An altcoin project aiming to merge blockchain technology and wireless networks is in the midst of a rapid rise, far outperforming Bitcoin (BTC) and the altcoin markets at large.<\/p>\n
Helium (HNT) shot from a low of $29.60 last Thursday to $54.05 in just seven days a staggering 82% rally.<\/p>\n
The token is now the 43rd-largest crypto asset on the market, with a $5 billion market cap.<\/p>\n
Helium aims to build a fully decentralized and global wireless network powered by open-source technology.<\/p>\n
The platform is designed to allow people and organizations to operate WiFi hotspots and earn HNT as a reward for powering the network.<\/p>\n
HNTs rally comes as the platform completes its first on-chain governance vote, allowing owners of the crypto asset to play a role in shaping the projects future.<\/p>\n
It also follows an announcement from DISH Network late last month detailing a new partnership with Helium.<\/p>\n
The internet service giant says it will be the first major carrier to utilize Heliums blockchain-based incentive model and allow customers to install their own 5G hotspots.<\/p>\n
DISH Network is an early adopter of blockchain technology and first began accepting Bitcoin back in 2014.<\/p>\n
DISH also announced a partnership with IOHK, the company behind Cardano (ADA), in September.<\/p>\n
The two organizations are exploring strategic ways to further leverage blockchain technology with wireless communications.<\/p>\n
Featured Image: Shutterstock\/bestfoto77\/Natalia Siiatovskaia<\/p>\n
<\/p>\n
See the original post: An altcoin project aiming to merge blockchain technology and wireless networks is in the midst of a rapid rise, far outperforming Bitcoin (BTC) and the altcoin markets at large. Continue reading
\nAltcoin Project Targeting WiFi Revolution Outpaces Bitcoin and Crypto Markets, Soaring 82% in Seven Days - The Daily Hodl<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"