Karrier One uses blockchain technology to deliver better mobile internet connections in rural Canada | VanillaPlus
Toronto, Canada – Career One Inc., a DeWI 5G blockchain network, has announced the closing of its first round of funding and satellite connection to 10 ground-based 4G nodes and future-proofed 5G in rural Canada that will enable iPhones to communicate completely off-grid to existing telecom infrastructure.
“This is disruptive technology at its finest 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,” said Samer Bishay, co-founder and CEO of Karrier One “Just as Uber changed the taxi industry, we aim to do the same with our partners in the telecom industry.”
Adds Bishay: “As all Canadian customers know, the lack of real competition in Canada’s telecom industry leads to unreasonably high prices, poor or limited service, sluggish problem-solving as exemplified by Rogers’ national outage in July 2022, and, frankly, often the abyss. customer service.”
The Karrier One development will be in phases over the next three years. First, we start by deploying infrastructure 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 on the spectrum over their lands.
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 online 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 contributing parties (the network, the gatekeepers, the radio spectrum providers).
- Karrier One allows operators to be full or partial tenants of their physical infrastructure, in a fully backwards compatible way.
- Using blockchain technology and its decentralized platform, interruptions will be a thing of the past. Karrier One allows operators to maintain 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 (€3.58 billion)] in transaction fees in 2022.”
Karrier One will offer individuals, communities and businesses the opportunity to connect 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 gatekeepers – will be motivated 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.
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 competing local central operators with infrastructure across North America, several satellite operators with frequencies issued by Innovation, Science and Economic Development Canada as well FCCand carrier-grade hardware vendors.
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