World Mobile to lead telecommunications revolution, accelerating rural connectivity in Africa
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London, Dec. 21, 2023 – World Mobile Group, a global mobile network powered by blockchain technology and the sharing economy, is expanding its presence across Africa through its proprietary aerostat network infrastructure.
The latest move sees World Mobile collaborate with Vodacom Mozambique, a telecoms company and subsidiary of the Vodacom Group with over 100 million users across Africa, to launch a commercial aerostat.
World Mobile utilizes blockchain to create a sharing economy within the trillion-dollar global telecom market to connect the unconnected.
Individuals and businesses worldwide can operate network nodes through its approach, bringing communities online and earning revenue.
Beginning its journey in Africa, World Mobile has rapidly expanded, surpassing established crypto projects like Helium in scope and impact, boasting more than 60,000 paying users.
Its growth spans from Africa to Asia, with an eagerly anticipated launch in the U.S., showcasing the company’s dedication to providing decentralized connectivity on a global scale.
One of World Mobile’s strategies is the utilization of aerostats in its network infrastructure, which are positioned 300 meters in the air and use custom radio payloads for last-mile connectivity.
Each aerostat can connect up to 100,000 users, offering a novel solution to connectivity issues, particularly in underserved areas.
Innovating with AirNodes and a unique compensation model
World Mobile is also recognized for its AirNodes, radios strategically deployed in a sharing economy model, providing connectivity.
Unlike competitors in the Decentralized Physical Infrastructure Networks (DePIN) and DeWi sectors, AirNode operators receive fiat compensation, with token rewards reserved for Blockchain node operators, stakers, and users staking for discounted services.
This approach ensures network stability, reliability, and global regulatory compliance.
Led by CEO Micky Watkins, World Mobile is actively combating the digital divide, particularly in emerging markets and the U.S.
Focused on addressing the widespread issue of insufficient internet connectivity affecting millions in the U.S., the company’s sharing economy model aligns with initiatives such as the government’s $42 billion BEAD investment for comprehensive internet expansion.
A new paradigm in telecom and crypto
World Mobile’s approach, combining technology with a robust economic model and regulatory compliance, establishes it as a frontrunner in the decentralized mobile network industry.
The World Mobile Token (WMT) is integral to its Decentralized Physical Infrastructure Network (DePIN), handling transactions, network fees, and decentralized service access, emphasizing the company’s commitment to global digital inclusivity and continuous innovation.
This move underscores World Mobile’s commitment to global digital inclusivity and continuous innovation.
About World Mobile
World Mobile is democratizing global connectivity through its blockchain-based network.
World Mobile operates on a sharing economy model unlike traditional telecom providers, allowing individuals and businesses to run nodes, connect their communities, and generate revenue.
Vodacom Mozambique, a subsidiary of the Vodacom Group with over 100 million users across Africa, is predominantly owned by Vodafone, a global revenue leader.
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