Helium HNT White Paper

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Hello and welcome to this blog post about Helium HNT White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the Helium HNT white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the Helium (HNT).

I can ensue you that, you will be able to understand every bits and pieces related to Helium (HNT) after going through the Helium HNT white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Helium HNT White Paper

Helium HNT white paper will be going to provide you, all the information that is needed to get started with Helium (HNT), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Helium (HNT).

Abstract

“ The Internet of Things is an $800 billion industry, with over 8.4 billion connected devices online, and spending predicted to reach nearly $1.4 trillion by 2021 [1]. Most of these devices need to connect to the Internet to function. However, current solutions such as cellular, WiFi, and Bluetooth are suboptimal: they are too expensive, too power hungry, or too limited in range.

The Helium network is a decentralized wireless network that enables devices anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for power-hungry satellite location hardware or expensive cellular plans.

Powering the Helium network is a blockchain with a native protocol token incentivizing a twosided marketplace between coverage providers and coverage consumers. With the introduction of a blockchain, we inject decentralization into an industry currently controlled by monopolies.

The result is that wireless network coverage becomes a commodity, fueled by competition, available anywhere in the world, at a fraction of current costs.

Our secure and open-source primitives enable developers to build low-power, Internet-connected devices quickly and cost-effectively. The Helium network has a wide variety of applications across industries.”

White Paper Link: Helium (HNT) White Paper

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