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What is DePIN?
DePIN stands for “Decentralized Physical Infrastructure Networks.” It is a concept that integrates blockchain technology with physical infrastructure to allow decentralized ownership, operation, and management of real-world assets and systems. DePIN enables organizations and individuals to collaborate on maintaining and using physical networks such as telecom infrastructure, energy grids, and logistical systems without a central authority.
DePIN models let members donate resources, like hardware or data, and earn incentives or tokens in exchange, resulting in a decentralized, user-powered network. This concept is gaining popularity in fields such as telecommunications (decentralized wireless networks), energy (community-owned energy grids), and transportation (autonomous vehicle networks). DePIN alters conventional businesses by increasing efficiency, security, and involvement.
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