Introduction
In a study on mobile telecommunications usage around the world, researchers discovered that more than half of the world, including more than 57 percent of Africa, does not have access to the internet, according to the findings of their research. Despite the fact that newer models of mobile phones have been introduced in recent years, the existing state of affairs has not much improved since the beginning of the decade. The reason for this is straightforward: infrastructure is incredibly expensive to create and maintain on a long-term basis, which makes it a poor investment according to the decision-makers of those underprivileged countries.
How is Futira addressing this problem?
It is vital to comprehend the operation of central offices in order to gain a thorough understanding of telephone networks and how they function. These offices are in charge of ensuring that phone calls and internet packets are delivered to their intended recipients. Anyone seeking to cover the entire continent of Africa using today's central office technology will find it extremely difficult to recoup their initial investment once they have made a major investment in the technology. In this scenario, this is the situation that exists as a result of the low population density in the immediate neighborhood of the location in question.
In the case of central administration, it will be feasible to achieve greater decentralization and efficiency through the use of blockchain technology in conjunction with smaller switches for user data storage and data routing. It will also be possible to use smaller switches for data routing in coordination with several other smaller exchanges. To achieve this goal, the Futira Corporation was founded as a blockchain-centered company, which is still in operation today. In order to accomplish this goal, the Inovatian Group of Companies (www.inovatian.com) was also founded.
What is Futira doing to solve the problems?
More specifically, it is being done in order to increase the number of powerful 4G towers, which will allow the network to be as close as feasible to the maximum range of the 4G standard, as is possible without sacrificing the quality of service (around 30km). Coverage gaps in densely populated areas are generated by high-altitude towers, and mesh Wi-Fi is being used in concert with other technologies to fill in these gaps and provide coverage for densely populated areas in these locations. By utilizing blockchain technology, it is possible to handle user identity and authorization in real-time.
Blockchain technology, however, is still in its initial stages and is currently undergoing further research and development. Following these technological achievements, the network's running expenses were cut by around tenfold, making it possible for the network to expand into previously unreachable regions, such as parts of Africa and the Middle East, without incurring additional expenses. We find it particularly intriguing to look at blockchain technology in this context since it will enable the establishment of an electronic coin, Futira Coin, which will act as a source of revenue for the network.
Conclusion
Once the network has been formed, it will be the only means of obtaining credit on the network. In turn, this ensures that the currency will continue to be in great demand for the foreseeable future. There is no requirement for the average user to be familiar with the technical specifics of the currency. A rate in his own currency, which is the fiat currency, will be used to purchase credit on the network at a rate that he is familiar with. Once the credit has been received and verified by the system, it will be converted to Futira Coin. Users and the community will be guaranteed that if the value of their credit falls below the amount they paid in their Fiat currency, they will get the amount they paid in their Fiat currency as compensation. This guarantee will only apply to those who use the service.
For More Details:
Web URL: https://futiracoin.com/
Telegram URL: https://t.me/futiracoin
Twitter Address: https://twitter.com/FutiraCoin/
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