Bitcoin To Benefit From Facebook’s Project

To use Bitcoin properly, an active internet connection is needed. Regardless of whether that connection comes in the form of WiFi or mobile data connectivity, sending and receiving Bitcoins benefits from an internet connection at some point. Facebook is making quite some headway with their solar powered drones project, as these machines will be able to provide internet connectivity by using lasers and radio signals.

Using Drones for Internet Connectivity in Unbanked Regions

Bitcoin could make a major impact in unbanked and underbanked regions of the world. People living there have little to no access to financial services, and Bitcoin could provide them with exactly that. However, in order to do so, Internet connectivity is a must, and that infrastructure is not always present in these areas.

If Facebook’s Mark Zuckerberg has a say in the matter, however, internet connectivity might be coming to those parts of the world in the near future. Rather than investing in traditional infrastructure, Facebook will be deploying solar-powered drones using a combination of radio signals and lasers to provide high-speed Internet connectivity.

“I’m excited to announce we’ve completed construction of our first full-scale aircraft, Aquila, as part of our effort. Aquila is a solar-powered unmanned plane that beams down Internet connectivity from the sky. It has the wingspan of a Boeing 737, but weighs less than a car and can stay in the air for months at a time. We’ve also made a breakthrough in laser communications technology. We’ve successfully tested a new laser that can transmit data at 10 gigabits per second. That’s ten times faster than any previous system, and it can accurately connect with a point the size of a dime from more than 10 miles away.” – Mark Zuckerberg

It is important to note that the previously mentioned 10 gigabits Internet connection speed would be shared among all users connecting to the network. However, this type of connectivity leaves ample room for a ton of users to connect at the same time and still achieve reasonable Internet speeds, all at the same time.

The main reason why these solar-powered drones will be using lasers to provide Internet connectivity is so they can communicate with each other.  On top of that, every drone will communicate with a ground-based station through radio signal. These ground stations will transmit a radio internet signal to the “mother aircraft”, which will then use its onboard laser to spread that signal to other drones. Internet signals will be sent down to Earth through radio signals, where users can pick them up with their internet-enabled devices.

Bitcoin Adoption To Benefit From Facebook’s Project

Facebooks’ project wants to bring free Internet access to those parts of the world where there is little to no connectivity at this time. Despite the company’s efforts to bring free internet to low-end phones on the market, Mark Zuckerberg feels more efforts should be undertaken in order to give everyone in the world access to the Internet.

“This effort is important because 10 percent of the world’s population live in areas without existing Internet infrastructure. To affordably connect everyone, we need to build completely new technologies.” – Mark Zuckerberg explained.

Bitcoin adoption in underbanked and unbanked parts of the world could get a tremendous boost from Facebook’s project. Once more people have access to an Internet connection, they will be looking for financial services sooner or later. Considering how there is no infrastructure in place for these services, Bitcoin seems to be the obvious choice.

Source: Ars Technica

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