IUNGO Network: a Decentralised Global Wireless Internet Provider, powered by blockchain technologysteemCreated with Sketch.

in #crytocurrency6 years ago


When you think about it, we’re surrounded by the internet. In fact, it’s a 620 billion dollar industry that is still growing rapidly. One major characteristic of this industry is that it is extremely centralised and the vast majority of profits accrue to a handful of large, monopolistic Internet Service Providers (ISPs). This is a wonderful arrangement for the big players but not so beneficial to consumers and business customers.
IUNGO Network will disrupt the current WiFi provider industry by allowing anyone to become a wireless ISP, and to provide wireless network connectivity to any user for seamless consumption. IUNGO’s blockchain powered technology allows users to make payments for this wireless service. According to IUNGO’s Chief Technology Officer Andrius Mačys, “by allowing small businesses — like cafes or pizzerias — to easily generate additional revenue by becoming wireless ISPs, IUNGO Network will be rapidly adopted and our user friendly interface will attract a large segment of internet users.”
IUNGO Network allows users to find a secure WiFi hotspot that matches his or her preferences for speed and price. On top of that, with the push of a single button, IUNGO Network will seamlessly connect to the WiFi network, based on those preferences. It’s as easy as using your mobile network on your phone.
Many small business owners as well as larger organisations would benefit from having a “plug and play” wireless network system, provided by IUNGO, which doesn’t require dedicated IT personnel to maintain.The simple and elegant design allows owners to simply choose their settings according to what they think is the best — if they want to get paid for usage (time or data size), or if they simply want to collect information that could be used for promotions, like email marketing.
As IUNGO’s CEO, Ričardas Bernotavičius puts it, “we believe that IUNGO is for a new generation of consumers — people who want everything on the go, for a fraction of the price. Forget using expensive roaming, or filling in countless forms when trying to connect to a WiFi network in the middle of nowhere — IUNGO will transform the way anyone uses WiFi networks for a dramatically improved user experience.”
How it works
Most of the major Telcos and ISP’s are regionally based with no convenient services for today’s new generation of freelance workers, digital nomads, travelers, vloggers etc. It is a significant problem for them to access reliable and sufficient internet services outside of their home country. Wi-Fi password hunting, filling forms in airports and public spaces, unknown security or payment options, poor download and upload speeds and data usage restrictions causing not just inconvenience but a measurable and material waste of time, energy and money. The solution could be a global ISP provider. This is how the IUNGO vision was born.
IUNGO is a globally distributed wireless internet service provider built with the help of a worldwide community. They are bootstrapping a community where everyone can assume responsibilities and benefit from the associated rewards for running parts of the service delivery infrastructure. Members can contribute by installing Public Wi-Fi access points on their premises and/or running parts of the service infrastructure.
IUNGO Network will rely on the existing physical Internet infrastructure to carry end-user traffic and will form an overlay network with unified end-user identification, authentication and billing systems. As Andrius explains,”we will use the Ethereum network to build trusted, transparent accounting and payment infrastructure. Our mobile applications will enable low granularity service usage accounting and compensation for services rendered. Additionally to the software solution, hardware will be offered as an option, with pre-setup routers available for those seeking a consumer friendly plug and play experience.”
IUNGO will not limit itself to the technical research and development needed to deploy the network at global scale, but will also build worldwide recognition of the brand.

IUNGO.network will create an open source solution which enables anyone to provide Global Wifi Network and start earning. For users it means simple, fast internet access Worldwide.
It's like Airbnb for the internet access.
Join us at https://iungo.network/ or https://t.me/IUNGO

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