Cryptocurrency

Wayru integrates with peaq to bridge the digital divide with decentralized internet access.

quick take

Wayru’s decentralized physical infrastructure network integrates with peaq’s blockchain to reward users who share Wi-Fi hotspots. The partnership aims to provide affordable and secure internet access by empowering underserved communities while promoting decentralization and ownership of the digital sphere.

Wayru’s DePIN integrates with peaq’s blockchain to encourage users to share Wi-Fi hotspots.

In an age where internet access has become synonymous with modern life, it is hard to forget the incredible availability of internet access. 3 billion people Globally, there is still a shortage of this essential resource. The harsh reality is that while the Internet offers endless opportunities, the most vulnerable communities are often those who are denied access. South America in particular is where a large portion of the population lacks reliable internet connectivity, fundamentally changing the way people learn, connect, and do business. Meet Wayru, a decentralized physical infrastructure network (DePIN) with a mission to bridge the digital divide with a focus on underserved populations in Latin America and the United States. wind are teaming up with oceana blockchain platform designed for real-world applications, decentralizes internet access by encouraging individuals to share their Wi-Fi hotspots with others by exchanging tokens.

Wayru CEO Charvel Chedraui said: “We are building more than DePIN. The end goal is to make the Internet more decentralized and give people more ownership.”

“This vision is perfectly aligned with peaq’s values ​​and enhances our ability to build and scale this project,” he added.

Wayru’s innovative approach to bridging the digital divide: Empowering Users and Enhancing Connectivity

Wayru’s core goal is to provide affordable and secure internet access by building a decentralized physical infrastructure network of community-run Wi-Fi hotspots. Wayru will work with peaq to make Wi-Fi hotspot firmware compatible with the network and integrate mobile apps with blockchain technology. This allows users to set up a hotspot on peaq and leverage peaq’s Machine DeFi capabilities while participating in the rapidly growing Web3 economy of things.

You’re already proud of your network. 500+ hotspotsBy migrating to peaq, Wayru operators will have the opportunity to earn rewards within the Web3 Economy of Things and benefit from peaq’s Machine DeFi products.

With a particular focus on Latin America and the United States, Wayru’s approach to bridging the digital divide includes allowing people to share their internet connection and earn rewards in the form of native $WRU tokens. To join the Wayru network, individuals can purchase a Genesis hotspot or install WayruOS on a compatible device. In both cases, the next step is to make the device a Non-Fungible Node (NFN). NFN acts as a performance record for hotspots, tracking uptime and quality of service and calculating rewards based on performance. The token also grants users access to the network, allowing them to purchase credits at low prices and browse the internet.

Wayru’s integration with peaq unlocks cutting-edge DePIN features

Wayru’s integration with peaq strengthens the project’s mission to connect the unconnected by leveraging peaq’s modular DePIN capabilities. These features include multi-chain Peak ID, peer-to-peer system payments, and role-based access control compatible with Binance Chain and Solana. Additionally, this collaboration will allow the Wayru community to leverage DePIN-centric economic models and access peaq’s Machine DeFi capabilities for setting up new hotspots to earn rewards as part of peaq’s Economy of Things.

In the initial phase of the partnership, Wayru will leverage the peaq Software Development Kit (SDK) to enable the community to mint NFN on peaq and integrate peaq-compatible wallets into mobile apps. Afterwards, Wayru plans to develop a hotspot firmware version that supports peaq ID, facilitate smooth migration for users who choose it, and officially launch it on the peaq platform. Additionally, devices on the decentralized physical infrastructure network will have the opportunity to acquire $WRU tokens wrapped in vertices and contribute to the liquidity of these tokens.

“The global digital divide is a critical obstacle to our progress as a society,” says Till Wendler, co-founder of peaq. “The DePIN model is well-suited to solving this crisis because it gives everyone greater ownership of the infrastructure the global web relies on. It’s great to see Wayru taking this concept to Peak with such a noble goal in mind.”

As Wayru and peaq join forces to bridge the digital divide, their joint efforts promise to bring the transformative power of the internet to those who have long been denied access and create greater connectivity and opportunity for underserved communities in Latin America and the United States. It contains. .

Also Read: peaq unveils data verification framework to power DePIN

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