Web3 Reconstruction of the Telecommunications Industry: From Communication Networks to Value Exchange Networks

In the wave of digitalization, the traditional business model of the telecommunications industry is facing challenges. The promotion of 5G technology brings significant investment pressure, but the revenue model has not improved, and the breakthrough of value-added services is limited, leading to competition in a saturated market. Data shows that while the revenue of major telecommunications companies in the United States is higher than that of internet giants, their profitability and market value lag significantly, reflecting investors' lack of confidence in the industry's prospects.

The telecommunications industry is undergoing transformation. Previous attempts to engage in virtual operator businesses have not addressed the fundamental issues. Exploring overseas has also been fraught with difficulties due to regulatory restrictions in various countries. Currently, operators face dual pressures from competition in the existing market and deepening efforts in segmented markets.

However, Web3 technology brings reconstruction opportunities to the telecommunications industry. This is not just a simple "blockchain +", but an upgrade of communication networks to a fundamental value exchange layer through globalization, token economy, distributed governance, and open protocols, to support future digital civilization.

At the infrastructure level, physical network resources can be distributed and shared through tokenization. A certain decentralized telecom operator has validated the feasibility of incentivizing users with tokens for contributing Wi-Fi hotspots, establishing a decentralized communication network covering millions of nodes. DAO governance of spectrum resources can enhance utilization and create shared revenue. The decentralized identity (DID) solution allows users to have control over their SIM card data, reducing privacy risks.

Cross-border services and settlements are automated. A blockchain alliance restructured international roaming settlements, compressing the settlement cycle from 30 days to real-time, reducing costs by 40%. The DeFi model introduces a pricing system, allowing users to stake for discounts. In the Internet of Things field, the combination of blockchain and edge computing has given rise to device autonomous networks.

In terms of economic models, communication and finance achieve atomic-level integration. Users can earn profits by sharing bandwidth, data, or even movement, forming a "consumption-production" closed loop. The DeFi mechanism gives rise to innovative services such as communication insurance and cross-chain roaming.

A certain Web3 decentralized telecom operator is dedicated to building a globally open wireless network, leveraging the advantages of blockchain, and establishing nearly 2 million nodes in 190 countries through the OpenRoaming™ Wi-Fi framework and eSIM services. Users can earn rewards by sharing Wi-Fi or upgrading to OpenRoaming™, enjoying seamless global connectivity.

The transformation of blockchain communication networks upgrades communication networks into value exchange networks, achieving a trinity of "information + value + trust." This not only enhances the efficiency of value transmission but also expands the coverage of inclusive finance and reconstructs the trust mechanism. In the future, it may give rise to new forms such as a "global instant settlement network" and "AI autonomous financial entities."

The telecommunications industry is undergoing transformation. In the future, a hybrid model of "centralized facilities + decentralized services" may emerge: basic communication operators will continue to manage the physical layer while opening up network capabilities; service operators will reconstruct themselves as the central hub of global value routing based on communication networks and blockchain technology. Users will also shift from passive consumers to ecological co-builders, driving the development of the Web3 communication ecosystem. This new type of communication network may become the digital foundation of future Network States.