LiFi LASCO, the P2P Telecoms Network Backed by Google Ventures and Elon Musk Launches Their First Hardware Sale

Project “LASCO” is the codename for one of the most highly anticipated launches that the telecoms sector has likely ever seen.

Backed by the likes of Elon Musk (via Starlink and Tesla) and Google (Via Alphabet Ventures and Home) LASCO is the most exciting innovation in the telecoms sector since the launch of the world wide web.

LASCO uses a technology called “Light Fidelity” to provide ultra-fast internet connectivity without the need for routers or data plans.

A series of transmitters and access points located around cities, towns and villages send and receive data requests using precise, invisible lasers that can reach up to 10KM and transmit at speeds up to 20GB per second. The lasers are encoded with data that is translated into binary code and then transmitted via the 2.4Ghz frequency to any connected device (all current mobile phones and laptops have 2.4Ghz connectivity).

The best thing about LASCO? It is entirely Peer to Peer (P2P). The transmitters and access points are hosted by the public at their home or office with rewards issued based on the volume of data exchanged between the transmitter, access point and connected devices. Each device is expected to provide ROI within 30 days.

LASCO and Li-Fi technology in general is widely expected to be the method of choice for current telecom providers seeking to offload some of the traffic on their 4G and 5G networks which means the earning potential for hardware hosts could be significant. The inclusion of Tesla and Google (Alphabet) as backers of the LASCO project suggests autonomous vehicles, vehicle to vehicle communications and IoT networks are all targets for incorporating Li-Fi as a cheaper alternative to WiFi and 4G/5G networks. Likewise LASCO offers the opportunity for homes and businesses to retain high quality internet connectivity without the need for expensive connectivity plans on locked in contracts.

The technology has already been successfully used in a number of not for profit ventures including providing high quality internet connectivity to remote parts of Africa.