Vancouver, Canada, July 21, 2023 (GLOBE NEWSWIRE) — MetaBlox, a leading provider of decentralized WiFi solutions, unveils its latest game-changing innovation: the WiFi-Miner of the Future. This cutting-edge gadget ushers in a new era of decentralized internet access and token creation by combining cryptocurrency mining capabilities with smooth OpenRoaming Wi-Fi connectivity.
Since its founding, the company has prioritized the growth of its worldwide network to provide easy and instant connections for users worldwide. Going forward, MetaBlox is a token-driven growth model where users are rewarded for running network nodes that act as decentralized WiFi routers.
Primarily, MetaBloxs WiFi-Miner connects users to a worldwide WiFi network, allowing for seamless roaming between access points anywhere in the world. Plus, by simply connecting to any participating router/miner, users get automatic connections in over 2 million locations. The initial connection process involves creating a decentralized identity (DID) OpenRoaming WiFi credential via the free MetaBlox app, available on Android and iOS. Once registered, users will automatically connect to the Internet whenever they are within range of Metablox wifi routers.
The Metaverse relies on uninterrupted network connectivity, facilitated by the widespread WiFi network accessible to MetaBlox miners. This wide WiFi coverage ensures a constant and stable Internet connection for the smooth functioning of the Metaverse. MetaBlox also provides passwordless on-chain authentication for various operations within Web dApps3 through a DID-based identity management/authentication protocol for WiFi logins. This technology presents exciting new options for dApp users and investors, such as passwordless authentication to level up in GameFi.
It’s worth mentioning that MetaBlox has partnered with other initiatives to further its goal of laying the foundation for Web3. These companies include: Harmony, an open blockchain platform that supports Ethereum applications; Caldance, an exercise equipment company that uses gamification to reward users in cryptocurrency for their workouts; Memolabs, a decentralized, blockchain-based cloud storage protocol; and Deeper Network, a Web3 ecosystem initiative that offers new products such as a decentralized private network (DPN) as an alternative to conventional VPN, have all been involved in these partnerships. The partnerships aim to improve the quality of MetaBlox services and help advance the Web3 ecosystem.
Arman Alan, the head of community and growth at Metablox, said: “If you look at cryptocurrencies and crypto platforms today, they are not floating or integrated. The blockchains operate independently of each other so that the user community has a say in how the network works.”
To ensure maximum security, the MetaBlox team can isolate your home network from the public network to mitigate the impact of any attacks or compromises. Alternatively, operators can continue to use their existing home network/router, with MetaBlox installing a firewall to isolate it from the mining network. Additionally, MetaBlox miners require much less power than traditional mining devices due to their router functionality, making them an environmentally friendly choice.
MetaBlox places a strong emphasis on user privacy. While DID verifications are recorded on the blockchain to establish WiFi connections, MetaBlox protects users’ privacy by allowing their DID credentials to impersonate them in any way they want, even anonymously. This unique approach means that users can connect to the global network without compromising their personal information on the blockchain ledger.
In conclusion, MetaBlox WiFi-Miner operates through a community-driven model, where people buy, distribute and manage miners. This decentralized approach ensures that ownership of the network is distributed throughout the community. Participants are rewarded with mining tokens to help users connect to WiFi natively Web3, thereby benefiting from the value they create.
About Metablox
MetaBlox is a leading provider of decentralized WiFi solutions, offering a global network that rewards people for operational network nodes. Leveraging OpenRoaming technologies and blockchain-based mining processes, MetaBlox offers continuous, automatic and secure WiFi connections worldwide.
Disclaimer: There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any securities or other products or services in this article. This is not investment advice. Please do your research.
Contact details:
Name: Nigel Nie
Email: info@metablox.io
Company: Metablox Laboratories
Location: Vancouver, Canada
#MetaBlox #unveils #future #decentralized #internet #access #WiFiMiner
Image Source : www.globenewswire.com