Blockchain Success Stories

The first major [blockchain] breakthrough was bitcoin, which invented digital gold. The second was Ethereum, which introduced general-purpose smart contracts. Helium presents the most ambitious new use case for blockchains we’ve seen since Ethereum.

By offering blockchain-based tokens, Helium incentivizes anyone to own a Hotspot and provide wireless coverage—so the network belongs to participants, not a single company. A network can be scaled much faster and more economically than if a single company tried to build out infrastructure.

When building a two-sided blockchain marketplace (buyers and sellers, or buyers and miners), which comes first, the chicken (miners) or the egg (buyers)? One solution: pay off the chickens.