World Mobile is launching a blockchain-enabled 5G network using hydrogen-powered drones flying at 60,000 feet to provide wireless coverage up to 15,000 square kilometers per aircraft, outperforming satellite-based telecommunications with lower latency and costs. The satellite communications market is projected to reach $159 billion by 2030. World Mobile aims to tap into the $98.3 billion sky-based communications sector.

The company has a decentralized physical infrastructure network (DePin) and aims to extend services to underserved communities using a mix of traditional telecom infrastructure and distributed providers. Challenges for launching stratospheric-based communication platforms include technical and regulatory hurdles, such as ensuring fuel efficiency, weather resistance, and meeting aviation authority standards.

World Mobile faces competition in the decentralized wireless networks and space-based communication platforms from companies like Helium Mobile and Starlink. Starlink, launched by Elon Musk, provides internet connectivity through satellites and targets remote areas without cellular connectivity. World Mobile Stratospheric targets areas with a higher density of mobile users and requires dedicated hardware for connectivity.

Read more at Cointelegraph: World Mobile Launches Drone-Based, Decentralized Telecom Project