1

Future Networks

Future Networks is a decentralised wireless network built on the Helium blockchain that offers the Helium hotspot network across the UK & Europe.

Categories

Media and Communications  

GB United Kingdom

Country

Future Networks
Leadership team

Leo Wortley (General Manager)

Industries

Media and Communications

Products/ Services
Helium Hotspots, HNT
Number of Employees
0 - 50
Headquarters
London, UK
Company Type
Private company limited by shares or Ltd
Social Media
Overview
Location
Summary

Future Networks is a Helium Hotspot hosting service that is focused on expanding the Helium Network throughout the UK and Europe. By providing individuals and businesses with the opportunity to participate in the decentralised wireless network and earn HNT, Future Networks is democratizing access to this revolutionary technology. One of the key aspects that sets Future Networks apart is its fair revenue sharing model, where hosts can keep 50% of the earnings, ensuring that they are rewarded for their contribution to the network.

The Helium Network is a unique network of wireless hotspots that are hosted in the homes of everyday people, creating a decentralized infrastructure that is cost-effective for companies to transfer data for their Internet of Things (IoT) devices. With a mission to support the adoption of innovative Web 3.0 projects and Proof of Physical Work initiatives such as Helium, Hivemapper, and WeatherXM, Future Networks promotes the Helium blockchain, driving the growth of the Helium Network. 

Future Networks aims to provide widespread coverage of the Helium Network across the UK and Europe, creating opportunities for individuals and businesses to participate and benefit from this revolutionary technology.

History

Future Networks is a UK-based company that aims to expand the Helium Network, a revolutionary decentralized wireless network built on the Helium blockchain, across Europe. The Helium Network is a network of wireless hotspots that are hosted in the homes of individuals. The hotspots act as small cell towers that communicate with each other through radio waves while uploading all their data onto the Helium blockchain. Future Networks provides Helium Hotspots to individuals and businesses, lowering barriers to participation while growing network coverage. With 70% of revenue going to hosts, Future Networks is by far the fairest (and best!) Helium Hotspot hosting service.

The Helium Network is designed to provide coverage for low power Internet of Things (IoT) devices. IoT devices are simple non-standard computing devices that connect to a network and have the ability to transmit some data. These are not smartphones but are devices like sensors, actuators or gadgets that are programmed for certain applications. The network is powered by Helium Hotspots that are run by individuals around the world to provide connectivity. The hotspots act as network miners as well as wireless access points and can be made DIY or bought through third-party manufacturers.

The Helium Network further uses the Helium blockchain, which is built from the ground up, to incentivize the creation of decentralized, public wireless networks. The blockchain works on a new proof of coverage consensus, which uses radio waves to validate that the hotspots are providing wireless coverage. Hotspots can also earn HNT by verifying transactions on the network and adding blocks to the blockchain.

Future Networks supports the adoption of innovative web 3 projects & Proof of Physical Work projects such as Helium, Hivemapper & WeatherXM. Companies can connect their IoT devices to the network, using it to transfer data at a fraction of the cost of traditional networks. Future Networks aims to expand the Helium Network across Europe and hosts like individuals are central to its success. Hosts receive a free Helium hotspot miner and keep 50% of the earnings, which are paid out in HNT on a monthly basis.

The Helium Network, also known as the People’s Network, has amassed over half a million miners across the world in just two years and crossed the 1 million mark by the end of 2022. The network provides connectivity 200 times further than WiFi due to its combination of blockchain technology with LoRaWAN. The network requires only 50-100 hotspots to cover a city, making it an affordable and accessible solution for individuals and businesses alike.

Mission

The mission of Future Networks is to expand the Helium Network across Europe and promote the adoption of innovative web 3 projects and Proof of Physical Work projects such as Helium, Hivemapper, and WeatherXM. The company provides Helium Hotspots to individuals and businesses, lowering barriers to participation while growing network coverage. 

By offering a fair revenue-sharing model of 50% for hosts, Future Networks aims to support the growth of the Helium blockchain and the decentralised wireless network. Ultimately, the company seeks to enable individuals and companies to participate in the Helium Network and earn HNT while contributing to the network's expansion and development.

Vision

Future Networks aims to establish itself as a top provider of Helium Hotspot hosting services in Europe, which involves expanding the Helium Network and offering hosting services to individuals and businesses. At the same time, Future Networks is focused on supporting the adoption of innovative Web 3.o projects and Proof of Physical Work projects like Helium, Hivemapper, and WeatherXM. 

These projects are designed to leverage blockchain technology and other advanced technologies to create decentralised networks that are more efficient, secure, and transparent than traditional networks. By supporting these projects, Future Networks is helping to drive the adoption of new technologies and promote the growth of the digital economy.

Key Team

Leo Wortley (General Manager)

Richard Bamber (Lead Telecommunications Engineer)

Recognition and Awards
Future Networks has achieved significant success in expanding the Helium Network across the UK and Europe. As Europe's fairest Helium Hosting provider, the company has lowered barriers to participation while growing network coverage. Future Networks provides Helium Hotspots to individuals and businesses and offers the best payout structure in the industry, with hosts receiving 50% of earnings in HNT on a monthly basis. With 70% of revenue going to hosts, Future Networks is the fairest and most efficient Helium Hotspot hosting service. Future Networks is also actively supporting the adoption of innovative web 3 projects and Proof of Physical Work projects such as Helium, Hivemapper, and WeatherXM. The company aims to leverage the Helium Network's infrastructure to create a more decentralized and fairer communication network. The Helium Network, a fully decentralized, crypto-powered distributed network of long-range wireless hotspots, has been a tremendous success. The network has amassed over half a million miners across the world in just two years and crossed the 1 million mark by the end of 2022. The Helium Network infrastructure is composed of thousands of miniature wireless communication hubs that are housed and managed by individuals. The network has disrupted the traditional telecom industry by providing a new, decentralized approach to wireless communication. The Helium Network has also achieved significant success in providing coverage for low power Internet of Things (IoT) devices. IoT devices are simple non-standard computing devices that connect to a network and have the ability to transmit some data. The network has provided wireless coverage to millions of IoT devices and can provide connectivity 200 times further than WiFi. The Helium Network has also been successful in incentivizing the creation of decentralized, public wireless networks through its blockchain technology.
Products and Services

The Helium Hotspots provided by Future Networks allow individuals and businesses to earn HNT by hosting a wireless hotspot in their homes or offices. Unlike other hotspot hosting services that offer a revenue share of as little as 15%, Future Networks offers a fair revenue sharing model of 50% for hosts. This means that hosts keep 50% of the earnings generated from the Helium Hotspot, and Future Networks pays out in HNT on a monthly basis.

The Helium Network is a network of wireless hotspots, hosted in the homes of everyday people, that companies can use to transfer data for their Internet of Things (IoT) devices at a fraction of the cost of traditional networks. Future Networks is growing the Helium Network across Europe to support the adoption of innovative web 3 projects and Proof of Physical Work projects such as Helium, Hivemapper, and WeatherXM. By supporting these projects, Future Networks aims to become a leading provider of Helium Hotspot hosting services in Europe.

References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Future Networks
Leadership team

Leo Wortley (General Manager)

Industries

Media and Communications

Products/ Services
Helium Hotspots, HNT
Number of Employees
0 - 50
Headquarters
London, UK
Company Type
Private company limited by shares or Ltd
Social Media