Blockchain firm Helium releases IoT hotspots

Frank Mong, Chief Operating Officer at Helium Inc announced on 12 June about the availability of Helium Hotspots to order for all US residents.

Frank expressed that many of the enthusiasts would have been following the company for over a year. He noted that many others would have done the same for more than a year. Frank conveyed that with this launch, everything from validation to making a dream come true, there were more things in store. While thanking the community for their support and patience, he indicated that the hotspots would be available through the Helium online store.

While emphasizing that the future is peer-to-peer Frank quoted –

“Today’s connectivity options for IoT devices fail either because of cost or complexity. To avoid these mistakes, we had to rethink our approach to connectivity. Similar to Shawn Fanning’s Napster, which changed the music industry forever, Helium intends to put connectivity into the hands of the people, igniting a generational change to the telco business model.”

Frank threw light on few inner details of the hotspot. A Helium Hotspot provides wireless access to the Internet. The nodes are intended to sustain a network of internet coverage, one which is decentralized and powered by individual contributors. Contributors are rewarded by an incentive program on the Helium blockchain. The blockchain is powered by the hotspots themselves where one hotspot is one node for the blockchain.

A Helium Hotspot provides wireless access to the Internet. The blockchain is powered by the hotspots themselves where one hotspot is one node for the blockchain.

Frank further added that the Helium Hotspot serves as the principal component of the network by providing many square miles of connectivity. He noted that there are also a number of potential use cases that go beyond typical internet services leveraging Helium’s sensors, such as using smoke or heat sensors to prevent wildfires, tracking pets, or even preventing bike theft using the location-detecting sensor.

In April, Helium announced their Alpha Testnet launched in multiple US cities. Helium noted that the alpha testnet was running in multiple US cities, and to fully test, they plan to deploy hundreds of Helium Hotspots across many more US cities moving closer to building the first decentralized wireless network.

Frank captured the versatility expressing the multitude of possibilities with the offer. He opined that with this network a large number of new opportunities could become a reality. Frank suggested that a new class of devices would emerge that can send data over miles and last for years on the same battery to make people more productive. Frank urged the general public to join the movement and help build the network.