There is a good chance that you probably don't use all of the Wi-Fi that you pay for each month. There is also a good chance that you have tried to mooch Wi-Fi off of a private network at least once in your life. Now you can stop mooching and stop wasting with Key WiFi, a new service that lets you rent your excess Wi-Fi to people in need.
Key WiFi lets you sign up to list your Wi-Fi connection for rent for a small fee while those looking to connect to hotspots pay just $9.89 a month for what is potentially unlimited high-speed wireless Internet access. I could see this service taking off in crowded apartments and in businesses looking to turn a quick buck by renting out their Wi-Fi.
Internet Renting Services
Key WiFi Lets You Rent Out Your Unused Internet
Trend Themes
1. Internet Renting Services - The trend of renting out unused Wi-Fi is disrupting the traditional internet service provider model.
2. Sharing Economy - The rise of services like Key WiFi is driving the sharing economy trend by allowing individuals to monetize underutilized assets.
3. Wireless Connectivity - The ability to rent Wi-Fi from peer to peer creates a new business model and opportunity within the wireless connectivity industry.
Industry Implications
1. Internet Service Providers - ISPs can benefit from partnering with Key WiFi to expand their network coverage and reach customers in new markets.
2. Co-working Spaces - Co-working spaces can market themselves as Key WiFi enabled and leverage the service to offer members reliable and secure internet access.
3. Hospitality Industry - Hotels and resorts can use Key WiFi to offer guests a unique in-room service and potentially improve customer satisfaction.