Telefónica is joining the Helium Network's decentralized technology to expand its coverage and increase infrastructure efficiency in Mexico.
Telecommunications giant Telefónica has picked blockchain technology to lower infrastructure costs and expand its mobile coverage in Mexico.
Through a partnership with Nova Labs — the company behind the Helium Network — Telefónica will leverage Helium Mobile Hotspots to expand its actual coverage in Mexico City and Oaxaca, according to an announcement on Jan. 24.
Helium’s hotspots are essentially nodes that provide wireless network coverage for Internet of Things (IoT) devices. By integrating Helium’s decentralized network, Telefónica is able to expand its coverage, particularly in remote areas, by allowing hotspots to validate wireless activity and provide coverage to the network.