“Streaming Money as if it Were Data:” How the DeWi Ecosystem Stands to Dramatically Change the Telecommunications Industry

In today's episode of the Brains Byte Back podcast, we speak with Jose Torres, co-founder of LongFi Solutions, a company that deploys Decentralized Infrastructure to enable low-cost, last-mile connectivity essential for local communities. Torres kicks off today’s show by sharing his background, including his journey from Medellin, Colombia, to the United States and his experience in aerospace engineering and the water desalination industry. Torres also shares how the name "LongFi" originated from a protocol created as part of the decentralized wireless movement, adding that a focus on IoT led to the name "LongFi Solutions.". Additionally, Torres educates listeners about the DeWi (Decentralized Wireless) ecosystem, and how it is leveraging blockchain and crypto tech stack for innovative wireless communication network deployment. On this topic, he opens up about the limitations of the conventional telecommunications business model, such as high capital costs, limited profitability, coordination challenges, and slow expansion.  He then details how the role of the blockchain and crypto tech stack can help overcome these challenges and enable disruptive and innovative ways to deploy wireless communications networks. This is then followed by examples of functioning DeWi ecosystems and blockchains, showcasing the potential of this new sector. Before wrapping up the show, Torres shares the philosophy behind decentralization and the belief in eliminating the wall between the controlling elite and the rest of the world.  He speaks about leveraging blockchain and crypto tech stack to create a unified ecosystem where individuals can participate in the improvement and share the profits, and he also stresses the need for cryptocurrencies and blockchains as a unifying layer in the decentralized wireless ecosystem. And finally, Torres highlights the example of the Helium network, where antenna owners receive micropayments in real-time to provide connectivity to IoT devices, and elaborates on how cryptocurrencies enable seamless micropayments for data transmission between antenna owners, sensor owners, and end users. Our Guest🙋: Find out more about Jose Torres here (LinkedIn) - https://www.linkedin.com/in/jose-m-torres-pmp/ Find out more about LongFi Solutions (website) - https://www.longfisolutions.com/ Brains Byte Back 🧠👨‍💻🎙️: Leave an iTunes review here - https://apple.co/3i60XWu Subscribe on Youtube here - https://bit.ly/3o1M4Z3 Follow us on your favorite podcast platform here - https://bit.ly/3kTfNkY Our Sponsor 💻☎️: Find out more about our sponsor Publicize here - https://bit.ly/3X6p7SB