From noise pollution sensors to robo cafes
Latest episodes of Decentralization with Cointelegraph In the podcast, we take a thorough look at the Decentralized Physical Infrastructure Network (DePIN) to better understand how the power of blockchain can be leveraged to decentralize real-world use cases to create scalable, secure, and user-friendly applications.
Building a Decentralized World
DePIN is working quietly behind the scenes to easily onboard billions of new Web3 users while bringing the power of blockchain to everyday applications and use cases.
Imagine a world where noise pollution data collected from mobile phones rewards users. Or imagine a future where robot cafes are collectively owned on a decentralized network, passively earning income from users through operations that sell coffee and ice cream.
These are just a few of the possibilities opened up by DePIN, a concept that breaks down barriers to entry and empowers individuals to participate in a decentralized future.
The guest of this episode is Decentralization with Cointelegraph 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 find out what it takes to peel back the layers of DePIN and build a scalable network for the masses.
Dorlöchter explained that these networks can be built at the enterprise level, but can also be run via smartphones. This means that the days of needing huge investments in specialized hardware are gone.
The DePIN application allows users to contribute to the network by simply downloading the app, opening up a world of decentralized, tokenizable opportunities.
“Cryptocurrencies are finally becoming a reality because for the first time there are real, tangible use cases that users who have never used a wallet before can use and contribute to.”
Related: The Web3 wellness ring also allows users to own and wear their own health data.
DePIN is more than just a new technology tool. It also represents a philosophical shift towards a more “people-centric” future.
By enabling individuals to contribute their own resources and data to the network, DePIN helps break the shackles of centralized corporations and create a more collaborative and equitable technology ecosystem.
To learn more about DePIN and how this blockchain-based tool can lead major industries into a more decentralized future and bring billions of users on board. Decentralization 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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