The Scope of the Stack City

With the emergence of the internet in the technological world, it has never been the same for us. We are continuously evolving and getting benefits from the new advancements since then. There have been many interesting projects and ideas seen in the technological world, and one of many that catches the attention is the Stack city . The Stacks network has been working relentlessly since its inception in the year 2014. They are exploring all the ways and platforms to create a smart and intelligent network platform for internet users and through sharing economy, aims to build such an ecosystem. The Stack city has a vision to make the use of bandwidth from the unused part of the user and make them utilized while rewarding the host. This will enable us to open the door of a new era of interconnectivity where internet users will readily get a connection through this secured WiFi hotspot instead of the open and unsecured ones.

At present, Stackcity is working rigorously with the major telecom service providers of China, such as Huawei, China Mobile, China Unicom, China telecom Construction Co. Ltd. and so on. Along with the well built IDC centers and partnered infrastructure in China and security cooperation with the municipal & provincial telecommunication operators, the Stack city has covered more than twenty-six provinces in China.

The Scope of the Stack City project:
The StackCity has analyzed the market opportunities and Scope of expansion in the future very acutely. The average speed of the WiFi connection is increasing annually due to its reach and rapid advancement. The average speed has changed from thirty Mbps to thirty-six point three in recent years, and it is expected to rise approximately to Fifty four Mbps in the coming year of 2022. The compound annual growth of such speed is seventeen percent. Among the regions of Asia Pacific, Latin America, North America, Western Europe, Central & Eastern Europe, and the Middle East & Africa, we will see nineteen percent of the compound and annual growth in the Asia Pacific, which is the highest. And so the Asia Pacific region will be the booming modern city to start with.

Comparing with the base year of 2017 and the current year of 2019, we see that global use of the internet is on the rise, which is expected and in line with the future project expansion. Globally there were 45.9% internet users in 2017, and it will rise to 59.7% in 2022. Along with the increase in the web user, devices and connections will rise too. The average speed of the internet was 39 Mbps in 2017, which will rise to 75.4 in 2022. This rise in the speed will be beneficial to the project as it will create WiFi hotspots with better speed and access for the community.

Comparing the same market situation with China, we see that along with the global trend in the rising on the internet, 73% of the population will be under internet access in 2022. The connections and devices will also rise, enabling the project to create more WiFi hotspots covering more areas. In line with the increase in the average speed of the internet, it is expected to rise to 98.9 Mbps in China. So, we can say that China will have a large share of market opportunities for the project to initiate and expand.

In China, as the project goes on forward, faces with three competitors of such free WiFi providers, and these are WiWide, China Media Rail-Wifi, and SouSou WiFi.

What makes the Stack city a unique project? The key feature is that they are targeting the unused bandwidth of the internet user, which is to be shared as a WiFi hotspot and creating revenue for them. Along with that, they will provide a unique platform for smart advertising, which is a demand-side platform, and it will be a location-based advertisement platform, and with blockchain technology, there will fraud-free DSP. And they also keep in line to distribute the profit compliantly among the contributors to the system.

The Stack city will be using IoT as its core technology to initiate the project and to ensure trustworthy and fraud-free services to the router owner, WiFi user, and advertiser the blockchain technology will use. This project has a great scope to expand and reach users where there is access to smart devices and build a stream of revenue for the advertiser. This project will be another dimension of creating secured internet connectivity.