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Wicrypt’s Web3 WiFi hotspots go live in the peaq ecosystem

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Wicrypt Network, a decentralized mobile Internet sharing and monetization network, announces expanding its integration with peaq, the go-to blockchain for real-world applications. The first Wicrypt WiFi hotspots are already live on krest, peaq’s sister blockchain, outfitted with their unique peaq IDs. The new version of the Wicrypt operating system makes the devices compatible with peaq off-the-shelf, making it easier for people purchasing them to connect them with the network.

Unequal access to the internet, also known simply as the digital divide, still looms large over the world, with some 2.7 billion people — about one-third of the global population — lacking access to the World Wide Web. Asia and Africa, the world’s two most populous continents, are also the most affected, with their respective internet penetration standing at 61% and 40%. And it’s usually the most vulnerable communities, those who’d stand a lot to gain from the access to online education, earning, and banking opportunities, that end up left behind most often.

Wicrypt, an innovative startup from Nigeria, is working to make the Web more accessible globally through its decentralized physical infrastructure network (DePIN) of WiFi hotspots. The hotspots enable people and businesses to share their Web connection with others, thus solving the last-mile delivery challenge, and earn tokens based on their usage stats. Currently, Wicrypt’s DePIN counts more than 1,100 hotspots and stretches across 30+ countries, with some 45,000 accounts using more than 895TB of data.

As part of its integration with peaq, first announced back in April 2023, Wicrypt has now connected several hotspots with krest, peaq’s sister chain for testing dApps and DePINs, which went live in June. The hotspots now have their unique peaq IDs, which enable them to interact with the network, and can be found on Subscan — the blockchain explorer compatible with krest — here, here, and here. The devices are now able to register their transactions on krest, which is a crucial step for further development, and will be able to earn rewards from krest’s network fee distribution with future updates.

Furthermore, Wicrypt has released a new version of its operating system for the devices, which makes them compatible with peaq off-the-shelf. New users joining the network will have the option to purchase a device that’s been connected with krest in advance. The owners of existing devices will be able to switch to this operating system manually. In a bid to support the development on peaq, Wicrypt is open-sourcing the integration and releasing the supporting documentation and videos on linking the devices with peaq. See videos step one, two, three, and four for onboarding on the peaq network.

“We are thrilled to be moving ahead with this integration and bringing the first hotspots live on krest,” says Ugochukwu Aronu, the CEO at Wicrypt. “As a production-grade network, krest gives us a perfect testing environment for everything we build on peaq, and in the longer term, it will boost the rewards users earn on our DePIN ecosystem. It’s the perfect incentivisation mechanism to power connecting the disconnected.”

“The digital divide is the plague of today’s world,” says Till Wendler, co-founder of peaq. “It’s exciting to see krest work as a testing ground for a project working to cure it. The launch of Wicrypt hotspots on krest is just the beginning as this DePIN takes on the global crisis with top-notch Web3 tools and a desire to make the world a better place.”

About peaq

peaq is the go-to blockchain for real-world applications. The peaq layer-1 blockchain enables anyone to build decentralized applications (dApps) and Decentralized Physical Infrastructure Networks (DePINs) for car-sharing, street-mapping, Web access, and more, creating real-world value as part of the Economy of Things. peaq works with industry-leading consortia such as Gaia-x moveID, a €20+ million project led by Bosch, to co-create the future of smart mobility, energy, connectivity, and other important real-world industries. By empowering everyone to own, govern, and earn from the devices and infrastructure they use, peaq is democratizing abundance in the age of AI-driven automation.

For more information, visit peaq, follow peaq on Twitter for updates, and join the conversation on Discord.

About Wicrypt

Wicrypt is a decentralized WiFi internet sharing and monetization network that allows anyone to get paid for sharing their WiFi. Wicrypt is the first African company to build a peer-to-peer infrastructure for sharing mobile internet data without need for third-party integration. 

Wicrypt has an international team with experience working for some of Africa’s largest employers, including KPMG, Chevron, Accenture, Nielsen, and MTN Group, and is headquartered in Enugu, Nigeria.

Blockchain

WadzPay Plans to Expand Portfolio into Stablecoin Business

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WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and addressing evolving market demands, the company has strategically positioned itself to capitalise on the growing opportunities within the virtual asset financial services space.

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RevoluGROUP Announces CEO and Director Stepping Down

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Blockchain

ZettaBlock announces the addition of blockchain data

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ZettaBlock, a leading provider of blockchain solutions, has recently announced a significant enhancement to its offerings with the addition of blockchain data services. This development marks a strategic move aimed at bolstering ZettaBlock’s capabilities and further solidifying its position in the blockchain industry.

By integrating blockchain data services into its portfolio, ZettaBlock seeks to address the growing demand for comprehensive and reliable data solutions within the blockchain ecosystem. The new offering will enable clients to access a wealth of blockchain data, empowering them to make informed decisions and derive valuable insights from the vast amount of information available on various blockchain networks.

ZettaBlock’s decision to expand its services comes at a time when the importance of blockchain data analytics is increasingly recognized across industries. With blockchain technology continuing to gain traction and adoption worldwide, the ability to effectively harness and analyze blockchain data has become crucial for businesses and organizations seeking to unlock new opportunities and drive innovation.

Through its blockchain data services, ZettaBlock aims to cater to the diverse needs of its clients, providing them with access to real-time and historical data from a wide range of blockchain networks. This includes transaction data, smart contract metrics, network activity, and more, allowing users to gain deeper insights into blockchain transactions and activities.

The addition of blockchain data services represents a significant milestone for ZettaBlock, underscoring the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the blockchain industry. As businesses increasingly recognize the value of blockchain data in driving decision-making and enhancing operations, ZettaBlock’s comprehensive data services are poised to play a key role in shaping the future of blockchain analytics.

Source: cryptonewsz.com

The post ZettaBlock announces the addition of blockchain data appeared first on HIPTHER Alerts.

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