World Mobile is developing a global hybrid telecoms network using a shared economy model built on blockchain. The use of blockchain in this model enables the removal of intermediaries and a layer of cost. It also enables the rapid expansion of the network thanks to the transparency provided by smart contracts, which allow the participants to have a provable and guaranteed rewards system. World Mobile is providing a solution to the global problem that nearly half of the world is still not connected. This solution aims to address the affordability issue, as well as the more efficient use of network resources, to enable connectivity to be provided in a more distributed and decentralised manner. The World Mobile Chain operates as a layer 1.5 network with node operators that provide decentralised telecommunications services including Communications as a Service, Content as a Service, etc The token powers the sharing economy, all transactions generated on the network will be paid out in WMT to node operators and stakers. Transactions on the network are generated via calls,texts,streaming,internet browsing or using any other value added services such as healthcare, insurance, micro-loans offered and more through World Mobile service.
