# Helium

**Published by:** [Helium](https://paragraph.com/@helium-2/)
**Published on:** 2022-11-06
**URL:** https://paragraph.com/@helium-2/helium

## Content

Helium is a decentralized blockchain-powered community for IoT devices that utilizes a international network of low-electricity wi-fi hotspots to broadcast statistics via radio waves to be recorded within the blockchain. The network uses a new algorithm, known as the proof-of-insurance consensus, to validate that the hotspots are imparting legitimate wi-fi coverage.

## Publication Information

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