One of the biggest problems many tech companies have faced in recent decades has been getting the majority of the African population into the global economy. As high-speed internet becomes faster and more convenient in many places around the world, Africa’s infrastructure remains primarily intact, particularly in the more remote parts of the sub-Saharan region.
Unfortunately, only 22% of the continent has high-speed internet access, a number that largely represents its urban areas. Mobile towers are incredibly outdated, with 91% of mobile users having to rely on 2G or 3G networks. A blockchain startup is working to change that.
Why does Africa need 3air?
3air, a blockchain-based startup bridging the gap between Africa’s connectivity woes and vast cryptocurrency potential across the continent, will bring high-speed broadband internet access and decentralized finance to large African cities. in the next years. The company plans to use wireless mesh technology and NFT subscriptions to connect over 300 million new users to the Internet and the Web3.
With these products, 3air hopes to empower Sub-Saharan Africans by connecting them to the global economy. Hardware is an essential part of the Internet connectivity service. 3air will use K3 Last Mile technology to provide up to 1GBPS of dedicated Internet connectivity within a 50km radius around a base station. These stations can be built almost anywhere; they were distributed in nine countries on three continents.
How can NFTs be a part of the financial solution?
Through its broadband access, 3air will provide many other services, including banking services, microloans and cryptocurrency wallets. 3air offers purchasable NFTs, providing Internet access as a subscription. Unlike traditional connectivity contracts, NFTs do not force users to commit in terms of time. Customers can instead resell their tokens to others on a decentralized market. NFT subscriptions don’t require a bank account or home address, so limitations are no longer an issue.
How can you take advantage of the cash-to-crypto options?
In this model, the transfer of the subscription also becomes an option; if a user moves, he can transfer the service to another resident instead of canceling and resuming the services. Additionally, once users have been enrolled into Web3 via this service, 3air will provide onboard learning services to users on board faster and with cash-to-crypto options that do not require onboarding via a checking account.
Web3 is a complicated concept for anyone to understand, and the company believes that providing these services will connect Africans to the global economy more quickly. 3air will teach new users topics related to blockchain, such as opening and using a new cryptocurrency wallet, how to use the new Internet Web3, and other complex topics that may have difficulty learning independently.
What are the advantages of 3air?
With the internet service and blockchain provided by 3air, 3air will offer additional services in addition to the internet connection. Banking is complex for those without physical access to a bank, which is very rare in sub-Saharan Africa. Through the 3air blockchain, users can store currency, use currency as payment, and use other services provided by banks, such as loans, savings and checking accounts.
The 3air market is already open to the public and works with African artists and creators to elevate them globally. By providing Internet service first, 3air will then be able to extend many other services, such as banking services, microloans and Web3 educational services. African talent and businesses should be able to expand much faster than they would without this connectivity. With a comprehensive blockchain, proven hardware, and a steady roadmap, African users should expect these general services to arrive starting in 2023.