Roam Network Joins the Peaqosystem to Revolutionize Mobile Network Optimization with DePIN Insights
7/31/24
By:
Jason Bennett
Roam Network Joins the Peaqosystem to Revolutionize Mobile Network Optimization with DePIN Insights
Roam Network Joins the Peaqosystem
Roam Network has joined the peaqosystem to provide telecom companies with DePIN-sourced granular insights into their local coverage and signal quality. This positions peaq as a key enabler of global mobile network optimization and growth. Roam lets users receive rewards for providing anonymized insights on the quality of service, resulting in better coverage for all.
Bars to Tokens: The Rising Demand for Mobile Data
Since 2016, the amount of mobile data consumed by an average North American user per month has surged from 3.97 GB to 30.3 GB. With advancements in bandwidth, hi-res streaming, AI services, cloud computing, and gaming, this number is set to rise exponentially. Mobile operators are preparing to meet this demand, with expected investments of around $1.5 trillion between 2023 and 2030.
The Importance of Service Quality
While the quantity of mobile data a network can handle is crucial, the quality of service is equally important. The telecom industry still faces challenges in obtaining granular insights into the quality of service received by individual users.
Roam Network's DePIN Solution
Roam Network has joined the peaqosystem to address this issue. Roam’s DePIN allows users to earn tokens for sharing anonymized insights on their signal, helping build detailed datasets on mobile coverage. This data is invaluable for telecom companies, providing detailed insights into service quality, and enabling network improvements. Enterprise customers can also benefit by optimizing their spending on mobile internet.
Roam's Expanding Global Presence
With about 5,000 users in the first few months since its app launch, Roam is already present in 149 countries. Future plans include launching Roam Infra, another DePIN rewarding users for enhancing local mobile coverage with specialized hardware.
Integration with Peaq's Layer-1 Blockchain
Roam will integrate peaq as its layer-1 blockchain, utilizing peaq ID for identity management and Particle Network for easy DePIN access with regular login credentials. Peaq’s data storage and verification frameworks will be leveraged, and Roam’s token will be issued natively on the network.
Industry Impact and Collaboration Benefits
“The DePIN model offers a perfect solution to a challenge that costs telcos and their clients billions every year. By crowdsourcing the network performance data they need so dearly, we literally turn signal bars into crypto rewards. Peaq’s scalability is a crucial benefit in that regard, as it enables us to quickly grow to the critical mass that the industry requires, and peaq’s Modular DePIN Functions take care of some of the most critical DePIN components for us, such as identity and data verification.” — Michail Angelov, co-founder at Roam Network
Advancing DePIN Adoption
“Mobile phones are some of the most ubiquitous devices in the world, and everyone knows how annoying a weak signal can be. Roam Network leverages the Web3 community to build a DePIN that will spare all of us the headache of a poor connection. With that, it also solves real pain points of real-world businesses, advancing DePIN adoption in the enterprise sector and bringing Web3 at the core of another real-world value exchange.” — Leonard Dorlöchter, co-founder of peaq
Final Thoughts
Roam Network’s integration into the peaqosystem marks a significant advancement in mobile network optimization. By combining user-sourced data with cutting-edge blockchain technology, this partnership is set to transform the telecom industry. Stay tuned for more updates as Roam Network and peaq continue to innovate and enhance mobile coverage worldwide.
#RoamNetwork #Peaqosystem #Telecom #MobileData #DePINWorld
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