- World Mobile is leveraging the Cardano blockchain to enhance its global expansion and connect the unbanked population.
- The company’s partnership with IOHK is promoting a transformative approach to telecommunications services, enabling a more inclusive global society.
World Mobile Leverages Cardano for Global Outreach
World Mobile, in its quest for global expansion, is capitalizing on the Cardano blockchain to connect the unbanked. Charles Hoskinson, Cardano’s founder and IOHK’s (Input Output Hong Kong) CEO, lauded World Mobile’s adoption of Cardano’s blockchain technology in a recent tweet. Hoskinson highlighted that Cardano was developed with a primary purpose to support enterprises like World Mobile, aiming to provide connectivity and financial services to those without banking access.
I've always been proud of the wonderful collaboration between WMC and IOG as well as their work utilizing Cardano. Cardano was built for these types of applications that require scale, interoperability, and identity. Banking the unbanked requires connecting the unconnected https://t.co/6cim0DuIx7
— Charles Hoskinson (@IOHK_Charles) May 23, 2023
Hoskinson’s acknowledgement followed a disclosure by World Mobile’s CEO, Micky Watkins, who commended his company’s expansion strides. Watkins, also known as Mr. Telecom, demonstrated his excitement about the forthcoming expansion phase, particularly in the United States, on Twitter. He emphasized the company’s innovative self-sustaining sharing economy model, which has already initiated considerable disruption within the telecom industry.
The ongoing collaboration between World Mobile and IOHK promises a revolutionary approach to delivering telecommunications services, potentially fostering a more connected and inclusive global community. Their shared ambition and resolve seem poised to enact positive transformation within the telecommunications industry.
World Mobile’s Rapid Expansion Across Four Continents
World Mobile, a trailblazing telecommunications company, has quickly extended its operations across four continents, establishing itself as a global entity. The company has constructed a robust sharing economy, rivaling or even surpassing other decentralized wireless infrastructure (De-Wi) projects in the ecosystem.
World Mobile is aiming to generate a new and lucrative market opportunity by closing the digital divide and connecting the unconnected. During a March Community Update on Twitter Spaces, the CEO divulged ambitious plans to expand the World Mobile network into Pakistan.
Describing the expansion strategy as a “copy and paste” approach, Watkins suggested a streamlined and efficient procedure for introducing connectivity to new regions. Last year, the company allocated $350 million to foster connectivity in Africa, exemplifying its commitment to enhance global access to telecommunication services.