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Thursday, August 08, 2019

Helium: a Wireless Network for a Coin

Here is a new thing, the users pay for service with cryptocurrency.  Cryptocurrency as token of service payment?

Helium’s trial balloon: A new peer-to-peer wireless network goes live in Austin
Napster creator Shawn Fanning’s new company Helium flips the switch on an innovative wireless network for the Internet of Things.

By Guillermo Jimenez in decrypt.co

There’s a new way for Internet-of-Things devices to connect to the digital world—a low-power, wide-area network that no single entity controls, called Helium.

Nicknamed “the people’s network,” Helium is owned and operated by the network’s users, who earn money in the form of a new cryptocurrency, in exchange for providing coverage to the network. .... " 

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