Helium

Helium Network has established itself as a significant player in the IoT and wireless communication space, with nearly 1 million Hotspots deployed across more than 50,000 cities and 175 countries. The network supports both LoRaWAN and cellular wireless standards, providing a versatile and low-cost solution for IoT devices, with costs as low as $1 per sensor per year. Helium Network utilizes a Burn-and-Mint Equilibrium model, where HNT tokens are burned to create Data Credits, which are fixed in value at $0.00001 per credit. The network’s Proof-of-Coverage mechanism rewards Hotspots for providing network coverage, and these Hotspots are energy-efficient, using only 5W of energy. Helium Network has completed its migration to the Solana blockchain, enhancing its scalability and performance. The Helium 5G network is currently available only in the U.S., and the network allows for the deployment of 5G coverage through Helium 5G Hotspots. Helium Network has partnerships with major companies like T-Mobile and Dish for deploying 5G coverage and supports roaming partnerships with companies like Senet, Actility, and X-TELIA. The network’s LoRaWAN sensors can be used for various applications, including asset tracking, remote utility monitoring, flood detection, and smart agriculture. Helium Network offers a variety of LoRaWAN sensors from popular manufacturers and provides both indoor and outdoor Hotspot bundles from ecosystem Makers. The network’s ecosystem includes hardware and software solutions for industries such as smart agriculture, smart cities, and logistics. Helium Network’s LoRaWAN Network Server (LNS) is responsible for device management, message routing, and integration with application servers. Helium Explorer provides a network map to view network coverage, and Helium Mobile is a collaboration with T-Mobile to create a cryptocarrier.