Helium is a decentralized machine network that enables machines anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for powerhungry satellite location hardware or expensive cellular plans. Powering the network is a blockchain with a native protocol token incentivizing a two-sided marketplace between coverage providers and coverage consumers. With the introduction of a blockchain, Helium injects 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.
Helium’s secure and open-source primitives enable developers to build low-power, Internet-connected machines quickly and cost-effectively. Helium has a wide variety of applications across industries and is the first decentralized machine network of its kind.