In a landmark move, Telefonica, the world’s 27th largest telecom, has partnered with Nova Labs to roll out Helium mobile hotspots in Mexico. This initiative aims to address the persistent issue of limited internet access in underserved communities, leveraging a unique blockchain-powered network. Helium’s Mexico Expansion Sparks Crypto Surge The collaboration will see thousands of Helium hotspots deployed across Mexico City and Oaxaca, powered by Nova Labs’ blockchain technology. This technology incentivizes individuals to host hotspots by rewarding them with Helium’s cryptocurrency, HNT, for contributing to coverage. This “proof-of-coverage” concept aims to build a decentralized network with potentially lower infrastructure costs compared to traditional methods. Related Reading: XRP Faces Bearish Pressures Amid Market Downturn: Analysts Divided On Next Move The news sent ripples through the cryptocurrency market, propelling HNT’s price up over 20%. This follows a similar surge in December when Helium partnered with T-Mobile for nationwide mobile service in the US. HNT price soars in the last 24 hours. Source: Coingecko “This program in Mexico is crucial for evaluating the performance and customer satisfa ..
Support the originator by clicking the read the rest link below.
 Heats Up: 21% Jump After Telefónica Deal Ignites Growth){kind=link}