What is Helium Mobile? Blockchain Based Wireless Infrastructure Project

The world of crypto is not just about Bitcoin and Ethereum; there is constant innovation shaping the future of blockchain and crypto technology. One recent innovation that is attracting attention is Helium Mobile (MOBILE), a project that aims to revolutionize the way we interact with wireless networks. Through this article, we will explore what Helium Mobile (MOBILE) is, and how the MOBILE token is key in this ecosystem.

Highlights:

• Helium Mobile is a blockchain- based wireless infrastructure project operating on the Solana network . 
• With this platform, users and organizations can deploy and operate wireless networks through token incentives.  
• MOBILE is a native token in the Helium Mobile ecosystem, which acts as a utility token and governance token . As of January 15 2024, MOBILE was ranked 184th with a market cap of IDR 3.48 trillion and daily trading volume of IDR 32.4 billion, based on data from the Coinmarketcap site.

What is Helium Mobile (MOBILE)

Helium Mobile is an ambitious project focused on building a decentralized wireless network using blockchain technology. This project is designed to provide fast, secure and affordable internet connectivity to its users. By utilizing the existing Helium network, Helium Mobile aims to expand coverage and improve network quality.

Who is the Founder of Helium Mobile

Helium Mobile, part of the Helium ecosystem, was founded by Amir Haleem, Shawn Fanning, and Sean Carey. The three started Helium with a vision to create a decentralized, blockchain-driven communications network. 

The shared vision of these three founders in creating a more open, secure, and decentralized wireless network is the foundation for Helium Mobile and the entire Helium ecosystem. They leverage blockchain to overcome connectivity and security challenges in traditional wireless networks, seeking to provide innovative solutions in this digital era.

How it Works and Features

Helium Mobile works by combining blockchain technology and wireless networks to create a unique and efficient connectivity system. The following is an explanation of how Helium Mobile works and features: 

• Blockchain-Based Decentralized Network: Helium uses blockchain technology to create a decentralized wireless network. This means that this network is not managed by a single entity or company, but rather by a community of users. Every user participating in the network contributes to its operation and security.
• Hotspots and Network Provisioning: Users can participate in the Helium network by setting up their own hotspots. These hotspots function like regular wireless routers, but also act as nodes in the Helium blockchain network. By providing hotspots, users help expand network coverage and earn MOBILE tokens in return. 
• MOBILE Tokens as Incentives : MOBILE Tokens are used to provide incentives to users who contribute to the network. This includes providing hotspots, transmitting data over the network, and participation in activities that maintain and improve the network. In this way, the Helium network encourages growth and maintenance from within. 
• Use of LoRaWAN for IoT Connectivity: One of the unique aspects of Helium is its use of LoRaWAN (Long Range Wide Area Network) technology, which is well suited for the Internet of Things (IoT). This allows IoT devices to connect to the internet via the Helium network with low power consumption and wide range.
• Proof-of-Coverage (PoC): A unique consensus algorithm used by LoRaWAN and 5G subnetworks, which rewards participants for verifying wireless network coverage.
• Security and Privacy: Since Helium is a decentralized network, it offers higher security and privacy compared to traditional networks. Data passing through the Helium network is encrypted and secure, reducing the risk of cyberattacks and data breaches.
• Interoperability and Scalability: Helium is designed to easily integrate with existing networks and devices, and is easy to scale. This allows Helium to grow and adapt as technology and user needs evolve. 
• Public Use and Access: End users can access the Helium network via compatible devices, enjoying the benefits of a broad, low-cost wireless network. 

Overall, Helium Mobile brings innovation to the way we access and use wireless networks, by harnessing the power of blockchain technology to create a more secure, efficient, and user-friendly system.

Tokenomics and Use of Tokens

MOBILE is the governance token on Helium Mobile. These tokens not only serve as currency in the Helium ecosystem but also as incentives for network participants. Users who contribute to the network - whether through providing hotspots or other active participation - will be rewarded in the form of MOBILE tokens. This creates a sustainable ecosystem, where each participant has a role and incentive to maintain and develop the network.

The total supply of MOBILE tokens is 200 billion tokens and at the time of writing, the total supply of tokens circulating on the market is 80.78 million MOBILE. As of January 15 2024, Helium Mobile (MOBILE) was ranked 184th with a market cap of IDR 3.48 trillion and daily trading volume of IDR 32.4 billion

Conclusion

Helium Mobile is not just about internet and digital assets, it is about making wireless internet better for everyone. Helium Mobile is a project that uses the latest technology to create a secure and accessible network, where everyone can connect and share more freely. It's not just about technology, it's also about making our world more connected and empowering people. 

Helium Mobile is a big step towards a future where the internet is more than just a tool, but a way to make real changes in everyday life.

How to Buy MOBILE Tokens on Bittime

You can buy and sell MOBILE tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti. MOBILE is available on Bittime with MOBILE IDR pairing.

To be able to buy MOBILE/IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make MOBILE purchases in the application. More Complete Guide How to Buy MOBILE on Bittime

Monitor price chart movements for Helium Mobile (MOBILE), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime. 

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.