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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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Home Blockchain

Wayru and peaq Join Forces to Expand WiFi Access Across Latin America

February 8, 2024
in Blockchain
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Wayru and peaq Join Forces to Expand WiFi Access Across Latin America
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In a bid to tackle the global digital gap, peaq, a blockchain platform designed for real-world applications, has partnered with Wayru to expand internet access. Wayru, a project focused on creating a decentralized physical infrastructure network (DePIN) of community-run web hotspots, aims to provide affordable and secure internet access.

—

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The integration with peaq will enable Wayru to make its WiFi hotspot firmware compatible with the network and link its mobile app with the blockchain. This means users can set up their hotspots on peaq, allowing Wayru operators to migrate, earn rewards in the Web3 Economy of Things, and utilize peaq’s Machine DeFi.

While internet access is often taken for granted in the developed world, around 3 billion people globally lack this essential resource. In regions like Latin America (LATAM) and the US, millions are unable to access the internet, impacting how we learn, connect, and conduct business.
Wayru is on a mission to close this digital gap, especially in LATAM and the US, by enabling people to share their internet connections and earn rewards in its $WRU token.
Users can join the network by purchasing the Genesis hotspot or installing WayruOS on compatible devices. Once devices are minted as Non-Fungible Nodes (NFNs), operators can earn rewards based on performance, granting users access to the network and affordable web surfing.

The integration with peaq strengthens Wayru’s mission to connect the unconnected by leveraging peaq’s modular DePIN functions. This includes multi-chain peaq IDs, peer-to-peer machine payments, and role-based access control. Additionally, Wayru users can earn rewards as part of the Economy of Things and utilize peaq’s Machine DeFi for setting up new hotspots.

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Wayru’s Achievements

The Wayru network currently boasts over 500 hotspots. Wayru has established strategic partnerships with organizations such as the UN/UNHCR. In the past year, the network catered to over 250,000 unique users, with 50,000 unique monthly active users worldwide. Over 3 million GBs were utilized on the network during this period.

Charvel Chedraui, CEO at Wayru, emphasizes their broader vision beyond DePIN:
“We are building more than a DePIN. The end goal is to make the internet more decentralized and give people more ownership in it. This vision aligns perfectly with peaq’s values, boosting our ability to scale.”
“The global digital gap is a crucial hurdle for our progress as a society,” says Till Wendler, co-founder of peaq. “The DePIN model is perfect for resolving the crisis, as it gives everyone more ownership in the infrastructure the global web runs on. It’s thrilling to see Wayru put this concept to work on peaq with such a noble goal in mind.”

The collaboration between Wayru and peaq signals a significant step towards democratizing internet access and empowering communities worldwide.

—

About peaq

peaq is a blockchain platform for real-world applications, enabling the creation of decentralized applications and infrastructure networks. By empowering users to own and earn from the devices and infrastructure they use, peaq aims to democratize abundance in the age of AI-driven automation.

About Wayru

Wayru Network is dedicated to providing affordable and reliable internet access to everyone, everywhere through its decentralized wireless network. With its innovative operating system, WayruOS, and strategic partnerships, Wayru aims to connect the unconnected and promote community engagement through blockchain technology.

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For more information, visit peaq and Wayru. Follow peaq on Twitter and Wayru on Twitter for updates. Join the conversation on Discord or Telegram.

Tags: AccessAmericaExpandForcesjoinLatinpeaqWayruWiFi

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