JAKARTA - Cryptocurrencies are not just about digital currencies, they are also bringing revolution in the way we manage physical infrastructure. Decentralized Physical Infrastructure Networks (DePIN) is one of the most recent innovations promising major changes in various sectors.
Here are some of the DePIN projects that have the potential to change the way we interact with the physical world.
Power Ledger has become a well-known name in renewable energy trading. With blockchain technology, this platform allows peer-to-peer energy transactions, facilitates decentralized energy trading, and provides incentives for the generation of renewable energy. Power Ledger recently collaborated with MYTILINEOS to track and clean energy sources in Greece, demonstrating its commitment to innovation and sustainability.
VeChain utilizes blockchain to increase transparency and efficiency in supply chain management. With strategic partnerships such as with Walmart China, VeChain has proven its real technology application in ensuring product authenticity and fighting counterfeiting.
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The IOTA, with its Tangle (IOTA's blockchain), allows decentralized and microtransaction data transfers, which are well suited for the Internet of Things (IoT) application. IOTA focuses on developing secure digital infrastructure, supporting smart city initiatives and energy management.
These DePIN projects promise a more efficient and decentralized future, where each individual can contribute and benefit from a fairer and more open infrastructure.
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