Helium Network is a decentralized wireless network that is used to connect devices in the Internet of Things (IoT). It works through a community-driven model where one can install hotspots to provide network coverage and earn cryptocurrency rewards in the form of Helium Network Tokens (HNTs). It launched its Internet of Things (IoT) hotspots as well as Helium Network Tokens (HNTs) in July 2019.
Yes, it has expanded in 5G wireless infrastructure.
Helium uses the cryptographic principles that are found in blockchain technology to secure transactions and data on the network.
Amir Haleem, Shawn Fanning, and Sean Carey
February-2025
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