INFOGRAPHIC - An Introduction to Decentralized Physical Infrastructure Networks (DePIN)


What is DePIN?

DePIN, or Decentralized Physical Infrastructure Networks, leverage blockchain and decentralization to support the maintenance and implementation of physical networks. DePIN spans diverse use cases including energy infrastructure, digital storage, sensors for MRV processes, and wireless internet.

DePIN Benefits

Collective Ownership

DePIN allows for community ownership of infrastructure that is traditionally centralized.

Transparency

With DePIN, all actions are recorded onchain, ensuring open access to vital network data,


Efficiency

By leveraging underutlized resources & smart contracts, DePIN can reduce waste & administrative overhead.

The Future of DePIN

DePIN could fundamentally change how infrastructure is built, maintained, and owned. By empowering individuals and communities, DePIN is driving the next wave of decentralization and transforming physical networks into collective assets for the common good.

DePIN Project Examples

Helium

Decentralized global network of wireless hotspots where participants get rewarded in $HNT tokens for setting up a hotspot.


Arkreen

Decentralized renewable energy network that enables individuals and orgs to contribute excess renewable energy to a global network.

Filecoin

Decentralized storage network where users can offer up spare storage capacity on their devices in exchange for $FIL tokens.

β€œWe are only scratching the surface of what decentralized networks can do...The concept of community-owned networks and the democratization of access could significantly impact data sovereignty and bring connectivity to underserved areas.”
- Abhay Kumar, CEO, Helium Foundation

Source



Buy me a coffee! β˜•

Send a tip in ETH: cryptoaltruism.eth

Like what you’re reading? Consider contributing to Crypto Altruism so we can continue putting out great content that shines a light on the good being done in the crypto and blockchain community.

FOLLOW US ON SOCIAL MEDIA:

Previous
Previous

Crypto Altruism Podcast Episode 177 - Blockchain-Powered Anticipatory Cash Transfers for Climate Shocks, ft. Shamba Network, Fortune Credit, and DIVA Donate

Next
Next

Crypto Altruism Podcast Starter Pack - LatAm Builders