Helium (HNT) operates a decentralized wireless network for the Internet of Things (IoT). HNT is used to incentivize users who deploy and maintain Helium Hotspots, which facilitate low-power, long-range wireless communication for IoT devices. The unique Proof-of-Coverage consensus mechanism and the focus on creating a global, open wireless network for IoT devices distinguish Helium. Monitoring Helium's network growth, adoption of Hotspots, and partnerships within the IoT space can offer insights into the ongoing significance of HNT.
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