5 billion people now have a mobile phone. 4 billion have a smartphone. There are about 7.5 billion people on earth so very roughly there are 3.5 billion people globally that aren’t yet connected to the Internet. Pushing down the price of handsets below $20 dollars with KaiOS will bring a few more million. But we are reaching the point where connecting people is an issue for available Internet connectivity more than it is one of costs. Google and Facebook have experimented with balloons and drones to increase Internet usage; and Governments have subsidised infrastructure and connectivity costs around the world. The challenge of ‘connecting the unconnected’ isn’t one of understanding or business focus, it’s one of costs. Mobile connectivity is expensive to provide and maintain. The capex costs associated with installing and maintaining a wireless network across countries is vast let alone deploying the latest network protocols every 10 years or so. The challenge of getting everyone in the world connected is expensive data and lack of access in isolated and rural areas.
Rightmesh is making it cheaper, faster and easier for people to connect to the Internet. Using a combination of networking protocols like WiFi, Bluetooth 2.0, and Wi-Fi Direct, combined with switching technologies and crypto-tokens, Rightmesh is enabling peer-to-peer connectivity. This reduces the need for and cost of connectivity infrastructure at the edges of the network. The key new feature is the use of crypto-tokens to incentivise smartphone owners to provide connectivity to their peers. We think this combination of mesh networking and a token-based incentive system is compelling enough to be integrated by mobile network operators at the edge of the network and in high density areas. But more importantly it provides a way for billions of people to come online. Rightmesh is the category leader today and we expect mobile connectivity to increasingly become peer-to-peer and decentralized.