Decentralized Networks Are The Future Of Telecoms, Should Telcos Be Worried? Part One - News Summed Up

Decentralized Networks Are The Future Of Telecoms, Should Telcos Be Worried? Part One


The telecoms industry has been largely unchanged, and controlled by the same few telcos, for ... [+] decades. Opening up, straight from the sourceHelium, a San Francisco-based company building a decentralized wireless network, wants to be the open-source insurgent that breaks up the telco party, by removing the baked-in bureaucracies and aging infrastructure from the equation. Just another block in the chainClearly, alongside grand ambitions to revolutionize the internet (Helium brands itself as “The People’s Network”), Haleem understands that egalitarianism also needs to be enticing. Because telcos are set up to serve consumers, “IoT has become the most underserved area of telecoms, period,” says Haleem. Part two of this article will dive into the world of enterprise connectivity, and explore how the future of telecoms could be transformed for consumers, IoT users, and the largest enterprises.


Source: Forbes November 20, 2020 14:15 UTC



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