ordered, and more than 50 new manufacturers are waiting to be approved to build and sell Helium compatible hardware.
Dish first met with Helium about three years ago, and Helium has made quite a bit of headway since then, said Chris Ergen, head of the Dish Office of Innovation, noting the increase in the number of LoRA hotspots.
“Blockchain technologies hold tremendous potential for the wireless industry, and Helium is among the leading Innovators who have demonstrated that the Blockchain incentive works by creating the largest decentralized, unlicensed wireless network across the U.S. And as we build out Dish’s 5G facilities-based network, we will continue to look for innovative technologies and business models that complement or support our wireless business.”
The CBRS based 5G hotspots will be deployed by customers, creating opportunities for users, partners, and the entire ecosystem.
At the timing of writing this article, Helium presently trades at $26.56 and has risen by 3.82%. It has a fully dilued market cap of 5.8B $ and a 24-hour trading volume of 53M $. It is currently ranked #58 according to Coin Market Cap.
Disclaimer
Founder or owners of Coin.News may hold more than 1000$ worth of coins in HNT.