The decentralized peer-to-peer (P2P) 5G wireless network Helium announced on Tuesday, October 26, Helium partnership with Dish Network.
DISH has turn into the first telecom operator in the telecom industry to join the Helium 5G network ecosystem. This cooperation will expand the Helium node and deploy their own Helium 5G CBRS-based hotspots with dish customers whereas receiving HNT token rewards.
Helium network, based in 2013, is the world’s first peer-to-peer LoRaWAN wireless IoT network, also called “The People’s Network”.
Frank Mong, Chief Operating Officer of Helium, commented on the collaboration:
“Dish understands the potential blockchain can have on the wireless business, and as the first major service to join The People’s Network, this partnership is real validation that the HNT incentive model is a powerful tool for deploying infrastructure at scale.”
Related: Partnership Between Cardano and DISH Network, The American Telecom Service Provider
Earlier, Helium 5G was authorized by the community to provide connections for high-bandwidth devices such as cellphones. FreedomFi predicts that Helium 5G can span more than 40,000 small cells by the end of 2022, making it bigger than many small cell networks to date.
More and more network suppliers and operators or IoT companies, including Volvo and Cisco, hope to increase 5G roaming providers for their prospects on the Helium network.
The HNT token surged 42.2% to a daily high of $23.50 on October 26. Based on Coinmarketcap, the HNT token was up 13.26% in the past 24 hours, At the time of writing, HNT was trading at $24.56.
As reported by Cmnnews on August 11, The Helium Network, supported by Andreessen Horowitz, raised $111 million via the sale of its native token (HNT).
Source: Blockchain News
