Over the past decades, machine data has appeared as one of the most valuable assets in the world. From manufacturing and agriculture to transportation and health care, the data resulting from machines leads innovation and efficiency. However, despite its enormous value, 99 % of these data remain trapped in silos, insecible and indispensable.
This article is part of the new Coindsk DePin verticalCover the emerging industry of decentralized physical infrastructure.
This creates an opportunity to integrate machine data in WeB3 with decentralized material infrastructure networks (Dimine) Providing a transformative solution.
The possibility of Deepin
Using Blockchain technology, enabling DePin Distinguished code for machinesEffectively convert the assets of the real world (RWA) into digital symbols that can be circulated, possessed and used on the chain. This process creates a bridge between traditional asset markets and Blockchain technology, which breaks down barriers that prevent RWA investments. It also enables individuals to finance and receive returns from the services they love and use, providing a flow of passive income.
This is not just a theoretical concept, but it is really a tangible fact. Take, for example, th Joint Mobility Fleet Code In Vienna. By bringing vehicle data to the chain, the joint mobility provider provided a symbolic participation, allowing users to invest and earn bonuses from the performance of the car. This places democratically access to valuable assets and improves operational efficiency and customer satisfaction.
The distinctive symbol data and bringing it on the chain are the next logical step in the DePin development. Imagine data collection containing machine data from public EV charging stations, where all data collects charging data or EVS battery level in the surrounding area or using the current energy network. There are now builders in the energy sector all the information they need to create DAPPS that helps to achieve a balance between the electrical network, for example by providing charging incentives to EV drivers with a low battery if there is a surplus of available energy. By symbol of the created data, it can be stored safely on Blockchain, ensuring transparency and stability. This data can then be liquefied, and new revenue flows are opened for the owners of the shipping station.
And the best thing about this? Everyone can be part of this. Not only large companies. Literally everyone. To stay with this example, anyone with a Wallbox box at home can connect the “device” and start earning bonuses or buy a small portion of the distinctive charging stations through the codes. with Maintain the protocolWe convert data to one of the valuable assets that can be purchased, sold or traded.
Beyond the distinctive symbol and income achievement
The benefits of bringing the machine data exceed the symbol or liquefy. One of the most promising applications in the field of artificial intelligence (AI). Today, artificial intelligence models require huge amounts of data to be trained effectively, yet the data of the device remains relatively unexploited. By making high -quality accessories on the chain, DePin allows the development of the most accurate and efficient artificial intelligence models, and to push developments in predictive maintenance, improve performance, and other critical areas.
Moreover, merge the device data into Web3 promotes data safety and security. Blockchain technology ensures that data is stored in a transparent and resistant way to tampering, processing data processing issues and unauthorized access. This is especially important for web2 industries where the accuracy of data and security is necessary, such as health care and financing.
However, the transition to a fully integrated web3 ecosystem is not without challenges. One of the basic obstacles is the need for a strong infrastructure to support safe and effective data. This requires progress in both Blockchain technology and basic devices.
Despite these challenges, the benefits of merging the machine data into the Web3 significantly outperform the obstacles. Since more industries realize the value of the distinctive symbol of its origins and take advantage of Blockchain technology, we can expect to see a major shift towards more central and effective systems.
Can the device data change the Web3? definitely! This new era of Web3, supported by DePin, will open unprecedented opportunities for innovation, growth and cooperation. It is happening TRUE.
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.
