What companies use Helium network?
Introduction to Helium Network
The Helium Network is known as “The People’s Network” because it has a decentralized, wireless nature that seeks to provide IoT devices with long-distance connectivity. This, therefore, means that the Helium Network employs blockchain technology in forming this global network of hotspots run by individuals and businesses. As such, hotspots use the LoRaWAN protocol that allows the communication of devices over long distances without using cellular or Wi-Fi networks.
What is Helium Mining?
Helium mining is a process of earning cryptocurrency, in this case, Helium (HNT), through providing coverage to the network using Helium hotspots. To decentralize their network infrastructure, miners install hotspots in their respective areas. For every coverage and data transmission done, miners receive compensation in HNT tokens. Proof-of-coverage and proof-of-stake serve as proof of activity validation and reward in the network.
What companies use Helium network?
Here’s a table summarizing the companies that use the Helium Network:
| Company | Website | Country | Revenue | Company Size |
| Blackfriars Insurance Brokers Ltd | blackfriarsgroup.com | United Kingdom | >1000M | >10000 |
| Vertical Measures | verticalmeasures.com | United Kingdom | 1M-10M | 10-50 |
| Helium | helium.com | United States | 10M-50M | 50-200 |
| Baylor University | baylor.edu | United States | 200M-1000M | 5000-10000 |
| University of Alberta | ualberta.ca | Canada | >1000M | >10000 |
What Businesses Use Helium?
The Helium Network caters to businesses in agriculture, logistics, and other fields, among others. Precision agriculture companies depend on Helium to monitor soil conditions and the health of animals. Logistics makes use of the network to track goods in real-time. The smart city project uses Helium to monitor environmental conditions and the management of the urban infrastructure.
What Products Use the Helium Network?
Helium Network-based products include smart sensors, trackers, and smart city solutions. For instance, environmental sensors monitoring the quality of the air and water levels, asset trackers for logistics, and smart meters for utility services are utilizing the long-range connectivity offered by Helium. These benefits are through low cost, low power, and extensive coverage provided by Helium.
Major Users of Helium
Major users of Helium Network are firms and institutions working in IoT solution space and smart city technologies. Some of the prominent users include Lime, which makes use of the Helium Network for tracking scooters; Senet for IoT connectivity solutions; and agricultural tech firms. Such firms rely on the connectivity offered by the Helium Network to provide a robust and scalable connectivity solution for their devices and applications.
What is the Use of Helium Explorer?
The Helium Explorer is a site that explores the performance and action that is happening within the Helium Network. It allows the user to see real-time data about how hotspots are covering their area, with network performance and even rewards for mining HNT. Details of individual hotspots are also presented, including location, uptime, and their contribution to overall network coverage.
Industry Insights About Helium Mobile Crypto
Helium’s mobile crypto, mainly in the form of its native token, HNT, is gaining massive traction as a valuable asset in the decentralized wireless network space. As more businesses and individuals deploy their hotspots, the demand for HNT increases, and that subsequently tricks their way through the market value.
At the industry levels, insights reveal Helium possesses a potential approach to decentralized connectivity hence disrupting the traditional telecom models. The expansion of mobile crypto tied to the Helium Network is a reflection of the general trend where the case is blockchain technology changing the face of other industries.
Conclusion
The Helium Network is used by insurance brokers, academic institutions, and so on. This proves its wide applicability in various sectors. It can be highly cost-effective and provides long-range IoT connectivity, which makes it an attractive choice for organizations seeking to increase their data and asset management capabilities. As its adoption increases, more of its impacts are to come.
