- DePIN tasks on Polygon use blockchain to revolutionize web infrastructure, from linked automobiles to GPS accuracy.
- XNET, a blockchain-powered cell community, goals to bridge the digital divide with a revenue-sharing mannequin.
In accordance with a tweet by Polygon, Decentralized Bodily Infrastructure Networks (DePIN) pushed by blockchain incentives are set to fully rework how we entry and use the underlying {hardware} and software program of the web. DePIN and tasks starting from world positioning and cell networks to linked automobiles are ushering democratized entry and alternatives for suppliers and prospects.
Decentralized Bodily Infrastructure Networks (AKA DePIN) are rewiring the online’s {hardware} and software program stack, leveraging blockchain incentives to democratize entry.
It’s the most recent chapter that brings the early Web’s decentralized ethos to its {hardware} layer.
The Polygon… pic.twitter.com/HiJ4XjgxhK
— Polygon (Labs) (@0xPolygonLabs) January 22, 2024
DIMO: Reworking Automobiles into Knowledge Ecosystems
DIMO, or Digital Infrastructure for Transferring Objects, is likely one of the most notable initiatives within the DePIN ecosystem. Moreover, DIMO transforms up to date vehicles into goal=”_blank” rel=”nofollow noopener”>GEODNET, or the International Earth Remark Decentralized Community, makes use of DePIN rules to construct the world’s largest decentralized Actual-Time Kinematic (RTK) community. RTK considerably reduces drift and will increase GPS accuracy by utilizing reference stations located on the bottom.
By bettering GPS accuracy, GEODNET seeks to supply massively accessible place knowledge with centimeter accuracy. The muse for superior Web3 functions like fleet administration, lane-level navigation, and automatic driver help methods is laid by the union of DIMO’s real-time automobile monitoring and GEODNET’s exact place knowledge. Furthermore, GEODNET and DIMO are working collectively to develop proofs-of-location that safeguard privateness, enhancing Web3 companies’ safety and privateness.
XNET: Bridging the Connectivity Hole
Whereas the United Nations acknowledges community connectivity as a basic human proper, hundreds of thousands worldwide nonetheless lack reasonably priced and dependable web entry.XNET is a cell community operator that leverages blockchain know-how to shut the digital hole by using carrier-grade Wi-Fi bandwidth and Residents Broadband Radio Service (CBRS).
In distinction with conventional carriers, XNET builds and maintains the community infrastructure in collaboration with a group of community operators via a revenue-sharing mannequin. By way of the resale of the community to massive cell community operators (MNOs), XNET establishes an autonomous ecosystem.
Fleek: Excessive-Efficiency Edge Computing
A defining characteristic of latest net structure is the transition from centralized to distributed computing. Fleek, famend for its developer-friendly platform, is utilizing its DePIN community to remodel right into a full-stack developer platform. Fleek Community affords high-performing decentralized edge companies, reminiscent of Edge Compute, Server-Aspect Rendering (SSR), Content material Supply Community (CDN), and Databases.
Fleek Community 2024 Preview
2023 marked a big 12 months for Fleek Community, capped with two profitable testnet phases and really promising early efficiency metrics.
2024 shall be much more thrilling, with an action-packed Q1 roadmap and mainnet launch later this 12 months
— Fleek Community
By using the Fleek Community, protocols, and apps can profit from improved efficiency and decreased dependency on centralized cloud suppliers. This permits builders to concentrate on the important components of their apps whereas reaping the advantages of decentralized edge computing.
House and Time: Knowledge Entry for Good Contracts
Good contracts have revolutionized how agreements are made in blockchain, however their entry to historic knowledge has been restricted. House and Time (SxT) goals to handle this by creating a Web3-verified computation layer. Utilizing a decentralized knowledge warehouse, SxT scales zero-knowledge proofs and provides good contracts entry to many listed knowledge from massive chains.
With SxT, good contracts can now carry out goal=”_blank” rel=”noopener”>new alternatives for functions that rely upon historic knowledge entry, reminiscent of DeFi, analytics, and extra.
Lit: Safe Key Administration
Lit Protocol contributes considerably to decentralized safety by providing a key administration community for decentralized signing and encryption. It permits builders to construct functions and wallets that leverage secrets and techniques with out counting on single factors of failure.
Moreover, the Lit system supplies entry management and blockchain-based licensing, enabling improvements like Confirm, an open-source system developed by Fox Corp. on Polygon PoS. Confirm seeks to authenticate the historical past and origin of registered media, permitting publishers to encrypt content material and restrict entry to licensed events.
WiFi Map: Simplifying Web Entry
With over 170 million customers, WiFi Map is a super-app that brings web entry and life-style companies to folks worldwide. It supplies entry to free WiFi spots in over 200 international locations, eSIM packages for greater than 70 international locations, offline maps, and VPN safety.
