- Top 10 Cryptocurrencies for January 25 2023; Bitcoin at US$22K - January 26, 2023
- Top 10 Best Crypto Casinos of December 2022 - December 14, 2022
- Apple Drops Encryption Plans that would Directly Benefit Crypto – - December 13, 2022
The Latin American Digital Divide Is Being Addressed by Blockchain Innovation. Over the past few years, blockchain technology has been suggested as a viable solution for several human rights issues.
The Latin American digital divide is being addressed by blockchain innovation. Over the past few years, blockchain technology has been suggested as a viable solution for a number of human rights issues. From voting rights and access to services to the protection of land rights and supply chain transparency. Recently emerged telecom industry leaders are now utilizing blockchain technology to bridge this enduring digital gap.
People who are unable to converse online are at a significant disadvantage given how firmly established the internet is in contemporary life. The accessibility to the internet, whether for social or professional purposes, is perfectly within the bounds of fundamental equality. Over the past few years, blockchain technology has been suggested as a viable solution for a number of human rights issues. From voting rights and access to services to the protection of land rights and supply chain transparency. Recently emerged telecom industry leaders are now utilizing blockchain technology to bridge this enduring digital gap.
Human rights are often associated with concepts like equality, freedom of speech, and non-discrimination. Having access to the internet may seem odd to mention, yet it was declared a human right in a United Nations report more than ten years ago, in 2011.
Leaders in the telecommunications sector make enormous profits from their user bases in already developed countries by concentrating almost completely on their existing income streams. These businesses give short-term revenues from network agreements and other services precedence over entering unexplored markets with enormous untapped potential. Latin America, where an estimated 244 million people do not currently have access to the internet, is one of the most afflicted regions. The region’s digital gap was made more apparent by the COVID-19 epidemic, which inspired several governments to launch initiatives in 2023 to increase internet access and connect more people to the internet.
Although these initiatives helped the region see a 33.7% increase in internet users between 2021 and 2022, they are insufficient for nations like Ecuador, where up to a third of the population still does not have access to the internet. Fortunately for Ecuador’s citizens, numerous fresh businesses are utilizing blockchain technology to provide fascinating and original solutions. The need for stationary Wi-Fi towers, which they must erect in order to provide internet users with radio frequencies, place restrictions on traditional Internet networks. A new kind of internet network that gives people significantly more authority is being paved by Wayru, a new Blockchain communications company with headquarters in Florida.
To enable thousands of users to join the Wayru network, Wayru has developed its own Genesis Wi-Fi gadget. A distributed, multi-layered internet network with incentives, Wayru gives users the option to gain by utilizing the service or to get significantly more active by employing Genesis devices or token pools. The Genesis gadgets are plug-and-play Wi-Fi hubs that can be used in any setting, such as homes, places of business, or public places. Through Wayruapp, those without access to the internet can connect to the hubs, and operators, are compensated with WRU cryptocurrency for their contributions to the decentralized network.
Additionally, Wayru gives users of developing nations access to the internet via one of their own Hotspots. The Hotspots are organized into 1,000-hotspot pools that provide Wi-Fi connectivity to millions of disconnected persons in the area. By purchasing “Pool tokens” from Wayru, interested parties can gain even more from investing in the WayruHotspots. When the pools are operational, token holders will begin to receive WRU, with the busier hotspots paying out more.
Wayru has made progress in its connection with the World Council of Trade Unions (Woccu) and is in discussions to work with the UN even more. Wayru, which already has a presence in Ecuador, plans to first broaden its reach throughout Latin America before moving on to the international market. Thousands of people living in nearby areas are already benefiting from the initial deployment in the densely populated cities of Quito and Guayaquil.
The first step in closing the digital gap in Latin America is to set up and maintain a decentralized network in Ecuador. Wayru is well on its way to achieving its objective of assisting communities in creating and maintaining their own networks in order to attain real internet independence thanks to its open, accessible network design and a strong emphasis on getting back what you put in