Wicrypt Network, a pioneer in decentralized mobile web sharing and monetization, is moving forward with its integration into the Peaq ecosystem. The company has successfully linked its first WiFi hotspots to Krest, Peaq’s sister blockchain. These hotspots now have unique peaq IDs, simplifying connectivity to the peaq network for users.
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The digital divide, a term describing unequal access to the internet, remains a pressing problem worldwide. About 2.7 billion people, equivalent to a third of the world’s population, do not have access to the World Wide Web.
The most affected regions, Asia and Africa, show internet penetration rates of 61% and 40% respectively.
These disparities often put vulnerable communities, who benefit most from online opportunities, at a disadvantage.
Wicrypt’s innovative solution
Wicrypt, based in Nigeria, is on a mission to bridge this digital divide through its decentralized physical infrastructure network (DePIN) of WiFi hotspots. These hotspots allow individuals and businesses to share their internet connections, tackling the last-mile delivery challenge.
In return, participants earn tokens based on their usage statistics. Currently, Wicrypt’s DePIN network includes more than 1,100 hotspots in more than 30 countries, serves more than 45,000 accounts and facilitates the transfer of more than 895 TB of data.
Integration with peaq
Wicrypt started its integration with peaq in April 2023. This effort is aimed at providing seamless connectivity to users around the world. Recently, Wicrypt successfully connected several hotspots to krest, peaq’s sister chain, designed for testing decentralized applications (dApps) and DePINs.
These hotspots now have unique peaq IDs, allowing interaction with the network. Transactions made by the devices are now recorded on krest, laying the foundation for future reward distribution.
In a major development, Wicrypt has unveiled an updated operating system for its devices, ensuring compatibility with peaq out-of-the-box. New users can purchase pre-connected devices, while existing users can manually switch to this operating system.
Wicrypt is committed to supporting the peaq ecosystem and has made the integration open-source, providing documentation and how-to videos to help users connect their devices to peaq seamlessly.
Uplifting the underserved
“We are pleased to be moving forward with this integration and bringing the first hotspots live to Krest,” said Ugochukwu Aronu, CEO of Wicrypt.
“As a production-grade network, krest gives us a perfect testing ground for everything we build on peaq, and in the longer term it will increase the rewards users earn on our DePIN ecosystem. It is the perfect incentive mechanism to connect people who are disconnected.”
“The digital divide is the scourge of today’s world.”
Until Wendler, co-founder of peaq
“It is exciting to see that Krest is a testing ground for a project to cure the disease. The launch of Wicrypt hotspots on krest is just the beginning, as this DePIN tackles the global crisis with best-in-class Web3 tools and the desire to make the world a better place,” Till added.
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About peak
peaq is the go-to blockchain for real-world applications. The Peaq Layer-1 blockchain allows anyone to build decentralized applications (dApps) and decentralized physical infrastructure networks (DePINs) for car sharing, street maps, web access and more, creating real value as part of the Economy of Things.
peaq works with leading consortia such as Gaia-x moveID, a more than €20 million project led by Bosch, to co-create the future of smart mobility, energy, connectivity and other key industries in the real world. By empowering everyone to own, control, and monetize the devices and infrastructure they use, peaq is democratizing abundance in the age of AI-driven automation.
For more information, visit peaq, follow peaq on Twitter for updates, and join the conversation on Discord.
About Wicrypt
Wicrypt is a decentralized WiFi sharing and monetization network that allows anyone to get paid for sharing their WiFi. Wicrypt is the first African company to build a peer-to-peer infrastructure for sharing mobile internet data without the need for third-party integration.
Wicrypt has an international team with experience working for some of Africa’s largest employers, including KPMG, Chevron, Accenture, Nielsen and MTN Group, and is headquartered in Enugu, Nigeria.
