Loading Data ...
Helium IOT is a decentralised blockchain network designed to power the Internet of Things (IoT) through long-range, low-power connectivity. Originating as an innovative solution to traditional telecom-driven IoT infrastructures, Helium employs a unique Proof-of-Coverage consensus mechanism that incentivises users to host small, affordable hotspots. These hotspots provide wireless network coverage and are rewarded with Helium's native cryptocurrency, HNT. The network aims to democratise IoT connectivity, lowering costs and removing barriers to entry for developers and businesses. With a focus on scalability and security, Helium offers a robust alternative to centralised IoT solutions by leveraging community-driven network expansion.