As quantum computing threatens traditional cryptography, Web3 developers are increasingly relying on decentralized physical infrastructure (DePIN) networks to enhance security across critical sectors, reveals research from Naoris Protocol, a leader in decentralized post-quantum security, with about 87% saying DePINs networks will be important in combating the threat from quantum computing over the next decade.
Quantum security challenge
The research found that 95% are concerned about the threat that quantum computing and its ability to break large-scale encryption techniques and standards pose to cybersecurity, while 36% said they are very concerned. However, they see a potential solution in the development of decentralized networks. They also recognize the scalability of DePIN cybersecurity networks – 83% say the scalability is high or very high – as a solution to support the growth of connected devices in IoT ecosystems.
DePIN’s growing influence
DePIN technology decentralizes critical Internet infrastructure including cloud, compute, GPU, connectivity, power, storage, and data. DePIN success stories such as the Helium decentralized wireless network and the Render Network (distributed GPU rendering) demonstrate its diversity and potential for growth. Helium developers quickly added over a million touchpoints, earning passive income while decentralizing IoT connectivity.
This provides users with affordable access to decentralized services, saving costs, enhancing privacy, and empowering users to control their data. This demonstrates DePIN’s potential to revolutionize digital infrastructure across multiple sectors such as finance, energy, defense and healthcare.
“Web3 developers understand why it is necessary to keep data on DePIN devices for users and businesses. DePIN is the direction of travel as we decentralize the Internet, and we expect this to continue as interest in the sector and its potential rises.” says David Carvalho, CEO and Founder at Naoris Protocol.
Main search results:
The Naoris Protocol global study found with Web3 developers in the US, UK, EU and Asia-Pacific countries in the following areas:
DePIN projects growth statistics
- Almost all of them (99%) expect growth in the number of DePIN projects their organizations are working on over the next two years.
- About a fifth (22%) expect the number of projects to double during that period
- More than half (56%) expect the number of projects to grow by between 50% and 100%.
- Almost all Web3 developers (94%) surveyed already have some involvement in DePIN projects and only 1% say they would never work on DePIN projects. The rest who are not currently working on DePIN projects expect to do so within nine months.
DePIN Global Projects Expected within 12 Months
It is currently estimated that 2,369 DePIN projects are underway globally. Naoris Protocol asked Web3 developers how many DePIN projects they thought there would be globally within 12 months. The research found that nearly a third (31%) of Web3 developers expected the number to rise to 4,000 or more during the year – the graph below shows the results chosen by Web3 developers from among the options provided.
Carvalho adds: “DePIN reduces reliance on centralized entities, enhances community engagement, and offers new economic incentives to contributors. It will play an important role in addressing cybersecurity issues as quantum computing threats emerge.”
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