DePIN (Decentralized Physical Infrastructure Networks) – Disrupting LoT

DePIN (Decentralized Physical Infrastructure Networks) – Disrupting LoT

Table of Contents

DePin increases a model of the form of things from decentralization to the central model – capable of obtaining open and safer infrastructure networks.

Real life use cases

1. Helium – decentralized wireless network

Helium, pioneering, developed the IOT wireless fans ’network.

  • The “hot points” are installed by customers who provide wireless coverage in Low Power (Lorawan).

  • On the other hand, it is pushed into HNT codes for the data transferred between the devices.

Indeed, more than a million hot points operating worldwide, helium has proven that Blockchain can create a faster and cheapest communication network than traditional players.

It has since evolved to include 5G and Wi-Fi connection, proving that DePin can compete with Telco.

2. Felicoin – decentralized storage

Filecoin turns into a reserve storage. Individuals donate a backup driver on the network for the bonus of payment in the distinctive symbols.

DePin cousin, no central to the infrastructure for data storage-reduce dependence on AWS or Google Cloud- and builds without permission, control and safe.

Why do it concern: researchers, video platforms and artificial intelligence engineers used Filecoin as an original web storage system.

3. Demo-iOT ‘IOT

DIMO enables car owners to connect their car with a central network using a mobile device or application.

Clear, customers can sell driving or diagnosis information or set information about the distinctive symbols for $ DIMO- Create a market for decentralized car cars.

This information can be rested or used in the insurance, repair program or fleet management program.

Depin Economy: WEB3 Future in the Real World 3

DePins creates a new economy in which the realistic infrastructure in the real world is manufactured, programmed and economically driven by smart contracts.

Messari estimates market capabilities that exceed $ 3 trillion by 2030 across sectors, including:

  • Wireless and wireless communications (helium, mobile world)

  • Storage (Filecoin, Arweave)

  • (Akash, IO.NET) account

  • PowerLedger

  • Mobility (Demo)

  • Maps and weather fee (Weatherxm, HIVEMAPPER)

These protocols provide symbolic incentives, DAO-based governance, open data protocols-converting physical infrastructure to an open source layer without permission from the Web3 Mix.

The main benefits of religion

Democracy of infrastructure

Any individual can contribute to building infrastructure, geographically or financially wherever they are, only by operating a knot and contributing to the network cooperation.

Cost efficiency

Stone designer infrastructure is built more quickly and costly from the previous model. No tidal wave of money, no management.

Enhancing security and privacy

Data is stored and transferred in encrypted, decentralized networks – which greatly reduces the risk of monitoring or a single point data violations.

Flexibility and repetition

Depin networks are distributed in nature, which removes weakness in single failure points compared to traditional infrastructure.

Challenges and criticisms

There is a realistic obstacle for what DePins provide:

  • Devices costs: installation of the node is expensive and may be easy to access to ordinary users.

  • Understanding in the organization: Telecom and data data services are traditionally classified with licensing or matching requirements.

  • Symbolic economy: The incentives that are designed badly will lead to unnecessary growth or misuse of devices.

  • Network effects: The first adoption will not generate many revenues unless there is sufficient demand (actual use), and this may create disappointment.

Long -term sustainability is achieved by creating properly balanced symbolic economies and generating benefit in the real world.

Future: Building the “physical layer” of Web3

If the Blockchains is the logic layer, the DePins build the physical infrastructure layer. It is the branch between Blockchain and the physical world-decentralization systems in land update.

Imagine this world where:

  • You are paid for your neighbors.

  • Your weather plant helps build climate models worldwide.

  • The measurement data gives you a negative income.

  • Your solar panel sells extra energy to a decentralized network.

This is the future of DePin – decentralization, independent, and hyperactivity.

DePins redefine infrastructure-from driving and controlling networks that focus on people who focus on the distinctive symbol. For builders, investors and developers, it is one of the most exciting borders in Web3. Since widespread connection such as electricity, DePin can be the decentralized infrastructure of the next generation of digital transformation.

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