The Problem
As demand for fast and reliable 5G connectivity is rapidly accelerating, MNOs are struggling to keep up with the demand. Traditional mobile wireless networks, such as AT&T, T-Mobile, etc., are highly centralized. These networks were designed and deployed at a time when such centralization was the only viable technical path. Centralization provides conceptual simplicity but also makes scaling such networks a costly challenge for providers.
More importantly, centralized networks provide few mechanisms for users to improve the quality and coverage of their service, short of switching to another network provider or investing in costly signal boosting equipment. In fact, subscriber churn due to coverage issues is a big challenge for the mobile operators, with over one million people changing their mobile carriers every month for that exact reason. Decentralized Wireless “DeWi” blockchain-powered networks aim to revolutionize the way communication networks are deployed, owned, and operated around the world.