Amir Haleem, CEO of Helium, Part 1: Blockchain and the Internet of Things

Helium is about the convergence of two big ideas – blockchain and the internet of things – to help fashion the “data layer on the world.” Helium’s innovation is to get “hotspots” (combining software and hardware) into people’s hands to effectively crowdsource a network of devices. Using radio waves, blockchain, and the internet, the potential is to create an every-day-internet-of-things using every-day devices so that conceivably anything can be tracked anywhere (if the vision succeeds). What’s one real-world possibility? Connecting low-powered sensors that can detect a potential natural disaster, such as a fire, and alert people to the threat. Starting in Austin, Texas, Helium is rolling out their hotspots to consumers this year.