Building Decentralized Physical Infrastructure Networks (DePINs), Simone Romano (IoTeX)

Talk by Simone Romano (IoTeX)

Abstract:
In an era dominated by oligopolistic markets, particularly in the telecom and energy sectors, the need for innovation and competition has never been more critical. Decentralized Physical Infrastructure Networks (DePINs) emerge as a beacon of hope, aiming to dismantle the high barriers to entry imposed by financial, logistical, and regulatory challenges that have long stifled competition and innovation. This talk delves into the essence of DePIN, exploring its potential to revolutionize industries by democratizing access to essential services and technologies. We will introduce the concept of DePIN, and its potential to foster innovation. The discussion will highlight the complexities of developing DePIN projects and the critical role of physical work verification within these networks. Featuring IoTeX’s contributions, we’ll showcase its modules designed specifically for building and scaling DePIN projects.