AT IUNGO WE BELIEVE THAT AFFORDABLE INTERNET ACCESS IS A BASIC HUMAN RIGHT!
The emergence of a plethora of powerful personal and business internet applications has transformed how businesses and consumers operate. Explosive growth in internet consumption is being propelled by rapid advances in internet-related infrastructure and services.
Despite the explosive growth, major problems still persist for users to get onto this information superhighway. One of the problems with local providers and local connectivity is that it limits on the go usage. Mobile data plans implement usage restrictions and relatively high fees.
WiFi connection problems range from annoying nuances such as localized captive portals and injected advertisement to dangerous issues such as malicious hotspots and open access points where more or less everyone can eavesdrop on your unencrypted traffic. Industry bodies and local providers fail to address the issues of seamless connectivity and roaming.
WHY CAN’T WIFI JUST WORK RELIABLY AND SECURELY?
IUNGO is a globally distributed wireless internet service provider built with the help of a worldwide community. We 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.
Our 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. 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.
A TOKEN BASED ECONOMY POWERED BY A CLOSED LOOP OF INCENTIVES
Supply side participants in the IUNGO Network will be incentivized to provide internet access both in places with high traffic of smartphone users and remote workers (town centers, cafes, airports) but also in remote places in the developing world where there was no internet coverage before — imagine, for example, an enterprising citizen of a remote African village sharing his satellite based broadband with his community via IUNGO. The advantages for the consumers in the developed world are obvious; fast, secure, instantaneous WiFI internet access wherever they are in the world. No forms to fill in, no risk of personal data being stolen, no extortionate hidden roaming charges.
Iungo
