Web3 Reshaping the Telecommunications Industry: From Communication Networks to Value Exchange Networks

In the wave of digitalization, the traditional telecommunications industry is facing unprecedented challenges. The promotion of 5G technology requires huge investments, but the revenue model has not seen substantial improvements, and value-added services have not achieved breakthroughs. Competition in the existing market is becoming increasingly intense, profit margins continue to decline, and investors lack confidence in the industry.

Telecom operators have been seeking transformation, but whether it's through opening up to private enterprises, expanding overseas, or exploring emerging technologies, they have not fundamentally solved the problems. Going abroad faces many obstacles, such as market access restrictions, differences in spectrum allocation, and data localization requirements, making it difficult to achieve a true global layout.

Web3 technology brings new reconstruction opportunities for the telecommunications industry. Through globalization, token economy, distributed governance, and open protocols, communication networks can be upgraded to a fundamental value exchange layer. Specifically including:

1. Infrastructure layer: Tokenization of physical network resources for distributed sharing, DAO governance of spectrum resources to enhance utilization, and decentralized identity solutions to protect user privacy.

2. Cross-border services and settlement: Blockchain reconstructs international roaming settlement, DeFi model introduces pricing system, and the combination of edge computing and blockchain gives rise to autonomous device networks.

3. Economic model innovation: Communication and finance achieve atomic-level integration, allowing users to earn profits by sharing resources, forming a "consumption-production" closed loop.

Web3 decentralized telecom operators represented by Roam demonstrate the potential of a new model. Roam has built a decentralized communication network covering 190 countries with millions of nodes, providing seamless global connectivity through OpenRoaming™ Wi-Fi and eSIM services. Users can not only enjoy convenient network services but also earn rewards by participating in network construction.

The essence of the transformation of the blockchain communication network is to upgrade the communication network to a value exchange network, achieving the integration of "information + value + trust." This transition will:

1. Significantly improve the efficiency of value transmission and deconstruct the barriers of time and space.
2. Expand the connection boundaries to achieve inclusive finance.
3. Reconstruct the trust mechanism and create new financial services.

The future telecommunications industry may form a hybrid model of "centralized facilities + decentralized services." Basic communication operators will continue to manage physical layer resources but will open network capabilities through APIs. Service operators will build a global value exchange ecosystem based on communication networks and blockchain technology. Users will also transition from passive consumers to co-builders of the ecosystem, promoting the development of the Web3 communication ecosystem.

This reconstruction will not only change the telecommunications industry itself but may also become the digital foundation for the future Network State, providing infrastructural support for new forms of social organization.