The latest episode of the Decentralize with Cointelegraph podcast takes a thorough look at decentralized physical infrastructure networks, or DePINs, to better understand how they leverage the power of blockchain to decentralize real-world use cases that can result in scalable, secure and user-friendly applications.
Building a decentralized world
DePINs are quietly working behind the scenes to bring the power of blockchain into everyday applications and use cases — all while effortlessly onboarding billions of new Web3 users.
Imagine a world where noise pollution data collected from phones earns users rewards. Or picture a future where a robo-cafe is co-owned on a decentralized network while passively earning users income from its operation selling coffees and ice cream.
These are just a few possibilities unlocked by DePINs, a concept that breaks down the barriers to entry and empowers individuals to participate in a decentralized future.
The guest on this latest episode of Decentralize with Cointelegraph is Leonard Dorlöchter, co-founder of the Peaq network — a layer-1 blockchain protocol hosting dozens of new DePIN applications.
Cointelegraph sat down with Dorlöchter at the Token2049 conference in Dubai to peel back the layers of DePINs and find out what it takes to build networks capable of scaling for the masses.
While these networks can be deployed on an enterprise level, Dorlöchter explained that they can also be run via smartphones, meaning gone are the days of needing a hefty investment in specialized hardware.
Through DePIN applications, users can contribute to a network simply by downloading an app to open up a world of decentralized and tokenizable opportunities.
“Crypto is finally getting real because there are, for the first time, real-world tangible use cases that make sense and that users can use and contribute that have never used a wallet before.”
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DePINs are more than just a new technological tool — they also represent a philosophical shift toward a more “people-powered” future.
By enabling individuals to contribute their resources and data to a network, DePINs help break the stranglehold of centralized corporations and usher in a more collaborative and equitable tech ecosystem.
To learn more about DePINs and how this blockchain-based tool can steer major industries toward a more decentralized future and onboard billions of users, listen to the full episode of Decentralize with Cointelegraph on Cointelegraph’s podcast page, Spotify, Apple Podcasts or your podcast platform of choice. And don’t forget to check out Cointelegraph’s full lineup of other shows!
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