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  2. Decentralized physical infrastructure networks
    • According to 4 sources
    Decentralized physical infrastructure networks (DePIN) refer to the application of blockchain technology and decentralization principles to physical infrastructure and systems.
    Decentralized physical infrastructure networks (DePIN) refer to the application of blockchain technology and decentralization principles to physical infrastructure and systems. The seeds of DePINs were sown in the early explorations of blockchain’s potential beyond digital currencies.
    DePIN is an acronym, short for Decentralized Physical Infrastructure Networks. DePIN is a term used to describe decentralized applications that use tokens to incentivize people to provide services via real-world physical infrastructure/machines/devices.
    Decentralized physical infrastructure networks (DePINs) are blockchain protocols that build, maintain, and operate physical hardware infrastructure in an open and decentralized manner.
     
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