How 3air Aims to Revolutionize Telecommunications in Africa Through Blockchain

According to the World Bank, Africa needs more than $100 billion and over 10 years to solve its connectivity issues. This is an estimate on using the traditional telecommunications, data management, and transfer systems.

Unfortunately, going down that path would prevent most African countries from modernizing their telecommunications infrastructures. While the rest of the world would embrace new technologies, Africa would remain further behind. Meanwhile, the potential annual revenue, such as Nigeria’s untapped $60 billion from better broadband, would go to waste.

3air aims to leverage blockchain technology to help push Africa’s internet telecommunications into the modern era and beyond. The company has what it needs to become one of the leading projects in the African blockchain-based telecom space. With an expert team, strategic partnerships, and technological innovations, this platform could revolutionize internet access in Africa.

The Current State of Telecommunications in Africa

The traditional telecommunications market in Africa is a challenging landscape for both providers and consumers. For instance, in most countries, the infrastructure is obsolete and unable to meet the demands of the digital era. Large regions lack support for internet networks altogether.

Another concerning aspect is the high cost of internet connectivity and capped mobile data plans. While the devices are getting cheaper overall, users there cannot afford the costs of data to connect to the world. There are now more smartphones in Africa than there are active internet users.

The need to change the counter-productive system of telecommunications in Africa is imperative. 3air is one company that aims to achieve this goal.

3air believes that providing broadband services to countries like Nigeria would help millions gain better access to the internet and boost their income opportunities. The market potential represents billions of dollars in economic growth for the region, as well as a huge opportunity for broadband Internet providers.

To reach its objective, 3air plans to implement blockchain solutions and solve Africa’s internet connection issues.

What is Blockchain?

A blockchain is a distributed database across a series of countless computers or nodes. Every node  stores a copy of the network in digital format and updates it with every new development. This way, if numerous nodes go off, the network still runs without losing essential data.

Blockchain technology has evolved substantially in the past decade. Its main benefits are high security, impeccable data storage, and trustability. Above all, blockchain promotes decentralization. This enables users to engage in currency and data transfers without the need for a third party’s approval.

Today, blockchain supports and improves the activity of various industries, including telecommunications. Many see it as a ground-breaking invention that will shape our lives for decades to come.

How 3air Leverages Blockchain Technology

3air envisions a world that doesn’t depend on the traditional, centralized payment and data management systems. In this regard, it aims to use blockchain technology to connect the unconnected and bank the unbanked in Africa.

3air operates on Cardano’s blockchain and leverages the Atala PRISM technology for digital identity management. Also, it partnered with industry leading companies, such as CV Labs Global and K3 Telecom, Ice Addis, and IT TIM. This way, it can provide the African continent with fast, cost-effective, reliable internet access.

One of the benefits of using a blockchain-based network for internet distribution is the option to create a sustainable bandwidth sharing model. Such a model would be difficult to maintain in the traditional way as key players need to be incentivized to perform well and operate with care. 3air’s sharing system incentivizes the access point operators, ISPs and token holders while providing the end user with unbeatable service.

Shared bandwidth lowers the infrastructure and operational costs. Furthermore, it optimizes bandwidth usage, which the traditional ISP model cannot achieve. This way, more users get better access to faster internet coverage at lower costs. Everyone wins!

Why Decentralization is the Future

3air plans to solve the telecommunications issues in Africa by implementing the latest technological advent. Through blockchain use, the company should build a stable internet connection environment in the continent. This way, those who were and still are offline can finally connect quickly, safely, and cheaply to the internet.

However, that’s not the only benefit of using blockchain technology. 3air aims to help people in Africa get better access to banking services. Through digital identities, millions of Africans could conduct business locally and internationally. Also, all the unbanked individuals can finally have the means to boost their income.

Lastly, 3air seeks to empower internet users across Africa and create a deeper meaning to token holders. They will take part in the company’s decentralized governance and gain voting powers on the platform. This will be possible through the 3air token, which is currently attracting plenty of support. 

Cardano live price
price change

Its private presale rounds are enjoying the success it deserves. Also, the ongoing public sale is seeing thousands of users on the waiting list. Soon, they will be active in the platform’s development and in improving Africa’s telecommunication reach.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision. Learn More

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