The potential use cases of blockchain technology appear to be Gaining Pace in the Telecom Sector. London-Based World Mobile Group is a firm that AIMS to Globalise Decentralized Web3 Networks. Founded in 2018, the company says its mission is to deliver high-quality web connectivity through a decentralized hybrid network that is 12 times more cost announcere Kilometre of Coverage. The World Mobile Network States that it Currently offers services in Zanzibar, Pakistan, UK, and the Us.
How World Mobile’s Network Works
The network, raather than being powered by traditional telecom servers, Runs on a Blockchain Network. At the time of its launch, a layer-2 blockchain was created Atop the ethereum mainnet. This blockchain is named the World Mobile Chain (WMC) and Its Native Currency is the World Mobile Token, REPRESTED AT WMTX.
“World Mobile’s Blockchain-Based Sharing Economy Underpins Its Unique Connectivity Solution, where Decentralized Network Infrastructure is owned and owned by the people. Whether You’re Providing Mobile Connectivity as an Airnode Operator, Processing Transactions operating an Earthnode, STKING WMTX, or Mapping Network Coverage Through App, The World Moble App, There ‘ Everyone, “The Company Website saidExplaining how its users can earn wmtx rewards.
Users can also win rewards by identifying and reporting Weak Network Spots through the World Mobile App and also by managing data bundles and web3 assets on the app.
At the time of writing, the price of the wmtx token sted at $ 0.2268 (roughly Rs. 19.05), Showed data by Coingecko,
According to a blog By Depin Hub, “It (the network) uses a combination of existing infrastructure and alternative technology solutions to serve users. For example, in some area, it has tapped into ‘tv white space’ to send and receive data via unured television broadcast spectrums. In others, it has adapted space’s starlink satellite internet service for mobile customer use. “
World Mobile Launches Blockchain Infrastructure on Base Recently, The World Mobile Network Announced The launch of its blockchain infrastructure on Base, which is a layer-2 Blockchain BUMATON Ethereum. Through this step, the platform has Reportedly Closer to being recognized as the most extended Decentralized physical infrastructure network (depin) in the world.
“By Embracing Interoperability, We are not only expanding our reach but also building a through ecosystem that will revolutions the way to the world connects. Togeether, we are building a future where Anyone, Anywahere, Can Operate and Earn from a truly decentralized, Inclusive Wireless Network, “Micky Watkins, CEO, World Grouple Group Had said Commenting on the development.
(Tagstotranslate) What is World Mobile Web3 Wireless Network Cryptocurrency (T) World Mobile Network (T) Depin