How Blockchain Innovation Addresses the Digital Divide in Lat…

When people think of human rights, things like equality, freedom of speech or freedom from discrimination generally come to mind. While Internet access may come as a surprise, it was actually mentioned as a human right a decade ago United Nations 2011report.

Blockchain for human rights

When we consider how deeply ingrained the modern world is with the Internet, it stands to reason that people who cannot communicate online are put at a huge disadvantage. Whether it is for social communication or business reasons, the availability of the Internet falls within the boundaries of basic equality.

Blockchain technology has been proposed as a potential remedy for a number of human rights deficiencies over the past several years. From access to voting or identity-based service provision to land rights protection and supply chain traceability. Now, new leaders in the telecommunications sector are using blockchain technology to address this long-standing digital divide.

Covid reveals the ‘digital divide’ in Latin America

Industry leaders in the telecom industry focus almost exclusively on their established revenue streams, reaping huge profits from their user base in already developed regions. These companies prioritize short-term profits through network contracts and additional services rather than expanding into untapped markets with huge potential.

One of the hardest hit regions is Latin America with an estimated 244 million people currently living without internet access. The COVID-19 pandemic has helped expose this digital divide in the region, which has prompted some governments to implement Initiatives to boost internet access and connect more people by 2023.

While helping the region record a 33.7% increase in internet users from 2021 to 2022, these initiatives are not enough for countries like Ecuador, where up to a third of people still lack internet access. Fortunately for Ecuador’s urban and rural residents, some new companies are leveraging blockchain technology to offer exciting and innovative solutions

Decentralized innovations offer a solution

Traditional Internet networks are limited by the fixed Wi-Fi towers they must install for their radio frequencies for Internet users. A New Blockchain Telecom Provider Based in Florida Called Wayru it paves the way for a new type of internet network that gives users much more power.

Wayru has designed its own Genesis Wi-Fi device that thousands of users can own to become an integral part of it Wayru network. Wayru is an incentivized, distributed, multi-layered Internet network that offers people the opportunity to benefit from simply using the service or to engage much more with the network through Genesis devices or token pools.

The Genesis The devices are “plug & play” style. Wi-Fihubs that can operate from anywhere, such as everyday households, businesses or community spaces. People without their own Internet connection can enter the nodes through it Wayruapp, while operators earn WRU cryptocurrency by playing their part in facilitating the decentralized network.

Wayru Founder and CEO Charvel Chedrauistated that:

“We propose an alternative to the current centralized system that brings together small players and integrates entrepreneurs and community leaders to help bridge the digital divide while ensuring full decentralization of power through the Internet.”

Wayru it also allows people in emerging countries to access the internet through one of their own Hotspots. Hotspots are grouped into pools of 1,000 offers Wi-Fi region-wide access for millions of unconnected people. Stakeholders can further benefit by investing in the WayruHotspot by buying ‘Pool tokens’ from Wayru. Once the pools are live, token holders will start receiving WRUs, with the most active hotspots returning more rewards.

Huge potential

Wayru is already making progress with its collaboration with the World Trade Union Council (Woccu) and is in discussions for further cooperation with the UN. Having already started in Ecuador, Wayru intends to expand through Latin America first and then to the global market. The initial development in the densely populated cities of Quito and Guayaquil is already having a positive impact on thousands of residents in the surrounding communities.

Establishing and maintaining a decentralized network in Ecuador is the first step in addressing the digital divide in Latin America. With the network’s open, accessible design and huge emphasis on getting back what you put in, Wayru is well on its way to achieving its goal of helping communities build and maintain their own networks to achieve true Internet independence.

The Wayru presale ends on Sunday, September 11 and offers interested parties the opportunity to get involved in this exciting leap into the world of decentralized telecommunications.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial or other advice.

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