Helium

Helium has presented 1 V-Sum technical briefing. Helium walks through the largest wireless network in the world — an IoT network built on the Helium blockchain and powered by token incentives (HNT, trading ~$27.50 with a ~$3.2B market cap at time of demo). explore.helium.com visualizes the hotspots providing LoRaWAN coverage in cities like San Francisco. Helium hotspots (40+ approved manufacturers under the Decentralized Wireless Alliance) plug into power and internet at home, broadcasting a long-range IoT signal for sensors and soon handsets. The live demo uses a Dragino LDS-S01 door sensor: opening and closing the door sends 9-byte packets over the Helium network, picked up by the fittingly named "stable-rouge-puma" hotspot and routed to console.helium.com in real time. The packets flow onward via a Datacake integration into a dashboard — a full end-to-end application built with a cheap sensor and the public network. On the incentive side, the hotspot routing the demo traffic earned ~0.339 HNT over 7 days and ~1.3 HNT over 30 days from proof-of-coverage mining plus a small Data Credit reward for actually carrying the packets.

Topics: Blockchain & DLT, DeFi