San José California to use Cryptocurrency to Help Residents Pay for Internet

San José , Calif., has launched an initiative that will pilot the use of cryptocurrency to help residents pay for Internet over the course of six months.  For this initiative, HNT cryptocurrency tokens will be mined through Helium Hotspot devices in partnership with the California Emerging Technology Fund and Helium. The tokens will be turned into prepaid cash cards to help approximately 1,300 low income residents pay their Internet costs for one year.

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