Locha Mesh, crypto trading platform created by Venezuelan innovators

The freedom of Internet connection in the era of new technologies is what most of the people wnat in life. Indeed, who does not want to make payments and purchases, work or receive remittances from the comfort of home? All this improves when users can achieve it through their smartphone, tablet or desktop computer.

However, this panorama is marred by an electrical cut. Without electricity there is no Internet, unless there is an alternative based on open source systems, from nodes with a wide range of action, which allow communication and transactions.

This has been the commitment of a group of young Venezuelans who in June of this year launched their Locha Mesh project. With a set of devices, “even when the power supply and Internet connectivity fails,” those interested in making transactions with bitcoin, talking with relatives in remote areas or regions affected by natural disasters, will be able to achieve it. His project stood out during the recent edition of Lightning Conference in Berlin.

Transactions without Internet connection

In Venezuela, the electricity system has collapsed in recent months, which has affected all sectors. Locha Mesh, created by a group of Venezuelans under the direction of Randy Brito, comes to offer an alternative payment, messaging and crypto transactions system for Venezuelans.

With this system based on GitHub, the development platform that adapts to the user’s needs. It is an open source with which Locha Mesh established an alliance and, in this way, achieve an offer to customers inside and outside Venezuela, at an accessible cost, in case the electric power fails.

Users who have the node kit can connect the smartphone at the time they need it, similar to what is currently done with a router. The system has its battery and antenna.

The precariousness of the electricity service in the country led the innovators to design “two devices, the Turpial and the Harpy; names that allude to two emblematic birds of the region, with open source software and hardware“, available on GitHub.

The project was present in Berlin during the Lightning Conference, on the 19th and 20th of this month. Randy Brito, founder of Bitcoin Venezuela and CEO of Locha Mesh said: “It is only necessary that some of the nodes have access to the Internet to do the brodcasting of transactions.” Brito indicates that it is a mesh system, based on nodes connected for the transmission of data, with a scope 4 to 10 kilometers and active without any connection to the Internet or the electricity grid.

The CEO of the innovative proposal remarked: “For us, the most important thing is that communications reach areas where there is now no communication, because there is a lack of infrastructure investment, telephone or fiber antennas. These places can to be remote towns or areas where there have been catastrophes, as is the case in Puerto Rico, where there is no communications, because we have to make an infrastructure investment, so our idea is to be able to connect villages with more powerful antennas and then in the villages and in the intermediations of the cities there may be different Locha Mesh devices so that the messages get the necessary routes to reach their recipient.”

M.Pino

Source: elportal24.com