Web3 Restructuring the Telecommunications Industry: Exploring How Blockchain is Changing the Communication Landscape with Roam as an Example

Under the global wave of digitalization, the traditional model of the telecommunications industry is facing huge challenges. The implementation of 5G technology brings immense investment pressure, but the revenue model has not improved, and value-added services have yet to break through, falling into the competition for the existing market. Data shows that while the revenue of leading telecommunications companies in the U.S. is higher than that of internet giants, their profitability and market value are far inferior to the latter, reflecting investors' lack of confidence in the industry's heavy asset model and growth potential.

The telecommunications industry is undergoing transformation, but past attempts by virtual operators have not addressed the fundamental issues. The current market shows a situation where several operators are fighting for existing market share and deeply cultivating niche markets. This reflects the overall economic difficulties, and going overseas has become a common choice. However, the telecommunications industry faces many obstacles when going abroad, such as market access restrictions, differences in spectrum allocation, and data localization requirements. Even through equity investment, joint ventures, or virtual operator models, it is still difficult to escape the predicament of limited market share competition and huge investments.

Web3 technology provides new ideas for the reconstruction of the telecommunications industry. This is not just a simple "Blockchain+", but rather upgrading the communication network to a fundamental value exchange layer through globalization, token economy, distributed governance, and other methods. At the infrastructure level, physical network resources achieve tokenized sharing, and spectrum resources are governed by DAO to improve utilization. Cross-border services and settlements are automated, significantly reducing costs. In addition, communication and finance achieve deep integration, deriving innovative services.

Roam, as a representative of Web3 decentralized telecom operators, is committed to building a global open wireless network. By combining OpenRoaming™ Wi-Fi and Web3 technology, Roam has established a decentralized communication network with over 1.7 million nodes in 190 countries, performing 500,000 network verifications daily. Its innovative model reduces the cost of global network construction and enables seamless login and end-to-end encryption.

The success of Roam validates the feasibility of Web3 reconstructing the telecommunications industry. This reconstruction essentially upgrades the communication network into a value exchange network, realizing the triadic transmission of "information + value + trust". Historically, advancements in communication technology have continuously driven payment reforms, enhancing the efficiency of information transmission, expanding the boundaries of connections, and reconstructing trust mechanisms. Blockchain-based communication networks are expected to further promote inclusive finance, connecting a broader range of people and devices.

The future telecommunications industry may form a hybrid model of "centralized facilities + decentralized services." One type of basic communication operator continues to manage physical infrastructure, while another type, such as Roam, reconstructs itself as a global value routing hub based on communication networks and Blockchain technology. This new communication ecosystem may become the digital infrastructure of the Network State ideal.