Helium (HNTUSD) is a decentralized blockchain network that powers wireless connectivity for Internet of Things (IoT) devices and mobile communications. Unlike traditional telecom infrastructure owned by corporations, Helium flips the model by allowing individuals to build and operate the network infrastructure themselves.
The network operates through physical devices called “Hotspots” that users deploy to provide wireless coverage. These Hotspots act as miniature cell towers. Hence, Helium creates a people-powered wireless network that operates globally. In return for providing coverage, Hotspot operators earn rewards in HNT, the network’s native token. Helium’s Proof of Coverage (PoC) validates Hotspots.
