Enterprises Need DePIN More Than DePIN Needs Enterprises

In
a
few
weeks,
Lisbon
will
again
play
host
to
one
of
the
largest
tech
conferences
in
the
world:
WebSummit
2024.
Like
any
good
tech
conference,
it’s
an
opportunity
for
builders,
enterprises,
and
investors
to
come
together
to
scout
and
showcase
innovation,
to
learn,
and
to
gather
market
feedback
that
helps
drive
the
next
wave
of
the
future.

In
the
rapidly
evolving
landscape
of
technology,
the
integration
of
DePINs,
or
Decentralized
Physical
Infrastructure
Networks,
represents
not
just
an
innovation
but
a
paradigm
shift
for
corporate
giants.
DePINs
are
blockchain-powered
ecosystems
where
physical
infrastructure
like
energy
grids,
wireless
networks,
or
transportation
systems
are
managed
and
expanded
through
token
incentives,
democratizing
access
and
control
over
essential
services.

This
op-ed
is
part
of
CoinDesk’s
new



DePIN
Vertical,
covering
the
emerging
industry
of
decentralized
physical
infrastructure.

Years
after
the
first
DePINs
hit
the
market,
we
stand
at
the
crossroads
of
digital
transformation,
with
DePIN
emerging
as
a
critical
piece
of
infrastructure
for
enterprises
looking
to
leap
forward
in
efficiency,
security,
and
operational
integrity.
Here’s
why
corporations
need
to
be
adopting
DePIN.

The
conventional
centralized
models
of
infrastructure
management
are
fraught
with
vulnerabilities,
from
cyber-attacks
to
single
points
of
failure.
I
don’t
think
I
need
to
remind
anyone
of
how
the
Crowdstrike
incident
earlier
this
year
crippled
the
airline
industry.
DePIN,
by
leveraging
blockchain
technology,
introduces
a
level
of
security
that
is
both
robust
and
inherently
resilient.

For
corporations,
cost
is
king.
DePIN
technology
promises
a
reduction
in
operational
costs
through
the
elimination
of
intermediaries
and
by
fostering
a
model
where
infrastructure
can
be
community-driven
or
self-sustaining
through
token
economics.
This
means
enterprises
can
scale
their
operations
without
proportional
increases
in
infrastructure
costs
(an
inherent
pay-as-you-go
design)
DePIN
could
revolutionize
how
companies
think
about
infrastructure,
offering
scalable,
on-demand
resources
without
large
investments
or
capital
requirements.

By
offering
services
like
localized
computing
power
or
data
storage
in
places
where
infrastructure
is
notoriously
bad,
companies
can
tap
into
markets
that
are
otherwise
too
costly
or
slow.
Think
of
a
more
decentralized
and
smaller-scale
version
of
Starlink.
Enterprises
always
want
to
create
or
invest
in
frameworks
that
bring
them
more
consumers.
DePIN
is
the
most
efficient
way
to
do
this.
Innovation
will
particularly
benefit
sectors
like
gaming,
AI,
or
any
data-intensive
industry
where
decentralized
solutions
offer
both
efficiency
and
cost
benefits..

The
involvement
of
major
corporations
like
Lufthansa
and
Deutsche
Telekom
in
DePIN,
as
seen
with
their
launches
on
the
Peaq
network,
signals
a
powerful
endorsement
of
this
technology.
Their
participation
isn’t
just
about
adopting
new
tech;
it’s
about
setting
industry
standards
and
influencing
how
other
sectors
might
view
and
integrate
DePIN.
This
kind
of
endorsement
catalyzes
further
collaboration,
integration,
and
innovation
across
industries,
potentially
leading
to
what
could
be
described
as
the
“DePIN
era”
in
corporate
technology
adoption.

Outlier
Ventures,
along
with
Peaq,
Impossible
Cloud,
and
Acurast,
are
putting
on
a

DePIN
Day
at
Web
Summit
2024,
on
Tuesday,
November
12th.

We
invite
all
enthusiasts,
and
especially
corporations
who
are
interested
in
DePIN,
to
join
us
in
exploring
and
discussing
why
adoption
of
DePIN
isn’t
just
about
keeping
pace
with
technological
trends;
it’s
about
thinking
two
steps
ahead
and
being
a
technology
leader.

Note:
The
views
expressed
in
this
column
are
those
of
the
author
and
do
not
necessarily
reflect
those
of
CoinDesk,
Inc.
or
its
owners
and
affiliates.