From opportunities in cellular to Wi-Fi, IoT and Bluetooth technologies, the potential for decentralized wireless to take hold as a leading innovation for better connectivity is immense. Decentralized wireless (DeWi) is a new type of network governance that allows users to host wireless devices and control the network they use. The recent influx of decentralized wireless projects substantiates the network’s claim as legitimate and viable in the cellular market. With the combined power of CBRS broadband spectrum and blockchain technology, decentralized wireless networks are able to provide superior network stability, consistency, scalability and privacy.
The beauty of blockchain as a core component of DeWi infrastructure is that data is irrefutable and cannot be tampered with. It also eradicates the need for trust, which has been frequently broken by big telco companies via breaches of privacy and data sales. Without trust, decentralized networks are able to systematically eliminate the need for permissions and personal information.
What is Decentralized Wireless?
Decentralized wireless is a new technology that is owned, operated and deployed by an equilibrium of players. Also known as a revenue-sharing model, DeWi technology uses incentivized work to encourage honesty and fairness among players. Incentivization grants operators and users alike with a mutually beneficial digital currency. A distributed workload means that coverage is people-built and eliminates all of the disadvantages typically associated with centralized networks.
Decentralization eliminates a single authority in preference of distributed control and management. It is also anti-corruption as it enables complete anonymity and transparency. The shared common goal of decentralized wireless is equity. A key factor of connectivity and accessibility for all is affordability. For many, long-term contracts and operational charges are too costly. Decentralized wireless is a sustainable way of ensuring that everyone can access the network and is accordingly rewarded for their network deployment efforts.
How Decentralized Wireless Can Transform the Way Networks Operate
Prior to CBRS broadband access, centralized network operators largely owned and operated the telecommunications market. The deregulation of CBRS broadband was a revolutionary moment in history for spectrum users, being the very thing to make decentralized wireless possible. Perhaps the largest downside of centralized networks is the pricy acquisition of spectrum licenses as well as the cost to deploy and run such complex infrastructure. Operating these services means that consumers are paying hefty monthly bills to access a quality connection. However, with the ground-breaking technology that decentralized wireless has to offer, costly spectrum licensing and monthly rates for users are a thing of the past.
The Benefits of Eliminating a Centralized Entity
- Systematic, seamless operations
- A transparent infrastructure and reward system
- Allows players to customize coverage and other network needs
- Little installation efforts
- Eliminates need to lease land for hardware deployment
- Self-maintained by the players as opposed to needing licensed technicians for maintenance and upkeep
- Eliminates the need for a customer support team
- A more profitable approach for operators
- Eliminates potential of network disruption
- Macro coverage as opposed to limited coverage
- More powerful, easy to add more machines for more computing power
Understanding the Decentralized Wireless Incentivization Model
The decentralized wireless model makes incentivization possible for all and allows for both the supply and demand side to benefit. The upfront cost of hardware investments in return produces a token subsidy to its players. Thus, deployment and operation of the network eventually pays back the cost of the infrastructure purchased. Further revenue is generated via demand, usage, and data flow. This model also promotes network growth as a result of incentivization. Network growth subsequently inflates the token value as more and more players take part in running the network. Ambition is garnered through rewarding operators with ownership stakes in the network and ultimately drives success.
Decentralized Wireless: The Equitable Choice
Unlike centralized networks, decentralized networks operate through a non-oppressive ecosystem of players and utilizes valuable crowdsourcing methodology. Rather than having one single entity in charge, control is equally distributed. All players benefit from token rewards, so long as their data is deemed accurate by all the other players. Luckily, the decentralized network model makes transaction and data monitoring simple through a full transparency public ledger.
Decentralized wireless networks are also simple to set up and manage. While only big telcos tend to operate centralized networks, decentralized wireless networks can be built by anyone. Hardware is easy to deploy and are small cells in comparison to centralized network technology which utilizes macro cells. Small cells thus make installation virtually effortless. Decentralized wireless networks are paving the way for better connectivity via access to premium spectrum, blockchain technology and tokenomics. Each plays a pivotal role in making network access affordable and accessible to all.
BLiNQ Networks is ready to help you set up your dream decentralized wireless network. For more information on how to get started, call us at +1-800-301-4962 or fill out our form online.