Karrier One launches user-owned global decentralized wireless network leveraging blockchain technology with affordable, reliable mobile and internet connections

Karrier One launches user-owned global decentralized wireless network leveraging blockchain technology with affordable, reliable mobile and internet connections

The stimulus comes from a lack of competition in Canada, high prices, limited service and lousy customer support

Karrier One Inc., a DeWI 5G blockchain network, today announced the closing of its first round of funding and the successful satellite connection of 10 ground-based 4G nodes and future-proofing 5G in rural Canada that enables iPhones to communicate completely off the current grid. telecom infrastructure.

This press release contains multimedia. See the full release here:

“This is disruptive technology at its best and is sure to shake up the Canadian and global telecom market. We will soon be providing wireless connectivity to millions around the world in underserved areas, including Indigenous Canadians,” says Samer Bishay, Karrier One co-founder and CEO . “Just as Uber changed the taxi industry, we aim to do the same with our partners in the telecom industry.”

Bishay adds: “As all Canadian customers know, the lack of real competition in Canada’s telecom industry leads to unreasonably high prices, poor or limited service, lackluster problem-solving as exemplified by Rogers’ national outage in July 2022, and, quite frankly, often abysmal customer service. ”

The Karrier One development will be in phases over the next three years. First, we start by deploying infrastructure immediately with key business partners and underserved areas across Canada, including Indigenous communities who own sovereign land rights but without the ability to monetize the air rights to the spectrum over their lands.

As we continue to expand in Canada, we will roll out services in the US, Kenya and other countries, particularly underserved areas where the impact of what we build is greatest.

See also  Lamina1 Presents the First "Open Metaverse Conference" Connecting the Blockchain World and Metaverse for a Next Generation Internet

How the Karrier One blockchain works:

  • Selected users – also known as Mobile Independent Network Operators (MINOs) – become Gatekeepers by owning and operating professional radio equipment and nodes called Gateways that they can order as a set through the web portal.

  • Consumers and businesses pay a fraction of the standard connection rates they are otherwise used to, through a “freemium service” pricing model, which includes crypto-tokens. For example, blockchain is ideal for mining companies in underserved areas compared to traditional telcos.

  • The resulting revenues are shared fairly and transparently between contributors (the network, the gatekeepers, the radio spectrum providers).

  • Karrier One allows operators to be full or partial tenants of their physical infrastructure, in a seamless and fully backwards compatible way.

  • By using Blockchain technology and its decentralized platform, interruptions will be a thing of the past. Karrier One allows operators to maintain 99.999% true uptime, unlike other traditional telecom infrastructure.

“Blockchain adoption is growing exponentially and provides a viable solution for building a truly decentralized global telecom,” says Bishay. “For example, the Ethereum blockchain has generated $3.9 billion in transaction fees by 2022.”

Karrier One will offer individuals, communities and businesses the ability to connect seamlessly with each other where complete trust is built in, privacy and transparency are ensured, and users are empowered owners of their identities.

At a basic level, users – or Gate Keepers – will be encouraged to create hot spots on their properties with technology equipment and antennas that emit small amounts of data using radio frequencies. The more a hot spot is used by others, the more help symbols will be sent to the owner of the hot spot.

See also  Cboe Joins Pyth Network to Bring Market Data to Blockchain

Users not only receive tokens that reduce wireless bills, but they are basically network owners.

“Our goal is to decentralize wireless infrastructure and democratize mobile network access by creating a new type of telecommunications layer,” says Bishay. “We see the need for these networks globally and we want Canada to be at the forefront and hub of this technology.

“As blockchain expands across the telecom world, wireless customers, especially those in Canada, should experience better service at lower prices as blockchain technology breaks down monopoly barriers and unjustified higher premiums currently possible in Canada due to a lack of competition.”

Karrier One partners with competitive local central operators with infrastructure across North America, multiple satellite operators with frequencies issued by Innovation, Science and Economic Development Canada and the FCC, and carrier grade hardware vendors.

About Career One

Karrier One is the first carrier-grade decentralized mobile network that connects smartphones and users seamlessly and anonymously using the Karrier One blockchain. Karrier One is the only network of its kind that operates micro-networks or mobile independent network operators that are agnostic to frequency or spectrum limitations.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *