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Helium
HeliumA Decentralized Machine NetworkAmir HaleemAndrew AllenAndrew ThompsonMarc NijdamRahul GargHelium Systems, (2018-05-09)AbstractThe Internet of Things is an $800 billion industry, with billion connected devices online, and spending predictedto reach nearly $ trillion by 2021 [1]. Most of thesedevices need to connect to the Internet to function. However,current solutions such as cellular, WiFi, and Bluetooth aresuboptimal: they are too expensive, too power hungry, or toolimited in is adecentralized machine networkthat enables ma-chines anywhere in the world to wirelessly connect to theInternet and geolocate themselves without the need for power-hungry satellite location hardware or expensive cellular the network is a blockchain with a native protocoltoken incentivizing a two-sided marketplace between cover-age providers and coverage consumers.
Helium blockchain is an immutable append-only list of transactions which achieves consensus using the Helium Consensus Protocol [Section 6]. Users internal and external to the DMN have access to the blockchain, which is a new protocol built from scratch specifically for the DMN.
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