Helium Mobile

About Helium Mobile token

Helium is a blockchain system whose main aim is to enhance wireless communication technologies. It allows devices to connect wirelessly over great distances, without the need for conventional Wi-Fi or cellular networks. To help IoT devices gain connectivity, Helium is deploying nodes, or Hotspots, which mine the cryptocurrency while providing coverage. Using the Hotspots, the network utilizes a novel proof-of-coverage model for rewarding operators with Helium tokens for network coverage and device connectivity verification. This network model, while expanding its reach, also incentivizes the network and democratizes access to communication. Helium is rapidly expanding, positioning itself as a leader in low broadband areas, seeking wider adoption of smart devices. Differentiating itself in the blockchain and IoT worlds, its connectivity problem-solving approach, intertwined with a novel rewards system, is unique.