Charles Hoskinson on the power of World Mobile
Interview – IO CEO Charles Hoskinson on the World Mobile network
World Mobile and Input Output (IO), the research and development company responsible for developing the Cardano blockchain protocol, enjoy a deep and productive partnership.
Our goal of delivering equitable connectivity around the world through a better and fairer mobile network built on blockchain aligns with their pursuit of the democratisation and decentralisation of the Web 3.0 technologies that provide digital agency and exciting new financial services to people across the world.
During our recent visit to Consensus 2022 in Austin, Texas, we had the opportunity to meet and discuss these challenges with many key players in the Cardano ecosystem. We had exciting conversations with Input Output about expanding our partnership and how we can work together to deliver a better and fairer future for all.
While we were at the event, we also sat down with Charles Hoskinson, CEO and Founder of Input Output, to speak about his impressions of the World Mobile network and our mission to connect the unconnected.
An innovative approach to rebooting telecoms
Hoskinson began by saying how impressed he is with the progress we’ve made in facilitating connection, not only in terms of our Zanzibar rollout but also in demonstrating the feasibility of our sharing economy model.
“We went last year to Zanzibar, and we had a chance to see some of the towers you put up,” he said.
“In our meetings with WM we were really surprised to see how far long you were, particularly in Zanzibar - it takes only two balloons to cover the entire country and that’s just extraordinary - and the fact that these are not hypothetical things but are in deep design, deep manufacturing and are near horizon, so not three years but much sooner.”
“I think you guys have an extraordinary offering and it’s really exciting to see it go from an idea to a reality that will transform and change the lives of millions of people,” he added.
Another aspect of the World Mobile network that impressed Hoskinson is its disruptive hybrid network model that upends the traditional approaches to network infrastructure used by legacy networks.
“There’s been an enormous amount of innovation in the past 25 years in the telecommunications industry, but because of the market structures of the telecommunications industry there’s really no incentive to roll out that innovation. So, in many ways we’re stuck on technology that was built in the 1990s, the 2000s and in some cases the 1980s, in the age of cellphones and software-defined networking.”
“There have been a lot of innovations that World Mobile is pioneering and leading… ultimately allowing the connection of the unconnected. But what’s also really cool is that the infrastructure can be democratised, can be decentralised, just like Bitcoin with mining nodes.”
“You can have these new concepts of people providing telecommunications services across an entire community.”
World Mobile powering RealFi and Web 3.0 services
Hoskinson spoke about the work Input Output is doing with partners in the Cardano ecosystem to bring RealFi and new decentralised financial services to Africa and the rest of the world. While these innovative technologies will deliver financial autonomy and digital services to those who need it the most, they all rely on the foundation of connection, and a type of connection compatible with the decentralised ideals of Web 3.0.
“It’s super important that we have a diverse range of partners across all of those verticals, but one of the most important relationships is the WM relationship, because frankly nothing gets done if you can’t move packets of information around.”
“When you try to deploy [RealFi] for example in Kenya, you are missing something more foundational…. You need telecommunications energy and computing to power all these foundations,” he said.
“What’s really exciting is not only that can you do it, but you can do it a new way that doesn’t allow the centralisation of power, in a way that allows the democratisation of the technology and in a way that crosses borders. It is intrinsically inclusive and anybody can be a part of this.”
“I’m confident you will get it done”
After speaking with our recently appointed Chief Architect, James Tagg, and our senior team at Consensus, Hoskinson is interested in the ability for the World Mobile network to deliver more efficient, decentralised connectivity to remote areas around the world, including the United States.
“I’d love to take it to America if we can. The state of Wyoming has some of the most remote areas and least connectivity of any US state – half a million people and a big landmass. It would be a lot of fun to see how we could improve connectivity there without having to launch a bunch of satellites or any of these types of things.”
He is also excited by the progress we are making and feels confident that our vision of a better and fairer global mobile network owned by the people will be realised.
“It’s one thing to have schematics and patents, it’s another thing when you actually can demonstrate at scale a network with millions of people. And again, that appears to be near horizon. There’s a lot of confidence in the team,” he said.
“To innovate and spend just a little and yet have a result of millions of people is an incredible story and it’s really exciting to see how quickly you guys have moved along,” he said.
“I have confidence you guys are going to get it done.”