Within a few weeks, Lisbon will again host one of the largest technical conferences in the world: Websummit 2024. Like any good technology conference, it is an opportunity for builders, institutions and investors to meet the scouts, display innovation, learning, and collect market notes that help pay the next wave of the future.
In the sophisticated rapid scene of technology, the integration of DePins, or decentralized physical infrastructure networks is not just an innovation but a typical transformation of corporate giants. DePins are BLOCKCHAIN energy -powered environmental systems where physical infrastructure such as energy networks, wireless networks, or transportation systems are managed and expanded through the distinctive code incentives, which increases access to basic services and control of basic services.
This article is part of the new Coindsk DePin verticalCover the emerging industry of decentralized physical infrastructure.
Network Helium, which launched Mainnet in 2020, is a remarkable early example on a wireless network driven by society that has been greatly equivalent to citizen networks while reducing costs and increasing access to users (in some geographical areas anyway). Hallium’s width of mobile phones, although it is still reinforced by TMobile, continues to gain traction and has been martyred recently that it contains 335,000 subscribers. Many are also aware of early decentralized storage networks such as Filecoin, Storj and Arweve, which have become more important to progress in artificial intelligence due to expansion, cost efficiency, and decentralization.
After years of the first Depins on the market, we stand at the crossroads of digital transformation, with the appearance of DePin as a critical piece of infrastructure of institutions that look forward to jumping forward in efficiency, security and operational integrity. Here is the reason that companies need to adopt DePin.
Decentralization to improve security
Traditional central models of infrastructure management are risky with weaknesses, from electronic attacks to single failure points. I don’t think I need to remind anyone about how the Crowdstrike incident occurred earlier this year, and the aviation industry has paralyzed. DePin, by taking advantage of Blockchain technology, offers a strong and flexible level.
In addition to the implementation of the smart contract for institutions, the intelligence contract allows for decentralization, automation and removal of the risk in the end, to host the economically important infrastructure. This is because every node in the network carries a copy of the date of the transaction, which creates repetition and makes an unauthorized activity almost impossible. Moreover, keeping the radiology under control of homogeneous third parties means that political and geopolitical risks may reduce, which must resonate deeply with some large companies, or perhaps citizens who should be more careful than general control of the private industry.
Cost efficiency and operational expansion
For companies, the cost is the king. Technology DePin is to reduce operational costs by eliminating mediators and by enhancing a model in which the infrastructure can be driven by society or self -control through the symbolic economy. This means that institutions can expand their operations without relative increases in infrastructure costs (the design of your payment for you) The DePin company can revolutionize how companies think about infrastructure, and provide canable resources on demand without significant investments or capital requirements.
By providing services such as translated computing energy or storing data in places where the infrastructure is notorious, companies can benefit from expensive or slow markets. Think about the most central and smaller version of Starlink. Companies always want to create or invest in frameworks that bring them more consumers. DePin is the most effective way to do this. Innovation will be particularly useful sectors such as games, artificial intelligence, or any data dense, as decentralized solutions provide both efficiency and cost.
The role of the Foundation in Debine’s growth
The participation of major companies such as Lufthansza and Deutsche Telecom in Deepin, as it appears with its launch on the Peaq network, indicates strong support for this technology. Their participation is not only related to the adoption of a new technology; It comes to setting industry standards and influencing how other sectors are displayed and integrated. This type of support stimulates more cooperation, integration and innovation across industries, which may lead to what can be described as the “DEPIN era” in adopting corporate technology.
External projects, along with PeQ, impossible cloud, and Acurast, put a Debine At the Summit of the web 2024, on Tuesday, November 12.
We invite all enthusiasts, especially companies interested in DePin, to join us in exploring and discussing the reason for DePin’s adoption only to keep pace with technological trends; It comes to thinking in two steps forward and being a pioneer in the field of technology.
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.
