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December 5, 2024

Roam’s Disruptive Force in Telecom: Decentralization at Work

Roam’s Disruptive Force in Telecom: Decentralization at Work

Roam is shaking up the telecom game by going all in on decentralization. This means they’re offering an alternative to the conventional telecom model, which is all about free access and better security. Their approach could really hit the established players in the market hard, potentially eating into their profits and customer base. With a model driven by the community, Roam is making strides toward a more inclusive and sustainable telecom future.

The Shift Towards Decentralization

The telecom sector is in a tough spot, especially with the digital transformation. Sure, 5G is on the rise, but traditional telecom operators are stuck in a financial quagmire. The costs of rolling out 5G are massive, but their traditional revenue streams like voice calls and SMS are on the decline, thanks to free alternatives like WhatsApp. Even attempts at developing value-added services have been sluggish, putting operators under even more financial strain.

Despite pulling in 41.5% more revenue than internet giants, telecom companies have low profitability. With margins at just 23% of their counterparts, their net income is around 5%, and their market valuations are a mere 30% of internet firms. It’s no wonder investors are wary of these capital-heavy, low-growth models.

The industry’s reliance on contracts and fixed fees has stunted flexibility and hurt customer experience. Meanwhile, user-centric platforms are thriving, showcasing the need for telecom operators to innovate.

Roam’s Innovative Solution

Roam is stepping in with a fresh take, merging the best of Web2 and Web3. With traditional WiFi networks already handling over 70% of global data due to cost efficiency, the old-school infrastructure isn’t cutting it. Roam’s self-developed WiFi routers, featuring cutting-edge protocols like WiFi 6, are designed to provide faster, more secure connections. Plus, their partnership with the WiFi Alliance and Wireless Broadband Alliance for OpenRoaming technology means seamless logins and encryption are built into the network, boosting user privacy and connectivity.

Using Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs), Roam enhances privacy and security, cutting out the need for centralized databases. Its decentralized OpenRoaming nodes let users connect safely across millions of hotspots globally, with encrypted connections protecting sensitive information.

The Community as a Driving Force

Roam eSIM is a game changer, offering a hassle-free alternative for its global open wireless network vision. Users can activate data plans directly on their devices without needing physical SIM cards, covering more than 160 countries and providing flexible, competitive plans.

What really sets Roam apart is how it incentivizes its users. By participating in activities like Check-Ins, users can earn free eSIM data or Roam Points, which can be exchanged for $ROAM tokens or redeemed for various rewards within the ecosystem.

This community-driven approach has led to impressive growth. By December 2024, Roam had over 1.5 million registered users and 900,000 self-built network nodes, reaching remote areas like the Siberian Plateau and Northern Canada. The eSIM launch in October spurred user growth, with registrations jumping from 750,000 to over 1 million in under 20 days. More than 600,000 daily interactions validate the network, a level of engagement traditional telecom operators can only dream of.

In just a year, Roam has seen phenomenal growth in both user base and node deployment, solidifying its position as a leading DePIN project. It ranks first among DePIN projects, catching the attention of traditional telecom operators.

Roam is moving away from the traditional “pipe” model, creating a co-built ecosystem where users actively contribute to network construction and optimization. This collaboration has resulted in a more resilient and secure network. During an AMA focused on app design, over 300 suggestions were submitted in just one hour, highlighting the community’s engagement.

Security and Privacy at the Forefront

Roam aims to build a decentralized global open wireless network through the merger of Web3 technologies with the OpenRoaming framework. It strives to become a Telecom Data Layer to bolster the DePIN ecosystem. As the user base expands, the Roam protocol could supply 3W data based on geographical locations for Web3 projects like SocialFi and GameFi, while Roam generates revenue through its network nodes and the growing user base. Looking ahead, Roam plans to integrate AI and DePIN technologies, serving as a gateway for AI training and enabling smooth interaction between hardware devices and advanced AI systems.

Roam is pioneering a new era in traditional telecommunications with a decentralized hardware deployment and free-to-use business model. Its community-centered approach and user incentives have driven rapid growth, positioning it for mass adoption. As Roam continues to expand and incorporate new technologies, it is on track to revolutionize the telecom sector, enabling users to actively participate in building and optimizing the network. This marks the dawn of a secure, sustainable Web3 future.

Summary

Roam’s decentralized model is set to shake up the telecom landscape and impact traditional operators’ market share and profitability. Offering free or competitively priced data plans and seamless connectivity, Roam is luring users away from traditional paid services. Transitioning to free access models is not easy for traditional operators, and Roam’s cost-effective services could cut into their revenues. With a community-driven model and user participation incentives, Roam is boosting user loyalty and engagement, making it harder for traditional operators to keep their customers. Furthermore, Roam’s use of blockchain and decentralized identities enhances security and privacy, making it an attractive option for users concerned about these aspects.

Roam stands out with its unique approach to integrating Web3 technologies within the telecom sector. By combining decentralized network architecture, community incentives, advanced hardware, and Web3 integration, it positions itself as a leader in the DePIN space. Its focus on user privacy, security, and global connectivity differentiates it from many other emerging decentralized telecom solutions.

As Roam continues its expansion and tech integration, it is on the verge of redefining the telecom industry, empowering users to actively help construct and optimize the network. This marks the dawn of a secure, sustainable Web3 future.

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Alina Garaeva
About Author

Alina Garaeva: a crypto trader, blog author, and head of support at Cryptorobotics. Expert in trading and training.

Alina Tukaeva
About Proofreader

Alina Tukaeva is a leading expert in the field of cryptocurrencies and FinTech, with extensive experience in business development and project management. Alina is created a training course for beginners in cryptocurrency.

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