Despite its appreciation The size of more than 3.1 trillion dollarsIn 2024, the telecommunications industry today faces the challenges of financial and technological sustainability and infrastructure. On average 26 % and 29 % of families Regular experience The unreliable Wi-Fi network or the wide range and portable data in their homes, respectively, forces communication problems and unbelievers to people who miss opportunities. Regardless of high reliability rates, customers are paying expensive prices for telecommunications services, which have increased more due to inflationary pressure.
This article is part of the new Coindsk DePin verticalCover the emerging industry of decentralized physical infrastructure.
The telecommunications industry also faces an increasing threat to security violations, with a An increase in twice In the confirmed security incidents between 2022 and 2023, in fact, personal data was leaked to more than 74 million American communications clients on the dark Internet last year. Fortunately, DePin can provide an effective way to address this constant challenge with a more flexible and distributed infrastructure that enhances reliable, cost -effective and developed communication solutions for telecommunications companies.
How DePin works in the communications industry
With the estimate of Messari to its total capable market, more than $ 2.2 trillion today and exceeding 3.5 trillion dollars by 2028The DePin sector weakens the ownership and monitoring of physical infrastructure in the real world via Blockchain technology.
In the telecommunications industry, the DePin solution can enable participants to provide network connection by purchasing and setting up antennas or hot points. All of these devices are connected to a central network, as their operators receive symbolic bonuses in exchange for covering the service. Money is not printed from thin air, as the incentives are covered through the fees that users pay for the use of the network.
With collective designer infrastructure, service providers do not have to invest in spreading and maintaining new or current devices. Doing this helps to download telecommunications companies from current ecosystems without incurring more Capex or operating expenses (Opex).
At the same time, additional coverage can be created for a simple part of the price of traditional services by motivating individuals and societies with symbolic bonuses. DePins is clearly limited compared to the huge networks of Telco giants. However, given adequate distribution, they have the ability to provide equivalent service levels while providing cost -saving prices to consumers and institutions agents.
Since society is responsible for developing infrastructure, DePins can expand more efficiently than traditional communication networks. There is no need to sign leasing agreements or assess whether it is financially logical for the Telco provider to extend its services to a new area. Instead, the participants in the network will deal with this task and bear its costs, making expansion possible even in the sites that have been deprived for a long time of traditional infrastructure.
From DePins, their business model does not necessarily include direct competition with communications providers. Instead, they can take advantage of the fixed infrastructure of Telco Giants to provide users with a decentralized, flexible and effective connections in a small part of the costs of traditional solutions. At the same time, although telecommunications companies can use this opportunity to generate additional revenues, they allow DePins to expand their networks, increase costs and increase service quality.
In fact, the cooperative model is more viable in the early stages of development than it is competitive. Even after a few years of spreading the active infrastructure, its connection and reliability will not be able to match the networks in force from the communications giants, which were built and maintained for decades. This does not mean that Depins is slow to expand. On the contrary, it will take some time to survive on their own in the telecommunications market. Therefore, at the present time, the traditional decentralized communication networks will complete the Telco instead of replacing it.
Debine’s advantages on traditional communication models
By adopting Blockchain technology and decentralization, eliminating the individual failure points of traditional communications infrastructure, which attackers have been repeatedly exploited in data violations. Instead of the central servant, the data is distributed across thousands (if not millions) of the devices in the ecosystem, which makes it very difficult and costly access to customer records, installation of malware, or disable the network operation in other ways.
The Depin model is not only safer, but it can also accelerate the development of communications infrastructure. With the right symbolic incentives, DePins can spread its networks at a rate much faster than traditional telecom companies, which leads to faster expansion and improvement of service coverage over time. These incentives are designed to reward and maintain the ecosystems to build communications infrastructure, making communications infrastructure development less heavy. In addition to distributing the deployment and maintenance of the infrastructure via a central network of participants, the group devices reduce the costs of telecommunications companies.
DePins can also fill the gaps in the service coverage, especially in remote areas and sites where the deployment and maintenance of traditional infrastructure is very expensive for service providers. With devices made of incentives and distinctive code incentives, decentralized communication networks can expand the scope of communication with these disadvantaged areas as well. By joining the forces, DePin can significantly extend from the coverage of telecom companies and enhance the reliability of the service and network performance, in addition to reducing the frequency of power outages through a interconnected communication network that includes both traditional and decentralized infrastructure solutions.
Are telecom companies ready to embrace DePin?
As I see it, the most important barrier is on the traditional telecommunications companies in the Web3 ecosystem. Despite the date of adoption of innovation and new technology, the telecommunications sector works largely within the framework of Web2. To address this problem, the DePin providers must reduce the complications of the web3 and simplify the process of jamming.
The publication of the infrastructure is another data challenge. Many organizations within this sector believe that it is sufficient to stimulate the creation and expansion of decentralized infrastructure. But this approach is not sufficient to solve the real problems of its communications customers.
As a long -term solution, DePins should not only stimulate the development of the infrastructure, but it should also guarantee its publication in sites with a real demand for connection. At the same time, incentives must be created to ensure a signal quality at the level of the institution and the stability of the network.
Despite all the challenges, I think DePin is the issue of the murderer’s use of institutions that adopt Blockchain, and it has the ability to become the following industry trillion dollars. After DePin’s comprehensive adoption, the distributed professor’s book technology will have a transformational impact on the telecommunications sector, similar to the launch of the Internet. In the end, this will lead to the deployment and maintenance of effective infrastructure with automatic settlements and bills among all parties, and to enhance decentralization, independence and smooth cooperation between the multi -stakeholders.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of Coindsk, Inc. Or their owners and subsidiaries.