Venezuelan Team Working on Bitcoin Mesh Network Based on Offline Radios
A Venezuelan team is developing Locha, a decentralized mesh network that doesn’t rely on the internet to transact with Bitcoin (BTC). The system, based on radio waves, was born in response to frequent electricity and internet outages in Venezuela. Locha Mesh is an open-source project led by Randy Brito, a member of the Bitcoin Venezuela organization.
Their primary use case is for critical situations such as in Venezuela and Iran, where infrastructure issues or government restrictions often lead to protracted shutdowns of the Internet.
If this Locha eventually becomes a reality, then there will be no limit to what Bitcoin can achieve. The level of adoption hitting cryptocurrencies will make it not only an asset, but also a medium of exchange in the coming years more than it is today because Bitcoin and other cryptocurrencies are already use as a medium of exchange today.