DePIN: What are Decentralized Physical Infrastructure Networks?

Decentralized Physical Infrastructure Networks (DePIN) represent a revolutionary shift in how physical infrastructure is managed, leveraging blockchain technology to decentralize control and ownership.

DePIN projects aim to democratize infrastructure, allowing individuals to contribute to and benefit from networks that traditionally have been centralized, such as energy grids, data storage, and telecommunications.

DePIN is about using blockchain to facilitate peer-to-peer networks where participants contribute physical resources. Much like how decentralized finance (DeFi) has transformed financial services, DePIN seeks to apply similar principles to real-world infrastructure. This includes:

• Physical Resource Networks (PRNs): These involve managing tangible resources like IoT devices, energy, or mobility networks where location plays a crucial role.
• Digital Resource Networks (DRNs): Here, the focus is on digital resources like data storage, computing power, or bandwidth, where the physical location of the resource is less critical.