Helium: Blockchain-Based Wireless IoT Network  Expands to Europe

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Helium: Blockchain-Based Wireless IoT Network Expands to Europe

After it’s launch in America, the peer-to-peer crypto-powered wireless network Helium now announced its expansion to Europe. Due to an announcement shared with Cointelegraph, Helium plans to start shipping its network’s Hotspots to Europe in July.

Helium also announced the launch of Helium Tabs. These are devices that leverage the decentralized network for tracking purposes. On the official website, Helium announces that the Tabs have a battery duration of more than 6 months. The systems hotspots are both low-power wireless access points that can be accessed from up to 10 miles away and nodes on the Helium blockchain. Node operation is rewarded using the firm’s Helium (HNT) tokens. Nodes are also accessible through IoT devices that conform with the LoRaWAN low-power wireless telecommunication standard.

The purpose of the network is to allow IoT devices access to a wireless network. It also functions as an internet- gateway. On the device’s part, power consumption is very low. Devices on the network can also send transactions through the Helium blockchain.
Currently, the network features over 4,255 hotspots, mostly located in the United States. In the announcement it was claimed, that Helium’s network currently covers over 700,000 miles in 1,000 cities. These numbers are impressive, since the network was only launched about a year ago in mid-June 2019.
Helium’s CEO and co-founder Amir Haleem previously founded the P2P file sharing internet software, Napster. The software granted access was a widely used file sharing network launched in 1999. Legal action by music recording firms who accused Napster of facilitating copyright infringement caused the service to shut down in 2001.

Author: Tim Cole
Image Credit: Helium

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