Samsung Next, a key subsidiary of Samsung Electronics known for its venture capital activities, has again made headlines with its latest investment in the decentralized WiFi (DeWi) player Roam. Operated by MetaBlox, Roam aims to build a network of global WiFi roaming nodes, ushering in a new era of internet access.

Samsung's Blockchain Endeavors Samsung Next, focusing on sectors including AI, the Internet of Things, crypto, and blockchain, has a notable presence in the United States. It has previously invested in significant overseas crypto projects, including the now-controversial FTX, and has shown a deep commitment to fostering blockchain innovation.

This latest investment in Roam underscores Samsung Next's belief in the potential of decentralized physical infrastructure networks (DePIN) and its dedication to advancing blockchain technology.

Roam's Vision for Decentralized WiFi Through its development of a DeWi ecosystem, Roam is setting the stage for a revolutionary change in how internet access is provided and consumed.

With the backing of Samsung Next, Roam will enhance its technologies and protocols, aiming to attract both traditional Web2 and emerging Web3 user bases. The company's ambition is to make internet access more user-centric, secure, and transparent, leveraging the decentralized nature of blockchain technology.

"With Samsung Next's backing, Roam is poised to accomplish its mission of bringing decentralized internet access to users worldwide - making it more user-centric, secure, and transparent."

The Importance of Decentralized Infrastructure Decentralized Physical Infrastructure Networks (DePIN) are at the core of Roam's innovation, focusing on the blockchain-powered management of real-world physical infrastructure.

That includes WiFi networks, computing power, and data marketplaces, utilizing decentralized applications and digital coins to incentivize service providers.

A Growing Ecosystem of Support Apart from Samsung Next, Roam has garnered support from other notable backers in the crypto and blockchain space, such as Volt Capital and Comma3 Ventures.

This diversified investment portfolio validates Roam's vision and potential and highlights the growing interest and confidence in decentralized solutions for managing and providing infrastructural services.