How World Mobile can Serve as a Decentralized Solution Guaranteeing Continued Service during a Volatile Time Period

World Mobile Token
Photo : World Mobile Token

World Mobile Token may be among the few that will survive the war between Russia and Ukraine

Access to a strong and fast network is key in every country is an integral part of growth and development in every country, and that's why many countries worldwide are focused on providing affordable and universal internet access to everyone. The WMT (World Mobile Token), a utility token that facilitates a mobile network developed on the sharing economy, was launched on the Cardano crypto blockchain to bring connectivity to the world population that's not connected to the internet, especially Africa! WMT consists of a blockchain-powered wireless network that's a set of nodes and devices that use decentralized models to share information and data. 

Many parts of the world are offline since traditional mobile networks are expensive and typically hard to maintain in remote places. World Mobile primarily works to offer affordable internet connectivity to marginalized communities without telecommunication providers. Also, it aims at ensuring continuity of service delivery in areas affected by an ongoing international crisis where essential needs such as internet connection and communications get affected. 

How does blockchain work as a decentralized platform? 

Blockchain is a decentralized platform that doesn't usually store information in one location. It works by copying and spreading the blockchain across a given network of computers. So, when a new blockchain is added, all computers on that network update their blockchain to reflect the changes. This makes it very difficult to tamper with blockchain, where the information is spread across a network rather than storing it in a central location. 

Let's say a copy of the blockchain is accessed by a hacker. It's only a single piece of the information will be compromised instead of the entire network. 

World mobile works under a blockchain, and it ensures fast and efficient transactions, unlike in centralized systems that take days to reflect. It works 24 hours a day and seven days a week. It takes about 10 minutes to complete a single transaction, and it's considered secure after an hour. This is critical, especially for trans-border trading that takes a bit longer due to different time zones and considering that the parties must confirm the processing of the payment.

Blockchain also facilitates private and secure transactions. A user in a network can view the transaction history, but they cannot identify who made the transaction due to the use of private and public keys. Once transactions are recorded, their authenticity should be verified by the network. Usually, numerous computers confirm if the purchase details are correct. 

How does blockchain ensure services continuity?

The Digital revolution has been influenced by the pandemic and other challenges such as war crises in various countries. This has accelerated the need for a digital economy for governments to ensure continued and seamless service delivery to their people. With World Mobile Token, many countries are quickening their pace towards the transition to compensate for time lost in the unprecedented time. 

These global challenges have typically changed the way we do things, and every country should enable its citizens to do everything from the comfort of their homes. Additionally, they must ensure proper access to affordable, effective, and efficient government services by everyone through the deployment of ICT infrastructure, and that's where WMT, blockchains, and IOG (input-output global) chip in! 

IOG is a blockchain and decentralized digital identity that automates systems with blockchain technology, especially in registry systems, to provide services like digital identification with traceability. It also integrates back-end government systems enabling business process automation and enhancing communication flow within a country. World mobile users will have access to IOG digital identity solutions and Atala PRISM for basic services, including healthcare, education, and banking. 

Through smart contracts, blockchain security, availability, and reliability, governments can bring innovation in services delivery and ensure continued support to their citizens. For instance, the war between Russia and Ukraine cuts communication lines and distorts the economy, thus, the need for decentralized banking. This affects markets, and crypto goes down the drain; however, with WMT, which isn't susceptible to such occurrences, people will remain effectively connected and have seamless communication.

World mobile connecting everyone to the internet

The world is currently transitioning into a global village due to the rapid development of internet networks. However, some populations get left out due to the remoteness of their living locations. For instance, in some parts of Africa, services by satellite networks and terrestrial cables are very deficient, resulting in a large percentage of an uncovered population. 

World mobile network is run by the users to benefit them by creating a more connected world. The people can earn rewards, the WMT crypto when they run their devices connected to the internet securing the network for many people worldwide. As a network operator, you bring connection in an area and bridge the gap, thus, connecting the unconnected. You can now earn the WMT after you have secured the network and processed some transactions.

Here is a typical example:

  • There is a remarkable village in Tanzania that shows the power of communities connecting themselves. The fishermen in that local area have grown their business, doubled their shops, and tripled their profits. It's actually in Zanzibar, an island in East Africa, where World Mobile has deployed its equipment to offer affordable access to the internet to a population of over 100 000 people.

Thus, actualizing the plans of the World mobile group, which is a global telecommunication operator, will see many parts of Africa have an efficient internet connection. Generally, WMT is building network infrastructure for fast connectivity by using spectrums such as radio transmitters and free-space optical communications that require no licensing resulting in less expensive access to the internet. These spectrums usually connect multiple nodes creating a mesh network that provides internet coverage to remote villages. 

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