The world of telecommunications is rapidly changing with the emergence of new Web3 technologies. This article explores how decentralized networks and blockchain can enhance user experience and security.
Traditional Telecommunications: Limitations and Challenges
Telecom companies are often criticized for their inflexibility and high costs. They rarely develop and support products outside standard projects. In the US, these companies attempt to cut costs due to an oversaturated market, including using private data for targeted advertising or selling data to third parties. Contracts often contain hidden clauses allowing price increases, causing consumer discontent. Experts note that such one-sided contracts have spurred complaints for over 20 years.
Web3 Technologies and Their Application in Phones
Web3 founders address the challenges of traditional networks by developing solutions using blockchain and DePIN. The first crypto phones emerged around 2018, providing Web3 access, but their interface was less user-friendly than desktop platforms. Modern Web3 phones securely protect personal data and ensure transactional privacy. They support direct interaction with DApps and blockchain platforms without intermediaries, reducing user costs.
New Web3 Phones: Solana Saga, World Mobile, and Others
Solana’s first crypto phone, Solana Saga, includes features like Solana Pay, a seed vault, and a DApp store. The upcoming Seeker model will feature improvements in camera, display, and battery. World Mobile offers a decentralized mobile network where users can co-own and earn revenue. Phone plans cover 99% of US territory and over 60 countries. Polygon, in partnership with Nothing, has developed Polygon's first Web3 phone with a focus on data security.
Web3 technologies bring new possibilities to telecommunications, enhancing privacy and data security. The emergence of new devices and decentralized networks allows for a reconsideration of existing business models and offers a fairer user experience.
