DePINs: The Key to Trustworthy AI and Crypto Mass Adoption?
Wednesday, June 12, 2024 11:06 AM
129
Decentralized physical infrastructure networks (DePINs) are gaining momentum in the Web3 space, with projects like XYO allowing users to contribute resources like hard drive space or bandwidth to power decentralized networks. Markus Levin, co-founder of XY Labs, discusses the potential of DePINs to make AI more trustworthy by providing provenance for data, which can be crucial in fields like medicine. He believes DePINs are scalable and meet real client needs, without a market bubble, and have already helped onboard millions to the crypto space, potentially driving mass adoption.
Related News
5 days ago
Transforming The AI Industry With N3 Edge V1
The DePIN-EdgeAI protocol, Network3’s mining machine, N3 Edge V1, has gained significant traction with over 1,800 devices already on-chain. Following the rapid sellout of the initial batch of 3,000 devices on August 20, these devices are now operational in 185 countries. Network3's N3 Edge V1 marks
9 days ago
Theta Labs Partners with Seoul Women’s University for AI Research AccessTheta Labs has signed a multi-year agreement with Seoul Women’s University to provide its AI research lab access to Theta EdgeCloud’s decentralized GPU computing power. The partnership aims to boost computational power for AI research in healthcare, bioinformatics, and finance by leveraging Theta Ed
11 days ago
Embracing the Renaissance of Web 3.0: A Path to Decentralized CollaborationThe emergence of Web 3.0 and decentralization is sparking a new Renaissance, offering a fresh opportunity to prioritize humanity. While significant progress has been made in improving living standards and life expectancy, challenges like wealth inequality and environmental impacts persist. Experts w
11 days ago
DePINs: Transforming Web3 Infrastructure and AI DemandA recent MV Global report highlights the transformative potential of DePINs in the Web3 space, with over 1,000 projects and a $50 billion market cap. DePINs, decentralized physical infrastructure networks, aim to decentralize real-world systems like communication networks and energy markets. The rep
12 days ago
Theta Labs Partners with Seoul Women's University to Boost AI Research with Decentralized GPU Computing PowerTheta Labs has partnered with Seoul Women's University to provide its AI research lab access to Theta EdgeCloud's decentralized GPU computing power. This collaboration aims to enhance AI research in healthcare, bioinformatics, and finance by reducing costs and boosting computational power. Theta Edg
12 days ago
DePIN Alliance: Exploring the Future of Real-World Assets at TOKEN2049 SingaporeDePIN Alliance presents 'Where DePIN, AI & IP Converge into RWA' at TOKEN2049 Singapore, focusing on Real-World Assets (RWA) with top industry players like JDI Ventures and Chain Capital. The event offers networking opportunities with venture capitalists and features experts discussing the market tr